Investec Property Fund Limited (IPF or the Fund) has announced a 33.9% decline in distributable earnings yoy to 46.87cps (H1 FY20: 70.93cps) primarily due to the impact of COVID-19 related concessions and tenant failures that affected investments largely in South Africa.

The Covid-19 pandemic and lockdown has been a catalyst for highlighting the different characteristics – as well as the commonalities of preference – among various generations of home buyers, says Dr Andrew Golding, chief executive of the Pam Golding Property group.

The Minister of Finance hit the nail on the head when he said that it is not only investors who need confidence, but also the average South African, says Dr Andrew Golding, chief executive of the Pam Golding Property group.

During the third quarter of 2020 (Q3 20), South Africa’s COVID-19 lockdown moved from Alert Level 3 through to Level 1.

Tuesday, 06 October 2020 22:09

What’s making the rand tick?

The rand has been surprisingly strong since early April, with a few reversals along the way. What is driving this and how long can it last?

Tuesday, 29 September 2020 13:50

A robust EPP meets the challenges of COVID-19

JSE-listed EPP, Poland’s biggest retail landlord, reported results for the six-months ended 30 June 2020 that reveal a business with increased operational resilience.

Fairvest Property Holdings Limited (“Fairvest”) today announced results for the year to 30 June 2020, with total distribution for the year of 21.038 cents per share, down 3.4% decrease on the prior year. 

Attacq Limited (“Attacq”), The South African-based REIT today announced its financial results for the year ended 30 June 2020.

The current, exceptionally low interest rates in South Africa have sparked off a sudden and unexpected call for residential property bonds.

The further reduction of the repo rate by 25 basis points to an all-time low of 3.5% takes the prime interest rate down to 7%, says Dr Andrew Golding, chief executive of the Pam Golding Property group.

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