JSE self storage specialist REIT, Stor-Age, continued to demonstrate the resilience of its business model with 9.1% dividend growth for the six months to September 2018, to 51.30 cents per share, in a tough macro landscape.

Heartwood Properties, a commercial and industrial property developer listed on the 4 Africa Exchange, recently announced the appointment of Mr. Bernard Roy Seeff as the latest non-executive director to join the company’s board of directors and act as a member of their audit committee.

Emira Property Fund is selling a sizeable R1.8bn portfolio of 25 office assets to a new majority black-owned entity, specially setup for this purpose.

JSE REIT Stor-Age, the leading and only listed self storage property fund in South Africa, yesterday closed its accelerated bookbuild.

The fourth and final phase of the popular Willow Wood Office Park, developed by Heartwood Properties, in Fourways in Gauteng, is currently under construction and due for completion in March next year.

JSE-listed self storage company Stor-Age opened a new store in the affluent residential area of Bryanston this week. The company’s trading portfolio has increased to over 50 stores in South Africa.

Heartwood Properties, born out of a successful joint venture between Gauteng property developers, Brydens Group and Montagu Property Group, is the first property company to list on the new 4 Africa Exchange (4AX).

South Africa’s largest self storage group, Stor-Age, continued to demonstrate the strength of its sector specialisation and resilient product when declaring a dividend of 98 cents for the year to March 2018, up 11.1% year-on-year and continuing an unbroken dividend growth trend since listing in November 2015.

Emira Property Fund today reported a total dividend of 70.65 cents per share for its half-year ended 31 December 2017. This represents a 2.5% year-on-year increase in distributions and marks Emira’s return to positive dividend growth.

Thursday, 19 October 2017 09:40

Affordable Bryanston and Fourways offices

Bryanston, Fourways and Surrounds still offer affordable office rentals compared to other nodes in northern Johannesburg.

Page 1 of 4

Most Popular

Property market will trend positive in 2019, says Berry Everitt

Jan 09, 2019
BERRY EVERITT
“South Africa’s residential market is in for an interesting time in 2019, but our…

How to beat the January financial blues

Jan 09, 2019
RUDI BOTHA
No-one wants to default on their bond instalments or other account payments, but often in…

Texton’s shareholders cast clear vote against share repurchase, putting the REIT on a firmer footing

Jan 09, 2019
MARIUS MULLER
Shareholders of Texton Property Fund have voted against the repurchase of shares in terms…

Moody's affirms Nepi Rockcastle's BAA3 long-term credit rating and changes outlook to stable

Jan 09, 2019
ALEX MORAR
Moody's Investors Service has affirmed NEPI Rockcastle’s long-term credit rating and…

PKM Developments opens three new value centres in Central and Eastern Europe

Jan 09, 2019
BAIA MARE
In November and December 2018, PKM Developments, the joint venture between MAS Real…

Please publish modules in offcanvas position.