Emira Property Fund achieves strong 8.8% full-year distribution growth
Emira Property Fund Limited today reported distribution growth of 8.8 % per share for its full-year ended 30 June 2016, meeting its market guidance with a strong set of results for Emira investors.
Retail Property, the "outperformer" over the past 2 decades, explained by strong consumer fundamentals for much of this period
Some may perceive the Commercial Property Sector not to have “boomed” to the extent of the Residential Sector over the past 2 decades, with the Residential Market having experienced an extreme price growth boom prior to 2008.
Repo rate unchanged in July
The Reserve Bank on Thursday kept the repo rate unchanged at 7% - in line with market expectations.
Continued slowing property price growth in second quarter of 2016
Second quarter 2016 statistics released by ooba show nominal house price growth of 2% year-on-year compared to the second quarter of 2015.
Retail property sector forecast points to a mild slowdown
According to John Loos, a mild slowdown for the Consumer and Retail Property sector is projected based on an FNB macroeconomic scenario where recession is avoided, inflation is moderate, and interest rates have just about peaked.
Slower inflation trajectory likely to provide the SARB MPC with enough justification to keep rates on hold
May inflation slowed modestly to 6.1% y/y from 6.2%.
Repo rate remains unchanged at 7%
The Reserve Bank on Thursday kept South Africa’s repo rate unchanged at 7 percent per annum.
Major Metro former “Township” house prices continues to outperform
The FNB Major Metro Former Township House Price Index continues to outperform the overall Major Metro House Price Index in terms of average price growth, although these “Township” areas remain the most affordable residential areas on average.
Still plenty of opportunities available in Gauteng residential property market
While much has been said regarding the slowing in house price growth in recent months, the residential property market in Gauteng is a highly complex one, with sharp regional and suburban variations, and there are a number highly positive developments within the region’s property sector.
Atlantic Leaf delivers strong results after transformative year
Atlantic Leaf delivers strong results after transformative year.
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