News Search

Tuesday, 05 September 2017 16:04

SA economy exits technical recession

South Africa’s Gross Domestic Product (GDP) grew by 2.5% in the second quarter of 2017, Statistician General Pali Lehohla said on Tuesday.

NEPI subsidiary, NEPI Project One EOOD, concludes acquisition of Serdika Centre and Office in Bulgaria from Einkaufs-Center Sofia GmbH & Co. KG.

Investec Australia Property Fund (“IAPF” or the “Fund”) is pleased to announce a final distribution of of 4.93 cents per unit (“cpu”) pre-withholding tax (“WHT”) and 4.60 cpu post WHT (31 March 2016: 4.63 cpu pre WHT and 4.65 cpu post WHT).

With South Africa and Nigeria being Africa’s two biggest economies, the recent credit rating downgrades by global ratings agencies, will negatively affect both nations and hit Africa’s overall economic growth.

“Recently, we’ve witnessed a noticeable shift in the nature of hotel development in South Africa and the manner in which such developments are funded and owned,” states Wayne Troughton, CEO of HTI Consulting, a specialist hospitality and real estate consulting firm.

Growthpoint Properties' first foray into Eastern Europe receives a mixed reaction from one South African fund manager.

The Commercial Property Market has been seeing its average capital growth slowing in recent times, driven by economic growth weakness and interest rate hiking of recent years.

Tuesday, 01 March 2016 17:01

GDP increases by 1.3 percent in 2015

The economy grew by 1.3 percent in 2015, Statistician General Pali Lehohla announced on Tuesday.

South African Real Estate Investment Trust (REIT) Redefine Properties is significantly broadening its offshore footprint via an initial 75% investment into a 1.2 billion euro high-yielding commercial platform comprising 18 properties in the rapidly-expanding and exciting Polish market.

The Royal Institution of Chartered Surveyors (RICS) will host its second annual RICS Africa Summit in Sandton Central, Johannesburg, on 24 February 2016, bringing together leading speakers and professionals in the built environment.

Page 1 of 3

Most Popular

How smart corporates are maximising returns by consolidating their property footprint

Sep 01, 2017
Amrod
For businesses that are seeking to be more efficient and productive, consolidating…

JSE listed Rebosis Property Fund announces R917 million B-BBEE transaction

Sep 01, 2017
Andile Mazwai COO Rebosis
Rebosis Property Fund, the JSE’s first listed black-managed and significantly black owned…

The Property Practitioners Bill set to transform the entire property market

Sep 19, 2017
Storme Heath CAF2
Gazetted in March 2017 for comment, the long-awaited Property Practitioners Bill is…

Growthpoint Properties posts forecast-beating distribution growth and achieves key strategic successes

Aug 31, 2017
Growthpoint Norbert Sasse
Growthpoint Properties today posted distribution growth of 6.9% per share for its…

Energy saving technologies will help consumers prepare for massive electricity price hikes in 2018

Sep 06, 2017
Cala van der Westhuizen
The latest ruling by the Constitutional Court, allowing Eskom to retrospectively ask the…