Vukile Property Fund CEO Laurence Rapp says his fund is on track to have more than 90% of its portfolio in top quality retail assets, and to receive a rerating.

A 3000 square metre, low-rise, sectional title office development designed to meet the demand of owner occupiers wanting their own smaller buildings with their own corporate identity are under construction at Century City.

Developing Africa’s first purpose-built aerotropolis, with its nucleus being Dube TradePort, home to King Shaka International Airport, is significantly impacting on north coast property patterns as the ease of access prompts investors to acquire second homes in the region.

The Pivotal Fund Limited (‘Pivotal’), a development focused investment fund, today reported strong growth for the financial year ended 29 February 2016 with a 23.91% increase in net asset value per share to R22.80, excluding deferred tax.

Located around the Gillooly’s Interchange, the intersection of the N3 Western Bypass and the R24 (Johannesburg CBD to O.R. Tambo International Airport), Bedfordview and Bruma is an attractive office node to tenants looking for affordable rentals.

Today, First National Bank (FNB), the Kavod Trust and Councillor Moeng, Member of the Mayoral Committee, officially opened FNB’s new regional offices in the Central Business District (CBD) of Bloemfontein.

Investec Property Fund announced a full year dividend of 124.66 cents per share for the year ended 31 March 2016.

JSE diversified REIT, Dipula Income Fund, continued to weather the tough economy to post growth of 13% in distributable earnings and 7,1% in distributions per combined share for the six months to February 2016.

Delta Africa (formerly Delta International), the first multi-listed property fund to offer international property investors direct access to immediate high growth opportunities on the African continent outside of South Africa, today announced solid interim quarterly results for the nine months ended 31 March 2016.  

The sluggish economy and declining employment over the past few years have prompted an increasing number of people to start their own businesses as a way of earning an income, and the latest available statistics indicate that at least 10% of SA’s working adults are now self-employed.