Growthpoint Properties today announced it will subscribe for an initial 26.9% stake in London Stock Exchange Alternative Investment Market listed Globalworth Real Estate Investment Limited, the largest owner of office space in Romania.

Nedbank today announced that it has committed to investing R1bn into a new mixed-use office and retail development in Umhlanga, KwaZulu-Natal, which is currently under construction.

Stenprop Limited (“Stenprop”), a UK based property fund listed on the JSE’s Main Board and the Bermuda Stock Exchange, announces its interim results for the six months ended 30 September 2016.

Despite the well worn office mantra of group work being central to success, businesses often struggle to offer effective collaborative spaces according to Inspiration Office, an Africa-wide office space and furniture consultancy. 

Eris Property Group a leading property investor and developer in South Africa, with their development partners, Accessio, Intersite & PRASA has designed the prime destination park to provide 90,000sqm of modern business space.

The South African Institute of Black Property Practitioners (SAIBPP) has honoured Growthpoint Properties for demonstrating outstanding commitment to the transformation in the property sector.

“Construction is underway on FWJK’s latest office and retail tower in Illovo,” announced Rhys Rocke, regional director of the developer FWJK Developments.

The Commercial Property Market has been seeing its average capital growth slowing in recent times, driven by economic growth weakness and interest rate hiking of recent years.

Cape Reit Spear Reit becomes the first Western Cape region-specific property fund to list on the JSE.

JSE diversified REIT, Dipula Income Fund, continued its distribution growth trend despite the challenging property market, with an 8% increase year-on-year to 185,97 cents a share for the year to August 2016 off the back of mainly organic growth.