Maluti Crescent Shopping Centre will open on 21 March 2019 when it will officially become the largest shopping centre in Phuthaditjhaba in the Free State.

Fairvest Property Holdings Limited today again announced solid results for the six months to December 2018, with interim distributions increasing by 8.3% to 10.616 cents per share. 

Nedbank has partnered with the Free Market Foundation’s Khaya Lam Land Reform Project to help enable hundreds of families to go from being tenants to homeowners through the transfer of title deeds.

Emira Property Fund is selling a sizeable R1.8bn portfolio of 25 office assets to a new majority black-owned entity, specially setup for this purpose.

Cape Town, 4 September 2018. South Africa’s top performing SA REIT Fairvest Property Holdings Limited (“Fairvest”) today announced solid results for the year to 30 June 2018, with annual distributions increasing by 9.91% to 20.150 cents per share. 

Izandla Property has partnered with Sasol Wax Chemicals, a division of Sasol South Africa, for the development of a new logistics warehouse and offices measuring 17,020m², located in the Sasol ChemCity Eco-Industrial Park in Sasolburg, Free State.

Maluti Crescent Shopping Centre (formerly Setsing Crescent) in Phuthaditjhaba, Free State, is receiving a major redevelopment and expansion boost from JSE-listed Retail REIT Vukile Property Fund, which will see it becoming the largest shopping centre in its town.

Fairvest Property Holdings Limited (“Fairvest”) today announced a full year distribution of 16.660 cents per share, which represents a 10.29% increase on the comparable period and again exceeded the guidance previously issued.

Some developers are shifting their focus to small and convenience shopping centres.

Today, First National Bank (FNB), the Kavod Trust and Councillor Moeng, Member of the Mayoral Committee, officially opened FNB’s new regional offices in the Central Business District (CBD) of Bloemfontein.

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