Investec Australia Property Fund (“IAPF” or the “Fund”) today announced the acquisition of an industrial property in Dandenong South, Melbourne for AUD 19 450 000 which represents an initial yield of 6.3%.

A technical recession and low investor confidence has produced a seven-year investment low in the commercial property market.

JSE-listed diversified Real Estate Investment Trust (REIT) Redefine Properties (JSE: RDF) has reported a solid  performance for the full year to end August 2017, after lifting full year distribution 7% to 92 cents per share.

Earth-moving equipment giant, Komatsu, has partnered with Investec Property to consolidate its head office operations, warehouse and distribution centres as well as its workshops and remanufacturing facilities into one centralised property.

JSE-listed diversified Real Estate Investment Trust (REIT) Redefine Properties (JSE: RDF) continues to build an exceptionally diversified and quality property platform after acquiring another attractive development site for student accommodation in Australia.

Investec Property Fund (“IPF” or “the Fund”) is pleased to announce a final dividend of 66.74 cents per share for the six months ended 31 March 2017, taking the full year dividend to 127.65 cents per share (31 March 2016: 124.66 cents per share).

JSE-listed diversified real estate investment trust Redefine Properties has delivered another solid performance after increasing its distribution by 7.5% to 44.82 cents per share for the six months to 28 February 2017.

There are a few significant changes on the cards for the South African property sector in 2017.

Investec Australia Property Fund (“IAPF” or the “Fund”) is pleased to announce an interim distribution of 4.81 cents per unit pre withholding tax (“WHT”) and 4.64 cents per unit post WHT for the six months to 30 September 2016.This represents growth of 6.0% pre WHT and 8.7% post WHT for the half year.

JSE-listed, internationally diversified real estate investment trust Redefine Properties (JSE: RDF) has harnessed the benefits of a diversified portfolio and operational efficiencies to deliver a solid performance for the full year to end August 2016.

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