Rebosis Property Fund, the JSE’s first listed black-managed REIT, today reported its results for the year ended 31 August 2019.
Increased over the past two years, contributing to excess supply predominantly in the upper-ends of the property market.
PRASA hereby invites proposals from potential tenants to lease and develop/upgrade properties from its different regions:
Millennials in South African have purchased homes in great numbers in recent years. According to statistics supplied by property group Lightstone, almost 330 000 millennials bought homes in South Africa between 2015 and 2017 and 70% of them were first-time homebuyers.
The opening of the largest Virgin Active health club in the Eastern Cape – a modern, R100-million, raised health and fitness space – signifies the culmination of a two-year upgrade of Port Elizabeth’s iconic Greenacres Shopping Centre precinct.
AS the Eastern Cape’s largest shopping and entertainment centre, Baywest Mall, marks its second birthday this month (May 21), its performance for owners Rebosis Property Fund suggests consumer appetites for super-regional malls are far from waning.
The Green Building Council South Africa (GBCSA) has announced that the Fourleaf Estate residential development in Port Elizabeth is the first residential project in Africa to meet the EDGE resource-efficiency standard and receive EDGE final certification.
Rebosis Property Fund, a JSE listed Real Estate Investment Trust (REIT) whose strategy is directed toward dominant retail malls and which recently internalised its management team, has reported net property income growth of 74,6% for the six months ended 28 February 2017.
SVA International Architects are nearing completion of the mammoth two-year, R420- million upgrade of the Green Acres Shopping Centre.
New inner-city project will see the revamp of Vuyisile Mini Square in front of the Port Elizabeth City Hall linked to the overall facelift of the Baakens River Valley precinct.
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