We believe that the 0.8% economic growth rate for 2018 as a whole was likely “property negative”, sustaining negative real growth in property values and total returns in single digits.
Tower’s subsidiary company, TPF International Limited has expanded the scope of its operations through the recent purchase of a prime industrial property in Croatia for €8 592 000.
Award-winning journalist, radio personalisty and author of Becoming Iman, Iman Rappetti, will be the Master of Ceremonies at the South African Property Owners Association (SAPOA) Annual Convention and Property Exhibition 2019.
Heartwood Properties, a commercial and industrial property developer listed on the 4 Africa Exchange, recently announced the appointment of Mr. Bernard Roy Seeff as the latest non-executive director to join the company’s board of directors and act as a member of their audit committee.
When it comes to property, the adage goes, “Position. Position. Position.” That’s why Broll Property Group is proud to take its position as Platinum Sponsor of the Africa Property Investment Summit & Expo 2018 (API 2018).It will be held in Sandton, Johannesburg, on the 20th and 21st of September.
Rising municipal rates and taxes is a hot-button issue - one that negatively affects, not only operating costs and gross rentals, but also makes demand on property management resources.
Stenprop, the UK multi-let industrial property investor, has acquired Estuary Court, an industrial estate in Newport, South Wales, from Storage Giant for £3.1 million, which reflects a net initial yield of 7.6%.
Investec Australia Property Fund (“IAPF” or the “Fund”) today announced the acquisition of an industrial property in Dandenong South, Melbourne for AUD 19 450 000 which represents an initial yield of 6.3%.
Amidst serious political turmoil, the South African property market ended 2017 on a better footing, with industrial property and flat rentals managing to outpace inflation.
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