Vukile will launch its residential property strategy before the end of March next year as it looks to add diversification to its predominantly retail-focused portfolio.

Growthpoint Properties has shifted its focus to its own developments as it struggles to find reasonably priced new acquisition opportunities in the local property market.

New Europe Property Investments grows its recurring distributable earnings per share 24% year on year in the first half of this year, thanks to acquisitions and developments.