South African REITs (real estate investment trusts) have once again excelled among the country’s top companies earning the most wealth and value for shareholders.

The SA REIT (Real Estate Investment Trust) sector has published the Second Edition of its Best Practice Recommendations to enhance the transparency and comparability of financial reporting by SA REITs.

In order of most empowered, the REITs are: Arrowhead Properties, Redefine Properties, Growthpoint Properties, Equites Property Fund, and Rebosis Property fund.

Estienne de Klerk has been elected Chairman of the SA REIT Association, which represents the South African listed REIT (real estate investment trust) sector.

Property Point, the Growthpoint Properties initiative, has officially facilitated more than R1bn successful procurement opportunities for small businesses operating in South Africa’s property sector.

In the last decade, SA REITs have proven their ability to operate successfully on the international stage and play in almost any market in the world. But does this make them truly global real estate players?

In a landmark partnership for collective economic growth in South Africa, the Department of Small Business Development (DSBD) is joining forces with Property Point, a Growthpoint Properties initiative, to develop more small businesses for South Africa’s property sector.

Growthpoint Properties today introduced the first electronic bike hubs to Sandton Central in a pilot project that pioneers a new, convenient and environmentally innovative alternative mode of transport for South Africa’s financial hub.

Ten thriving small businesses have graduated from the rigorous two-year enterprise development incubation programme offered by Property Point: a Growthpoint Initiative.

Tuesday, 21 July 2015 15:46

Prime office space still in demand

Although high office vacancies continue to plague the listed property sector, there has been some respite in the second quarter of this year.

Page 1 of 6

Most Popular

Balwin Properties announces R9 billion Munyaka Crystal Lagoon development in Waterfall, Midrand

Feb 06, 2020
Munyaka Crystal Lagoon
JSE listed Balwin Properties, a developer that cares about environmentally responsible…

Atterbury develops new Cape Town showroom for WeBuyCars

Jan 30, 2020
Atterbury We Buy Cars exterior view
Leading property developer and investor Atterbury has handed over the innovative…

New fire safety global standard being developed for buildings and infrastructure

Jan 30, 2020
TC Chetty RICS SA Country Manager
The Royal Institution of Chartered Surveyors (RICS) is collaborating with a coalition of…

Redefine Properties further enhances liquidity with sale of Strykow

Feb 03, 2020
Andrew Konig CEO Redefine
Redefine Properties further enhances liquidity with sale of Strykow.

Property Insights - 4th Quarter 2019 FNB Property Broker Survey of Rental Market Conditions

Feb 04, 2020
John LoosFNB
As in the case of the buying/selling market survey, brokers perceive the most buoyant…

Please publish modules in offcanvas position.