JSE listed REIT Octodec Investments Limited, today announced its annual results for the year to 31 August 2020, against a weakening economic environment exacerbated by the COVID-19 pandemic and subsequent lockdown.

Investec Property Fund Limited (IPF or the Fund) has announced a 33.9% decline in distributable earnings yoy to 46.87cps (H1 FY20: 70.93cps) primarily due to the impact of COVID-19 related concessions and tenant failures that affected investments largely in South Africa.

JSE-listed EPP, Poland’s biggest retail landlord, reported results for the six-months ended 30 June 2020 that reveal a business with increased operational resilience.

Redefine Properties (JSE: RDF) continues to advance its strategic priority of strengthening its balance sheet to offset the ongoing uncertainty and negative effects of the COVID-19 pandemic.

Redefine Properties (JSE: RDF) announced today that its competitive bidding process to sell its interest in Journal’s two student properties in Australia has been concluded at A$459 million.

London Stock Exchange listed Grit announced its intention to de-list from the JSE.

GoIndustry DoveBid SA (GoIndustry) is hosting another massive property auction on behalf of their long-standing client, Telkom.

Redefine Properties further enhances liquidity with sale of Strykow.

A joint venture company through affiliates of intu properties plc (‘intu’) and Canada Pension Plan Investment Board has exchanged contracts to sell intu Asturias shopping centre to the ECE European Prime Shopping Centre Fund II for €290.0 million (intu share €145.0 million).

After enduring a trying decade under the mismanagement and malfeasance of Jacob Zuma, South Africa enters the new year in a better place than 2019, economically and politically.