JSE listed diversified real estate investment trust Redefine Properties’ today announced that Leon Kok will transition from his current role as financial director to chief operating officer when incumbent David Rice retires from the company on 31 August 2020.

Following various announcements made by Edcon over recent months in relation to the recapitalisation of the business, the Group has advanced the process sufficiently to provide a further update to all stakeholders. 

As South Africa continues to face an increasingly harsh economic climate due to further credit downgrades and high levels of fiscal uncertainty. 

Residential building activity in the South African market for new housing remained relatively subdued in the first four months of 2016 compared with the corresponding period a year ago.

South Africa’s unemployment rate increased to 25.5% in the third quarter of 2015, Statistics South Africa (Stats SA) said on Tuesday.

Blackstone announced the final close of its latest global real estate fund, Blackstone Real Estate Partners VIII (“BREP VIII”), at $15.8 billion.

Monday, 20 April 2015 10:19

How to Invest in Industrial Property

During the last three years, interest rates have been low and the rand has been strong, fuelling the growth of many businesses. 

Growth in household credit and mortgage balances slows down further.

Wednesday, 01 October 2014 11:11

Overcoming the affordable housing challenge

While there has been an increase in the volume of land coming on stream for affordable housing developments over the last few years, there are a number of challenges that need to be overcome in order to sustain this trend.

Small businesses in the tourism sector have the option of accessing a new R50m loan facility through the Tourism Enterprise Partnership.

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