While the local commercial property finance market has been constrained by poor economic growth, rising operating costs and low business confidence in the first half of this year, it remains buoyant, continuing the strong trend seen over the past few years, according to Nedbank Corporate and Investment Banking (NCIB) managing executive of property finance Robin Lockhart-Ross.

Waterfall Corner in Midrand, Gauteng, has been named the winner of the sought-after Spectrum Award for the best retail development, making a splash at the in the South African Council of Shopping Centre’s (SACSC) Annual Retail Design and Development Awards (RDDA).

SA's real estate investment trust, Growthpoint Properties, is expected to launch a joint venture in its first foray into the rest of Africa.

Growthpoint Properties’ R150 million Greenfield Industrial Park Development will introduce a quality, modern industrial park on a prime 3.4 hectare site in Airport Industria, near Cape Town International Airport.

Growthpoint Properties grows its asset base from R1.5bn to about R100bn in 14 years, but the next chapter is set to be more challenging.

Growthpoint Properties has shifted its focus to its own developments as it struggles to find reasonably priced new acquisition opportunities in the local property market.

Growthpoint Properties Limited today posted distribution growth of 7.5% for its full year to 30 June 2015, delivering results at the upper end of its market guidance.

Tsogo Sun is in talks to buy a significant stake in struggling real estate investment trust, Hospitality Property Fund in what could be the first step in its plan to list a property fund.

Investec Australia Property Fund today announced the acquisition of an AUD 18.15 million property in one of Brisbane’s core industrial nodes.

Growthpoint Properties was announced the overall winner of the 2015 IPD Direct Property Investment Award for the highest annualised direct property return.