JSE-listed diversified real estate investment trust Redefine Properties continues to expand into the exciting Polish market with the acquisition of a 95% share for €185.8 million (R2.9 billion) in a portfolio of nine operating logistics properties located throughout Poland.

Tuesday, 19 June 2018 14:07

A smart future for African real estate

Regarded as the continent’s premier gathering for key African policy makers, developers, corporates, and investors, the 9th annual Africa Property Investment (API) Summit & Expo will be held this year at the Sandton Convention Centre, Sandton Central, on Thursday 20 and Friday 21 September 2018.

In the real estate industry, the right location is key, which is why Deloitte Africa chose Waterfall City as the ideal location for its new Africa head office.

A technical recession and low investor confidence has produced a seven-year investment low in the commercial property market.

JSE-listed diversified Real Estate Investment Trust (REIT) Redefine Properties (JSE: RDF) has bolstered its liquidity and began a process to refine its international holdings following an agreement to sell a 19.5% stake in Australia-listed Cromwell to Singapore-based ARA Asset Management Limited.

A decade after the global financial crisis, the Royal Institution of Chartered Surveyors (RICS) Investment Risk Forum (IRF) - which comprises more than 40 of the world’s most influential real estate investors - has found that diminishing returns are driving real estate investment diversification.

JSE-listed diversified real estate investment trust Redefine Properties has delivered another solid performance after increasing its distribution by 7.5% to 44.82 cents per share for the six months to 28 February 2017.

Actis, a leading emerging markets investor, RMB Westport, a notable sub-Saharan Africa real estate investment management and development group and Paragon Holdings, a leading Nigerian investor group today confirm the sale of Ikeja City Mall to South African Real Estate Investment Trust (REIT), Hyprop Investments Limited (Hyprop) and Attacq Limited (Attacq), a JSE-listed real estate capital growth fund.

Tongaat Hulett will release 42 of the remaining 62 hectares of Ridgeside, its iconic development on Umhlanga Ridge,to the market as a single transaction in the first quarter of 2014. 

South Africa's foremost financial services company, FirstRand Limited has disclose plans to invest proceeds of its $250 million fund raising exercise across major West and Southern African real estate markets - particularly Nigeria, Ghana and Angola.

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