South African investors are likely to make more money in offshore property markets next year than in their own backyards.
Increasing its exposure to industrial property in the Western Cape, Growthpoint Properties has acquired one of the largest and last remaining unutilised properties in Bellville, Cape Town.
Growthpoint Properties has acquired a strategic site in Blackheath, Cape Town for a quality, tenant-tailored industrial property development.
Accelerate Property Fund listed today on the main board of the Johannesburg Stock Exchange ("JSE"), in the "Real Estate – Real Estate Holdings and Development" sector.
The festive period is an important time for retailers but, with economic growth being relatively muted, James Templeton, CEO of Emira Property Fund, says the retailers and shopping malls are going to have to work hard for their share of increasingly cautious spending this festive season.
Antoinette Coetzee, Retail Analyst at Redefine Properties is feeling somewhat upbeat about this year's festive season.
Redefine International P.L.C., which has a primary listing on the London Stock Exchange and a secondary listing on the Johannesburg Stock Exchange has commenced trading as a UK-REIT on both bourses today.

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