The weeks-long relentless heat wave hitting South Africa provides a direct contrast to what is happening to the rand: a tsunami.

Delta Africa Property Holdings acquires 50% stake in two A-grade Zambian retail properties anchored by multi-national tenants with dollar underpinned leases.

While SA's listed property index is set to come under pressure during the rest of the year‚ certain companies are standing out as top performers.

According to Catalyst Fund Managers, the yield to maturity on the Long Term Government Bond Index weakened by 5bps to end the month at 8.44% (8.39% - 31st August 2015).

According to Catalyst Fund Managers, the SA Listed Property Index (SAPY) recorded a positive return of 5.14% for the month ended July 2015.

Property fundamentals in SA remain challenging, but strong capital markets and lower yields for longer will be supportive of listed real-estate performance.

Rockcastle Global Real Estate Company raises R2bn through a significantly over-subscribed accelerated book build.

Rockcastle, through its subsidiary Gontar sp. z o.o., has concluded an agreement to acquire Galeria Handlowa, known as Solaris Centre in Opole, Poland at an initial yield of 7.7%.

Rockcastle Global Real Estate concludes its first acquisition in Poland.

JSE-listed Fortress Income Fund achieves a combined distribution growth of 19.64% to 92.96c‚ for the six months to December