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It is important to understand that, due to significant resistance by home sellers to house price declines, in times of economic and residential demand slowdown the residential market can often move away from market equilibrium price.
Accelerate Property Fund, the JSE listed REIT with significant exposure in the dynamic Fourways node in Johannesburg, today announced solid Annual Results for the year ended 31 March 2017.
NEPI subsidiary, NEPI Project One EOOD, concludes acquisition of Serdika Centre and Office in Bulgaria from Einkaufs-Center Sofia GmbH & Co. KG.
New York, San Francisco, Zurich, Hong Kong and London top the league table of the most expensive places to build.
JLL’s overview of South Africa’s main office, industrial and retail markets lends perspective amidst the current political uncertainty and challenging economic conditions.
While Nigeria’s economic downturn created adverse conditions for international companies operating in the country, leading construction and property solutions company, Profica, adopted an astute approach to doing business that enabled them to weather the storm.
Delta Property Fund, a specialist black-managed and substantially black-owned REIT with a significant sovereign underpin, today reported sound results for the financial year ended 28 February 2017, declaring a dividend of 97.24 cents per share, up 7,1% on the prior financial year and in line with the Group’s growth forecast.
AS the Eastern Cape’s largest shopping and entertainment centre, Baywest Mall, marks its second birthday this month (May 21), its performance for owners Rebosis Property Fund suggests consumer appetites for super-regional malls are far from waning.
Vukile Property Fund today reported 7.1% growth in dividends per share for the year to 31 March 2017, comfortably delivering on its market guidance and again advancing its track record of unbroken growth in dividends since listing in 2004.
Arrowhead, the South African JSE listed REIT, released its interim results today in line with guidance, despite a tough local economic and political environment.