JSE-listed diversified Real Estate Investment Trust (REIT) Redefine Properties’ (JSE: RDF) welcomed shoppers to the new revamped Benmore Centre, Sandton’s popular neighbourhood shopping destination when it officially opened during end August. Redefine had started work on the ZAR252 million refurbishment programme during late 2016 and was completed on schedule.

JSE specialist shopping centre REIT, Hyprop, continued delivering strong growth in a tough economy with a total dividend per share of 756,5 cents for the year to June 2018, which was 8,8% higher than last year.

Wednesday, 25 July 2018 12:01

Changes to the board

Further to the announcement on 15 December 2017, in which Greg Clarke advised of his intention to step down as Chairman of the Board, RDI, the FTSE 250 income-focused UK-REIT, is pleased to confirm the appointment of Gavin Tipper as the Company’s new Chairman, with effect from 24 July 2018.

In a groundbreaking move, Growthpoint Properties has successfully taken a sizeable South African commercial building completely off the municipal water grid.

Growthpoint Properties (Share Code: GRT) shares began trading onA2X today as it became the first property company and tenth counter to join the exchange with its secondary listing.

Mauritius Grit, the only listed Africa focused distribution group to offer international property investors direct access to immediate high growth opportunities on the African continent outside of South Africa, announced today that it will officially seek approval from the UK Listing Authority to proceed with its listing on the main market of the London Stock Exchange (LSE).

JSE listed diversified Real Estate Investment Trust (REIT) Redefine Properties remains firmly focused on delivering customised solutions in the industrial property sector despite constrained economic conditions.

The global sell-off of in emerging markets, an intractably weak domestic economy, an oversupply of business space, and a focus on the quality of earnings are all set to be major drivers of the SA REIT sector in the second half of 2018.

Growthpoint Properties has renewed four leases with Scania, extending its relationship with the global company that offers sales of trucks, buses, and services in more than 100 countries.

Monday, 25 June 2018 16:49

Waterfall Wins Big at SAPOA Awards

Attacq Limited, (Attacq), the JSE listed property company developing Waterfall City and Waterfall Logistics Hub took home two prestigious awards at this year’s South African Property Owners Association Awards for Innovative Excellence.

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