Things at the country’s largest REIT by gross assets are not looking up. Growthpoint ended 2015 on a soft note after lopping off a fortune in investors’ funds. Figures from Catalyst Fund Managers are dispiriting from an investor’s angle.
Growthpoint Properties today announced it will be entering real estate investment in several African markets outside of South Africa.
Redefine International CEO Mike Watters believes the refocusing of the group's strategy to invest only in Germany and the UK has made its 2015 financial year a success.
Redefine Properties' prolonged effort to take over Fountainhead Property Trust collapses after the company failed to win over enough shareholder support.
Arrowhead, the JSE-listed property company, has concluded an agreement to acquire 34,5 million Dipula B linked units (comprising 22% of Dipula's B linked units) from Investec Asset Management.
With limited targets up for grabs in the market, many listed property groups are taking advantage of the cheap funding environment to restructure their debts and improve the quality of their existing portfolios.
Operating cost increases continue to have a negative effect on income growth in the commercial property sector.
After several years of strong price growth in the listed property sector, most property pundits believe we can expect slower — albeit solid — growth this year from listed property stocks. Nevertheless there are still major opportunities for investors who want an investment that offers a steady income stream.
Oasis Group Holdings, the asset management group, has recommended to clients with Fountainhead units not to accept Redefine’s proposed acquisition of the property unit trust
eProperty News is a leading online commercial property marketplace serving the Southern African Investment, Office, Retail and Industrial property and allied sectors.