Real estate has long been a rewarding sector of the financial markets. Like all sectors, share prices and the underlying fundamentals of commercial property assets weakened in early 2020, as South Africa and the rest of the world came to grips with managing through the pandemic, with some sectors suffering more than others.
JSE-listed property company MAS Real Estate confirmed that the tranche of 41.7 million of its shares sold Friday 15 January 2021 for R500-million has been acquired for the benefit of the Mary Oppenheimer family interests, under the guidance of advisor Stockdale Street Ltd.
As the world begins to show signs of a return to normalcy, sustainability has become the rallying point for business strategy, commonly referred to as the ‘green recovery’.
Investec Property Fund Limited (IPF or the Fund) is pleased to announce H2 2020 earnings available for distributionof 75.7cps (H2 2019: 73.5cps) representing 3.0% year-on-year growth.
With her wealth of financial and property sector experience, Joanne Solomon has been appointed as the first CEO of the SA REIT Association.
It is with great sadness that the SA REIT sector mourns the passing of property maverick Marc Wainer.
Marc Wainer, founder, former Chairman and CEO of Redefine Properties, who started his career working in his parents' grocery and fish shop in Yeoville and went on to build one of the country’s largest and diversified Real Estate Investment Trust (REIT) listed on the JSE passed away earlier today at the age of 71.
CNBC Africa Anchor, Award Winning Journalist & internationally acclaimed conference facilitator, Nozipho Mbanjwa, will be the Master of Ceremonies at the 2020 South African Property Owners Association (SAPOA) Annual Convention and Property Networking.
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