Growthpoint Properties has completed the R44 million first phase of its new development at Mill Road Industrial Park in Cape Town, which includes a 5,000sqm facility for Laser Logistics.

“Overall many key African hotel markets reflected a positive turnaround in tourism in the first half of 2018,” says CEO of HTI Consulting, Wayne Troughton. “Though many of these markets continue to trade off a low base, the positive growth in room nights sold bodes well for future occupancy increases and hotel supply,” he states.

The Green Building Council of South Africa (GBCSA) honoured property owners, accredited professionals (AP) and individuals during the 11th Annual Green Building Convention’s gala dinner at the Century City Conference Centre in Cape Town on Thursday (4 October 2018).

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

With the rand regaining some ground and inflation surprising on the downside this week, existing and aspirant home buyers will be relieved at the Monetary Policy Committee’s decision today (20 September 2018) not to increase the repo rate, says Dr Andrew Golding, chief executive of the Pam Golding Property group.

Hotel Verde Cape Town, exceeds 95% percent waste management target.

Wednesday, 12 September 2018 13:10

South African millennials are buying homes

Millennials in South African have purchased homes in great numbers in recent years. According to statistics supplied by property group Lightstone, almost 330 000 millennials bought homes in South Africa between 2015 and 2017 and 70% of them were first-time homebuyers.

Cape Town, 4 September 2018. South Africa’s top performing SA REIT Fairvest Property Holdings Limited (“Fairvest”) today announced solid results for the year to 30 June 2018, with annual distributions increasing by 9.91% to 20.150 cents per share. 

Monday, 03 September 2018 11:33

Texton Results Postponed

The Texton Board today received communication from the Public Investment Corporation (PIC) relating to the funding granted by GEPF to BEE SPV and the Put Option which was granted to GEPF by Texton.

Growthpoint Properties today announced distribution growth of 6.5% per share for its full year to 30 June 2018 for investors, delivering a solid set of results that match its market guidance.

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