While many South Africans are likely to be buying more basic goods this festive season, luxury goods targeted at high-end consumers are also set to enjoy strong sales.

The SA Listed Property Index (SAPY) recorded a negative total return (-0.50%) for the month ended 30 November 2015. 

Attracting over one million shoppers each month this year, Eyethu Orange Farm Mall has built a strong, successful trading record since it opened a year ago, on 28 October 2014.

Dipula Income Fund reported an increase of 33% in distributable earnings for its financial year to 31 August 2015, during a period of remarkable growth.

Gillwell Taxi Rank Park opens on Thursday, 12 November, and is set to be an excellent asset for its shoppers, retailers, owners and community.

Dipula Income Fund, acquirers of the R316 million Gillwell Taxi Retail Park development in the East London CBD, situated in the Buffalo City Metropolitan Municipality of the Eastern Cape Province, have confirmed construction is progressing on the new centre.

Dipula Income Fund today reported its half-year results reflecting a 33.2% growth in distributable earnings during the six-month interim period to 28 February 2015.

Dipula Income Fund plans to introduce a new capital structure, converting from complicated linked units to the simpler ordinary share structure, for both its current A and B linked units.

Slow economic growth and high operating cost inflation - especially rates and taxes, and electricity – are challenging the commercial property sector and placing strain on South African business.