A creative approach to leasing deals is helping innovative landlords offset the challenges of high vacancies in an overstocked Nairobi office market, according to Broll Property Intel’s latest Kenya Office Market  Snapshot H1:2019 report.

Shareholders in JSE-listed REITs, Gemgrow Properties  and Arrowhead Properties ( gave their stamp of approval at their respective shareholder meetings on Thursday, 22 August 2019 to the reverse takeover of Gemgrow by Arrowhead, launching a R16 billion (including listed investments), South Africa-focused property fund.

Vukile Property Fund today announced that its listed Spanish subsidiary, Castellana Properties SOCIMI SA, has acquired the high-quality 30,000sqm Puerta Europa shopping centre in Algeciras, Cadiz, Spain.

There has been quite a buzz over the past few months regarding the Rental Housing Amendment Act, in the belief that a date will soon be set for the implementation of this new legislation, says Tobie Fourie, national rentals manager for the Chas Everitt International property group.

JSE-listed Accelerate Property Fund today reported financial results for the year ended 31 March 2019 in line with company guidance.

Wednesday, 10 April 2019 15:45

Kenya’s logistics market continues to grow

Kenya’s expanding economy has spurred the growth of its logistics property market with the economic hub of Nairobi experiencing a 15% year-on-year increase in new warehousing supply, Broll Property Intel’s latest Kenya Logistics Snapshot Report reveals.

Many point to online retail as a key challenge to the Retail Property Sector, and no doubt it is one of the challenges, as technology marches forth.

JSE listed Balwin Properties, South Africa’s largest turnkey sectional-title developer, today announced a rental transaction that will see Balwin Rentals (Pty) Ltd retain a right of first refusal to acquire 4 544 rental apartments to be developed by Balwin Properties.

Wednesday, 06 February 2019 13:27

Re-rating on the cards for SA REIT sector

South Africa’s real estate investment trust (SA REIT) sector is heading for a re-rating; the question is whether the sector will rally this year or next?

The SA REIT sector is set to deliver double-digit total returns to investors next year.

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