With inflation still within the target range, but with concerns following a round of fuel price increases and other potential inflationary impacts, as was anticipated, the Monetary Policy Committee kept the repo rate unchanged following this week’s meeting, says Dr Andrew Golding, chief executive of the Pam Golding Property group.

Wednesday, 25 July 2018 12:01

Changes to the board

Further to the announcement on 15 December 2017, in which Greg Clarke advised of his intention to step down as Chairman of the Board, RDI, the FTSE 250 income-focused UK-REIT, is pleased to confirm the appointment of Gavin Tipper as the Company’s new Chairman, with effect from 24 July 2018.

Liberty Two Degrees (“L2D”), a premier retail and South African focused REIT, today released its interim results for the six months ended 30 June 2018, declaring a half-year distribution of 29.31 cents per unit.

Growthpoint Properties (Share Code: GRT) shares began trading onA2X today as it became the first property company and tenth counter to join the exchange with its secondary listing.

Mauritius Grit, the only listed Africa focused distribution group to offer international property investors direct access to immediate high growth opportunities on the African continent outside of South Africa, announced today that it will officially seek approval from the UK Listing Authority to proceed with its listing on the main market of the London Stock Exchange (LSE).

Total returns from Growthpoint Properties Australian investment, Growthpoint Properties Australia (GOZ), have significantly outpaced the major Australian REIT and share market indexes.

JSE listed diversified Real Estate Investment Trust (REIT) Redefine Properties remains firmly focused on delivering customised solutions in the industrial property sector despite constrained economic conditions.

JSE-listed diversified real estate investment trust Redefine Properties continues to expand into the exciting Polish market with the acquisition of a 95% share for €185.8 million (R2.9 billion) in a portfolio of nine operating logistics properties located throughout Poland.

Durban-based industrial property development giant, Shree Property Holdings, has made a bold R220 million entry into the South African commercial market, launching an upmarket, ultra-modern '4-star green-rated' office complex in the heart of the desirable Ridgeside Precinct on Umhlanga Ridge, and is poised to take KwaZulu-Natal's commercial property development to a new level.

Sandton is seen as South Africa’s most important business and financial hub.

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