Building activity in the South African market for new housing remained largely subdued in the first three quarters of 2016.

Arrowhead, the South African JSE listed REIT, has declared a dividend of 82,55 cents per share for the year ended 30 September 2016.

October 2016 saw year-on-year growth in the average nominal value of middle-segment homes in the South African housing market remaining relatively low against the background of trends in and prospects for the economy and the household sector.

Ingenuity Property Investments sees its headline earnings per share fall 23% from 4.7c to 3.6c in the year to August amid difficult market conditions.

Dipula Income Fund manages to grow its distribution per share 8% in the year to August, attributing it to organic growth and strong asset management.

Tuesday, 15 November 2016 07:40

Plan to put white elephant into black

The City of Cape Town is pulling out all the stops to turn around its loss-making World Cup stadium in Green Point.

JSE listed Trematon Capital Investments Limited (“Trematon”, “the Group” or “the Company”), the Western Cape focused actively managed Investment Holding Company, today announced solid financial results for the year to 31 August 2016.

The Residential Mortgage Market is weak in terms of transaction growth, but solid in terms of debt repayment performance under weak economic circumstances.  

Ascension Properties grows its distributable earnings by R238.6m in the year to August.

Rebosis Property Fund, the JSE’s first listed black-managed REIT, sustained strong distribution growth for the year ended 31 August 2016.

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