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There can be no arguing against the fact that the provision of affordable housing is a vital component of the social transformation and empowerment efforts of local and national governments across South Africa.
Atterbury Europe has entered into a 50/50 joint venture with Iulius .
News broke last week that The Fitch ratings agency could affirm SA’s rand-denominated credit rating one level above junk at BBB-, a move that no doubt makes us question what this means for the property development and real estate sectors.
National property management company Trafalgar has just announced the acquisition of Table View-based managing agency Browmann Property Management.
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.
Acsion Limited, a specialist commercial, retail and residential property developer and owner, today announced a solid set of results for the twelve months ended 28 February 2017.
Residential building activity remained under pressure in both the planning and construction phases of the South African market for new housing in the first quarter of 2017.
Spear REIT Limited has declared a first dividend of 16.75% over their forecast in the company’s first set of financial results since listing on the Johannesburg Stock Exchange in November last year.
JSE diversified REIT - Dipula Income Fund (Dipula) - today reported strong interim growth with a 9,5% increase in distributable earnings on the prior period.