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.
Sun International’s The Table Bay comes of age today (30 May 2018). Celebrating 21 years of creating memories for its guests, The Table Bay enters its new era with the poise and grace that has made it an icon of luxury and refinement, and one of the world’s most respected hotels.
The latest figures from the respected property analysts Lightstone bear out the bullish statements that he has from time to time made about the prospects for what is arguably the Cape Town Northern Suburbs’ most prestigious and popular suburb, Durbanville, said Rowan Alexander, Director of Alexander Swart Property, this week.
The Cape Town Municipality’s water department has, says Rowan Alexander, Director of Alexander Swart Property, been reasonably efficient in keeping track of water consumption and penalising those who do not comply with the new rulings limiting water usage.
Brackenfell, thought by many property trend watchers to be the precinct that now offers the best value for money and the best capital growth prospects.
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“Spear’s assets under ownership of its core portfolio have increased 117% since the start of the 2018 financial year. The strong performance of the core portfolio stands testament to the value investing nature of management and ability to actively manage assets that generate yield-enhancing returns for shareholders” – CEO Mike Flax.
Equites Property Fund Limited today announced growth in distribution per share for the year ended 28 February 2018 of 12.2% to 123.86 cents, as well as a 30% growth in the fair value of its property portfolio from R6.2 billion to R8.1 billion.
The FNB Holiday Towns House Price Index, comprising towns (both coastal and inland) whose housing markets are deemed to be strongly driven by holiday home demand, continue to show a mild “outperformance” in terms of house price growth, relative to the overall national market.
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