Stor-Age delivers robust operating and financial performance for the 2024 financial year
JSE REIT Stor-Age continued its track record of consistent earnings growth delivering an excellent set of trading results for the year ended 31 March 2024.
Significant moment in streamlining Equites' prime logistics portfolio
Equites Property Fund Limited announced results for the 2024 financial year, highlighting DPS of 131.12 cents, at a 100% pay-out ratio, in line with market guidance.
Enhanced portfolio performance boosts Dipula Income Fund’s first half
Dipula Income Fund (JSE: DIB) delivered a healthy set of results for the six months to 29 February 2024, reporting improved operational and financial metrics, as well as strategic gains in a period that marked the first phase of its new solar photovoltaic initiative roll-out.
Growthpoint Student Accommodation REIT thrives, adding R1.5bn of assets in two years
Two years since launching, Growthpoint Student Accommodation REIT has introduced R1.5bn in new investment to this alternative property sector, added 4,000 new beds for students and created a strong pipeline of future developments.
Exemplar REITail launches first development in the Eastern Cape
Rural retail owner and asset manager, Exemplar REITail, launched its first development in the Eastern Cape with the opening of KwaBhaca Mall in Mt Frere at the end of October.
IFC Partners with Growthpoint Properties Ltd. to Support Green Buildings in South Africa
To promote more sustainable and resource efficient buildings in South Africa, IFC today announced an investment in a green bond issued by Growthpoint Properties Limited that will help the company finance energy and water efficiency improvements in its existing commercial properties.
Emira’s signs major deal with international contact centre at Newlands Terraces in Cape Town
Office occupancies in Cape Town and Durban could well be seeing an upswing – welcome news in markets that have suffered from rising vacancies in the wake of corporate downsizing and restructuring in the wake of the COVID-19 pandemic.
Emira proposes acquiring Transcend’s entire share issue with a firm offer
Emira Property Fund has proposed a general offer to Transcend Residential Property Fund shareholders to acquire all the shares in Transcend that Emira doesn’t already own.
Vukile’s Spanish subsidiary Castellana Properties acquires a 22% stake in Lar España
Vukile Property Fund’s (JSE: VKE) 88% held Madrid-listed subsidiary, Castellana Properties Socimi, has acquired a 21.7% shareholding in its market peer Lar España Real Estate Socimi.
Redefine making headway following its announcement to acquire balance of EPP shares
Redefine Properties today announced that it proposes to make a share-for-share offer to acquire all the remaining shares in EPP it does not already own (excluding the shares held by IGroup).
Most Popular
One of Cape Town’s most iconic historic properties is for sale for the first time in many years.
How to make your offer stand out in a competitive property market
The Cultural Blueprint: How to Make Your Office Not Just Look Good, But Feel Right
eProperty News is a leading online commercial property marketplace serving the Southern African Investment, Office, Retail and Industrial property and allied sectors.