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Emira Property Fund Limited today reported a 68,93 cents dividend per share for its half-year ended 31 December 2016, which is in line with its market guidance.
The young Fieldspace Property Group proves itself as a force to be reckoned with. Having entered their second year as Fieldspace, the team is already showing signs of shaking things up in the property sector, proving that innovation is the name of the game.
Over the long term, value styled investing outperforms growth styled investing. However, for the last seven years, both globally and in South Africa, value investing has underperformed.
Texton Property Fund Limited (JSE:TEX), a South African real estate investment trust (REIT) has appointed Nic Morris as its Chief Executive Officer (CEO), with effect from 1 December 2016.
Two sites at the Cornubia mixed-use development north of Durban, will break ground early in 2017.
Growthpoint Properties today announced it will subscribe for an initial 26.9% stake in London Stock Exchange Alternative Investment Market listed Globalworth Real Estate Investment Limited, the largest owner of office space in Romania.
One of the country’s foremost black owned healthcare groups Busamed today announced the opening of the world class Modderfontein Private Hospital & Oncology Centre on the footprint of Zendai Development’s Modderfontein New City. The state-of-the-art tertiary hospital will offer comprehensive healthcare services to communities in and around Modderfontein.
Lease-back sales are fast gaining traction in the South African marketplace, now a preferred option for many commercial and industrial property owners and an increasingly popular component of company financial management.
Balwin, South Africa’s largest homebuilder focusing on large scale sectional-title residential estates in high-growth, high-density metropolitan nodes in South Africa’s major cities, this morning announced a solid operational performance for the six months ended 31 August 2016.
Cape Reit Spear Reit becomes the first Western Cape region-specific property fund to list on the JSE.