Indluplace Properties Limited (“Indluplace”), the largest, residential focused JSE-listed REIT, with a portfolio that provides affordable rental housing, today released its financial results for the six months ended 31 March 2019.

Equites Property Fund Limited today announced growth of 11.8% in its distribution per share for the year ended 28 February 2019 to 138.43 cents, along with robust growth in the NAV per share of 10.2% to R16.92.

The National Home Builders Registration Council (NHBRC) has deregistered seventeen (17) contractors and builders from its database of approved homebuilders following the outcome of the disciplinary hearing processes.

Building on the success of the strongest mall in Cyprus, Atterbury Europe’s first phase Mall of Cyprus expansion has opened to shoppers with an added 6,000sqm of retail space, 15 new retail brands, six new food and beverage concepts and 300 extra parking spaces.

Within the 13 month timeframe and in time for its official opening on 21 March 2019, Concor Buildings has completed the Maluti Crescent regional retail hub, owned by Vukile Property Fund, at Phuthaditjhaba in Free State province.

This month, Africrest Properties opened their latest residential conversion project up for leasing and the first tenants have started moving in.

Fortress REIT, the JSE-listed diversified property group, says the first phase of its White River Crossing development, a state-of-the-art retail and leisure centre near the Kruger National Park is nearing completion and is on course for its scheduled opening on 22 August 2019.

McCormick Property Development (MPD) is proud to confirm the signing of a partnership agreement with Putprop Limited for the development of two signature retail projects, located in the Gauteng townships of Soweto and Mamelodi.

It is nearly universally accepted that good infrastructure has significant benefits for the economy and peoples’ quality of life. South Africa currently has a predicted annual infrastructure spend of US$50bn a year by 2030.

Construction of Divercity Urban Property Fund’s iconic Jewel City redevelopment is forging ahead.

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