A creative approach to leasing deals is helping innovative landlords offset the challenges of high vacancies in an overstocked Nairobi office market, according to Broll Property Intel’s latest Kenya Office Market  Snapshot H1:2019 report.

Shareholders in JSE-listed REITs, Gemgrow Properties  and Arrowhead Properties ( gave their stamp of approval at their respective shareholder meetings on Thursday, 22 August 2019 to the reverse takeover of Gemgrow by Arrowhead, launching a R16 billion (including listed investments), South Africa-focused property fund.

Iulius Town Timisoara, developed by the joint venture of Atterbury Europe and dominant Romanian real estate name Iulius, will open on 30 August 2019 to become western Romania’s first mixed-use development and the largest real estate investment in the region.

A few months on from the May general election, a somber mood is once again settling in in the country, and one senses that there is a feeling that structural policy reforms that had been hoped for under a new presidency are not easily going to be forthcoming.

Emira Property Fund has reported a 3.1% increase in distributions for its financial year ended 30 June 2019, delivering on its market guidance and continuing its dividend growth for the second consecutive year following its successful turnaround.

Wednesday, 14 August 2019 15:46

Fairvest withdraws bid to merge with Safari

Fairvest Property Holdings Limited  today announced that it has elected, by mutual agreement, to not proceed with its friendly merger with Safari Investments RSA Limited.

The laborious bond application process is even more painstaking for the self-employed and it’s critical that these buyers take the time beforehand to familiarise themselves with exactly what is required and the criteria to be met as applications can easily be delayed - or even declined - due to simple omissions or errors.

“Never conclude a person by his present status because time has the great power and ability to change a useless coal into a valuable diamond” ~ Punita Sah.

Growthpoint Investec African Properties (GIAP), the pan-African real estate investment business managed by Growthpoint Investec African Property Management, has advanced the execution of its strategy to aggregate a quality portfolio of prime income-producing commercial assets in select cities across Africa.

Tuesday, 06 August 2019 11:50

Maximise rental returns in a tough market

Being a landlord can be just as challenging as managing any other business and, in a slow market where stock outnumbers prospective tenants, its especially important to have a thorough understanding of the current rental market and to take a hard, objective look at your property.

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