John Loos comments on the unchanged Repo Rate
SARB leaves Repo Rate unchanged after only 1 x 25 basis point cut in the current cutting cycle. Weak consumer confidence likely to remain, and shift to a more cautious consumer expected to continue says John Loos, Household and Property Sector Strategist.
Household Sector Debt-Service Risk rises slightly in the 2nd quarter of 2017
Examining recent years’ of improvement in both the Household Sector Debt-to-Disposable Income Ratio (decline) as well as the Household Sector Net Savings Rate (rise), it would appear that weak consumer confidence levels in a stagnant economy are encouraging households as a collective towards a more cautious financial approach.
Grit Real Estate Income Group delivers solid 2017 results on the back of favourable lease renewals
Grit reported strong financial results for the year ended 30 June 2017.
A further weakening in building activity on the cards despite a slight rise in the FNB-BER Building Confidence Index
After declining by 11 points in 2Q2017, the FNB/BER Building Confidence Index improved by 3 index points to 35 in 3Q2017.
2nd Quarter 2017 new mortgage lending growth slows once more
2nd Quarter 2017 SARB New Mortgage Lending data, released in the latest SARB Quarterly Bulletin, showed a renewed slowing in the year-on-year growth rate into negative territory in the 2nd quarter, after a briefly positive growth rate in the 1st quarter of 2017.
Echo Polska Properties exceeds interim targets
SE listed Echo Polska Properties (EPP) - the pure Polish property play - today released interim results for the six-month period ended June 2017 (“the period”) with distributions of 5.192 eurocents a share 3.2% ahead of budget.
Fairvest Property Holdings post strong results for the 2017 financial year
Fairvest Property Holdings Limited (“Fairvest”) today announced strong results for the 2017 financial year.
How smart corporates are maximising returns by consolidating their property footprint
For businesses that are seeking to be more efficient and productive, consolidating regional offices and bringing together multiple divisions into one large corporate headquarters, makes commercial sense.
Growthpoint Properties posts forecast-beating distribution growth and achieves key strategic successes
Growthpoint Properties today posted distribution growth of 6.9% per share for its half-year to 30 June 2017, taking its full-year distribution growth to 6.5% per share and delivering results ahead of its market guidance.
Household credit and mortgage balances
Outstanding credit balances in the South African household sector increased by 3,3% yearon-year (y/y) to a level of R1 514,8 billion in the seven months up to the end of July 2017 on the back of trends in secured and unsecured credit balances.
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Rebosis Property Fund bids farewell to Dr Anna Mokgokong, the founding independent non-executive director and chairperson
Rebosis reports improved operational performance for six months to end February 2022; focus remains on portfolio optimisation
Fairvest Limited announces first interim results as a merged entity, with dividends equal to 100% of distributable income at 61.52 cents per A share and 21.33 cents per B share
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