South African Real Estate Investment Trust (REIT) Redefine Properties is significantly broadening its offshore footprint via an initial 75% investment into a 1.2 billion euro high-yielding commercial platform comprising 18 properties in the rapidly-expanding and exciting Polish market.
Real Retail Sales growth for December 2015 continued to record an exceptionally healthy growth rate under the weak economic circumstances.
The Royal Institution of Chartered Surveyors (RICS) will host its second annual RICS Africa Summit in Sandton Central, Johannesburg, on 24 February 2016, bringing together leading speakers and professionals in the built environment.
The revitalisation of state-owned industrial parks will promote industrialisation and increase their contribution to job creation and South Africa’s economic growth, says Trade and Industry Minister Rob Davies.
The household sector experienced increased financial strain throughout 2015 and in the early stages of 2016 according to Absa Housing Review.
According to Catalyst Fund Managers, the SA Listed Property Index (SAPY) recorded a negative total return (-2.98) for the month ended 31 January 2016.
Hotel and casino group Sun International will remain a committed investor in Nigeria despite run-ins with that country’s authorities.
Agrokor’s retail position improved by 30 places compared to last year’s list of the world's 250 largest retail chains and due to 4.809 million dollars of income generated in 2014, is now positioned as 192nd in the latest Deloitte report Global Powers of Retailing 2016.
According to Instinctif Partners, the rapid acceleration in the depreciation of the South African exchange rate in December 2015 has widely been seen as evidence of South Africa’s poor macro policy and ultimately a reflection of worsened foreign investor sentiment following the controversial changes at the National Treasury.
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