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Real estate consulting firm, JLL South Africa, has released its Q2 2017 research reports of the industrial markets in Johannesburg and Durban, the office markets in Johannesburg, Durban and Cape Town and synopsis of the South African retail market.
Investec Australia Property Fund (“IAPF” or the “Fund”) today announced the acquisition of an industrial property in Hallam, Melbourne for AUD 22,000,000 which represents an initial yield of 6.3%.
JSE-listed diversified real estate investment trust Redefine Properties, better known for its retail, industrial and office holdings, have commenced on the ZAR426 million residential development Park Central.
Diversified property REIT, Texton Property Fund Limited (“Texton”), today announced good annual results despite a challenging year, declaring an annual dividend of 102,80 cents per share.
Some real estate investors assume that higher-value (big ticket) real estate assets outperform lower-value assets, partly because there are fewer of them and they are harder to buy.
Atterbury, the leading South African real estate developer and investor, today announced Armond Boshoff has been appointed to the new position of Deputy CEO of the company from 1 August 2017.
Heriot REIT Limited (JSE:HET) listed in the Real Estate sector on the JSE’s AltX board as a Real Estate Investment Trust.
An explosion of interest and uptake in recent years has seen the mixed-use industrial park, Capricorn Park, turn into a resounding success story as developers, owner occupiers, investors and tenants both local and national have converged on this secure and affordable, prime situated location near Muizenberg in Cape Town’s Southern Suburbs.
Pockets of Salt River, once a booming part of Cape Town due to its proximity to the CBD, have been revitalised under property developers whose foresight envisioned the creation of a contemporary place to live, work and play.
Landmark property development projects from Atterbury, the leading South African property developer and investor, once again featured heavily among the winners of the coveted South African Property Owners Association (SAPOA) Awards in 2017.