Cape Town, 4 September 2018. South Africa’s top performing SA REIT Fairvest Property Holdings Limited (“Fairvest”) today announced solid results for the year to 30 June 2018, with annual distributions increasing by 9.91% to 20.150 cents per share. 

Property Point, the Growthpoint Properties initiative, has officially facilitated more than R1bn successful procurement opportunities for small businesses operating in South Africa’s property sector.

Growthpoint Properties today announced distribution growth of 6.5% per share for its full year to 30 June 2018 for investors, delivering a solid set of results that match its market guidance.

Africrest Properties intends to be one of the top 10 largest residential middle-income landlords in Gauteng within the next 5 years.

Properties in security estates have become increasingly sought-after in recent years, providing a sense of safety and tranquillity that can be difficult to find in freehold neighbourhoods.

Heartwood Properties, born out of a successful joint venture between Gauteng property developers, Brydens Group and Montagu Property Group, is the first property company to list on the new 4 Africa Exchange (4AX).

Mace has released its latest tender cost update for Sub-Saharan Africa, showing mixed performances for the region’s two most prominent economies.

The opportunity to obtain 10% yields across different sectors has made Francophone Africa attractive for Cornet compared to Europe.

Nick Riley to assume broader leadership role within Investec Bank Limited (“IBL”), with Andrew Wooler and Darryl Mayers taking over as joint CEOs of the Property Fund, effective 1 December

Intu Properties-Interim results for the six months ended 30 June 2018 winning destinations drive a resilient performance in a challenging market.