Wednesday, 13 March 2019 12:17

Executive management transition at Atterbury

Atterbury, the leading South African real estate developer and investor, has taken the next step in its leadership succession plan, restructuring and realigning its executive management.

Africa’s leading forum on the built environment sector – the Royal Institution of Chartered Surveyors (RICS) Summit Africa 2019 – is set to be hosted in Johannesburg’s financial district of Sandton Central in May.

Maluti Crescent Shopping Centre will open on 21 March 2019 when it will officially become the largest shopping centre in Phuthaditjhaba in the Free State.

Growth in trading density (sales per square metre) in 2018 at monitored shopping centres in South Africa and Namibia continued to improve after a lacklustre 2017, according to a retail property barometer.

While economic conditions remain challenging, Redefine Properties (JSE: RDF) continues to align its strategy to long-term trends and proactively manage liquidity through the recycling of non-core assets.

RDI, the income focused UK-REIT, has agreed three new high quality lettings at two of its retail parks delivering an average uplift of 40% on gross annualised rents reported for the year ending 31 August 2018.

Vukile Property Fund today reported 7.7% growth in dividends to 168.82 cents per share for the year to 31 March 2018 on the back of higher second-half distribution growth of 7.9%.

Tuesday, 12 December 2017 14:37

Waterfall wins International Property Award

At a ceremony held at the iconic Savoy Hotel in London on 4 December, Waterfall Management Company was awarded the International Best Mixed-use Development 2017/2018 for the Waterfall development.

Building on its globally-recognised Integrated Facilities Management business, JLL (NYSE: JLL) today announced that it has reached a definitive agreement to acquire Integral UK Ltd., the UK's leading provider of mechanical and electrical property maintenance, in a move that will make JLL one of the largest mobile engineering services providers for property worldwide.

Proposed merger between Atterbury Property Fund Proprietary Limited (Atterbury Fund) and Riverwalk Office Park Proprietary Limited (Riverwalk Company) and Club Retail Park Proprietary Limited (Club Retail Company) (Target Firms).

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