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Tower’s subsidiary company, TPF International Limited has expanded the scope of its operations through the recent purchase of a prime industrial property in Croatia for  €8 592 000.

RDI, the income focused UK-REIT, has agreed three new high quality lettings at two of its retail parks delivering an average uplift of 40% on gross annualised rents reported for the year ending 31 August 2018.

2018 was a challenging year for the South African property market, with negative real price growth in the residential property market and slowing market activity.

JSE-traded EPP, the pure Polish retail property fund, delivered a total return of 21% in 2018 to significantly outperform the market, making it the top performing listed property company of the year. This is a significant difference from the benchmark index (SAPY) total return of -25%.

No-one wants to default on their bond instalments or other account payments, but often in January and February, there just isn’t enough money to go around after a big holiday splurge in December.

Although the Camps Bay market has responded predictably to the prevailing socio-economic climate with lower sales volumes across the board, it has proven more resilient than most comparable areas this year with a 1.88% increase in the average house price and a diminishing gap between asking and selling prices.

One of South Africa’s leading office and industrial real estate consultancies, Knight Frank South Africa, has rebranded to Galetti Corporate Real Estate after concluding an investment deal with black-owned private equity business, Symmetry Capital Partners.

It was recently announced that South Africa is in a technical recession, and although it sounds daunting to buy a house during a recession, it might be the perfect time to do so.

In keeping with the group’s strategy of investing across the broader European market, shareholders are advised that MAS, through a subsidiary of PKM Investments S.á.r.l., has acquired the Atrium Mall shopping centre in Arad, Romania from Cosmovia Holdings Limited, a member of the well-known Demjan Group based in Hungary.  

Growthpoint Properties continues to grow internationally with a further ZAR908 million investment in Australia.