Emira Property Fund (JSE: EMI) has received written notice from its major shareholder, the I Group, that the I Group and its concert parties have raised their stakes in the REIT and now hold 35.003% of its voting rights.
1st Quarter 2021 FNB Property Broker Survey of Rental Market Conditions – Brokers perceive recovery in Industrial and Retail market activity, but little sign of rising activity in the Office Market.
The 1st Quarter 2021 FNB Commercial Property Broker Survey component that surveys broker perceptions of buying/selling market activity by major commercial property class, continued to show rising activity ratings in all 3 classes, i.e. the Industrial, Retail and Office Property Classes.
FNB Commercial Property Finance held its Quarterly Property Market briefing today and the focus was on key Retail Property themes.
Park Village Auctions brings to market a well Designed Factory with Offices
During the COVID-19 pandemic, property stocks in general took a significant hit, where retail and commercial office space – and even some industrial property holdings – were affected. In contrast, lower-income affordable housing – and inner-city housing in particular – has performed better than most other property markets in South Africa over the same period.
We continue with the 4th quarter 2020 results of our FNB Commercial Property Broker Survey, which surveys a sample of commercial property brokers in and around the 6 major metros of South Africa, namely, City of Joburg and Ekurhuleni (Greater Johannesburg), Tshwane, Ethekwini, City of Cape Town and Nelson Mandela Bay.
The Industrial Property Market in 2021 is certainly not an easy one to predict. However, learning from the past year’s events gives us a good idea of what we can expect.
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