Broll Property Group (Pty) Ltd announced this morning that it has ended its affiliate partnership with US-based CBRE Group, Inc.

Wednesday, 05 December 2018 19:24

SA exits technical recession in third quarter

South Africa has come out of a technical recession with the economy growing by 2.2% in the third quarter of 2018, said Statistics South Africa (Stats SA).

Vukile Property Fund today reported 7.5% growth in dividends to 78.1 cents per share for its half-year to 30 September 2018, which is well in line with its full-year guidance.

 Diversified, South African-focused property fund Arrowhead today reported results for the year ended 30 September 2018.

Today’s October CPI (Consumer Price Index) showed a slight acceleration in its year-on-year inflation rate, from 4.9% in the previous month to 5.1%.

JSE self storage specialist REIT, Stor-Age, continued to demonstrate the resilience of its business model with 9.1% dividend growth for the six months to September 2018, to 51.30 cents per share, in a tough macro landscape.

The Firstrand economic team expects a 25 basis point interest rate hike this week when the SARB (South African Reserve Bank) MPC (Monetary Policy Committee) meets to deliberate on interest rates.

According to the latest findings of the World Green Building Trends 2018 Smart Market Report, the emergent green building movement has indicated an increase in the percentage of industry respondents who expect to build their projects green – a jump from 27% in 2018 to almost half by 2021 (47%).

Friday, 09 November 2018 16:42

SA hard at work to clear path for investment

Opening the inaugural South Africa Investment Conference, President Cyril Ramaphosa has called on potential investors to invest in the country for more bang for their buck.

Foreign exchange and inflation have stabilized in Nigeria amid emerging market pressures.

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