Since the adoption of real estate investment trust dispensation in SA, the listed property sector and associated industries have benefited from unprecedented growth.
Growthpoint Properties CEO Norbert Sasse is concerned about the extent of the negative effects that a looming sovereign credit ratings downgrade will have on SA’s economy.
Student residence provider Respublica has plans to provide 20,000 beds by 2020 as it looks to fill the educational housing gap left by the state.
More South African-listed property funds are looking to Australia for offshore expansion because of its better finance costto-yield spread.
Investors must be circumspect when it comes to investing in new off shore property companies that are listing on the JSE.
Rockcastle Global Real Estate Company, which on Wednesday released results for the 12 months to March 31, says it has identified a number of sites in three African countries for direct property investments.
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