Vukile Property Fund (JSE: VKE), the leading retail REIT (real estate investment trust), has commenced the strategic upgrade of Daveyton Mall in the Ekurhuleni Metro, Gauteng.

The 1st Quarter 2021 FNB Commercial Property Broker Survey component that surveys broker perceptions of buying/selling market activity by major commercial property class, continued to show rising activity ratings in all 3 classes, i.e. the Industrial, Retail and Office Property Classes.

Attacq Limited, the JSE listed REIT developing Waterfall City and Waterfall Logistics Hub, is proud to announce that Australian retail group, Cotton On, will build its new South African Campus within Waterfall's Logistics Hub.

FNB Commercial Property Finance held its Quarterly Property Market briefing today and the focus was on key Retail Property themes.

The humble convenience centre, mostly nestled in midst of the rows of houses in burgeoning suburbs has emerged as the most resilient format in an industry that went through a collective event without precedent in modern retail.

Johannesburg Stock Exchange listed EPP (JSE: EPP), Poland’s biggest retail landlord, reported results for the year ended 31 December 2020 with distributable earnings reaching €5.56 cents per share, exceeding its guidance of between €4.75 and €5.25 cents.

Thrift By Flav opened in the Mall of Africa in Waterfall, becoming the first thrift store to open in a super-regional mall in South Africa. 

Hyprop, the retail-focused REIT with a R45.4 billion portfolio of shopping centres in South Africa, Eastern Europe and sub-Saharan Africa, improved its distributable income by 18% in the six months to 31 December 2020 compared with the six months to 30 June 2020.

Monday, 22 February 2021 15:19

Redefine well positioned for upward cycle

JSE-listed REIT, Redefine Properties, says its balance sheet is in a stronger position than it was before the COVID-19 pandemic struck and that it should be well-positioned to take advantage of opportunities by the end of the financial year in August. 

With the news recently in that Eskom will be hiking electricity tariffs by 15.63% from April, commercial and retail tenants will be bracing for increased strain on already tightly stretched budgets.

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