Gustav Voigts shopping centre in Namibia’s capital city of Windhoek is to undergo a multimillion-dollar phased refurbishment starting this year.
Emira Property Fund Limited today reported a 68,93 cents dividend per share for its half-year ended 31 December 2016, which is in line with its market guidance.
If Sandton, the financial centre of South Africa, has been impacted by the national economic slowdown, the city appears, at least physically, to show little sign of this.
2017 looks to be a challenging year for the South African property market, as quarterly statistics released by ooba, South Africa’s largest bond originator, point to ongoing affordability constraints for South African consumers.
Mara Delta, the only listed Africa focused distribution fund to offer international property investors direct access to immediate high growth opportunities on the African continent outside of South Africa, today reported strong interim financial results for the six months ended 31 December 2016.
The Department of Trade and Industry (dti) plans to spend R216 million on renovations at five industrial parks in the country.
While economic growth is expected to be mildly better in 2017, this is not yet expected to be enough to turn Real Household Disposable Income growth positive on a per capital basis.
Fine & Country Sub-Saharan Africa, part of the UK’s global luxury property network, announced a pioneering partnership with Unipalm Investment Holdings Ltd at a sunset launch held recently.
Over the long term, value styled investing outperforms growth styled investing. However, for the last seven years, both globally and in South Africa, value investing has underperformed.
Texton Property Fund Limited (JSE:TEX), a South African real estate investment trust (REIT) has appointed Nic Morris as its Chief Executive Officer (CEO), with effect from 1 December 2016.

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