Retail industry on a recovery path as investors, developers commit to rebuilding
When unrest flared up in KwaZulu-Natal and Gauteng from 9 to 18 July 2021, ultimately resulting in 200 shopping centres being looted and/or damaged, with a R50 billion knock on the national gross domestic product, leading Pan-African professional real-estate services provider Broll Property Group knew it had to act quickly.
Pretoria represents great residential investment opportunities
Even though the COVID-19 pandemic has had an impact on the property market across South Africa, there are still significant investment opportunities to be had, especially in the residential sector.
Octodec delivers satisfactory first half performance in recessionary environment; prepares for COVID-19 impacts on full year performance
JSE listed REIT Octodec Investments Limited, today announced a satisfactory set of results for the half year to 29 February 2020, against a rapidly degrading economic environment which translated into a slight reduction in distributable earnings to 97 cents per share.
SA REIT publishes the second edition of its best practice recommendations for financial reporting
The SA REIT (Real Estate Investment Trust) sector has published the Second Edition of its Best Practice Recommendations to enhance the transparency and comparability of financial reporting by SA REITs.
Refreshed La Lucia Mall launches this October
La Lucia Mall is leading the way in aesthetically fresh, modern shopping experiences.
Eris Property Group appoints successive CEO Barend de Loor
Eris Property Group has appointed a new Chief Executive Officer (CEO). Barend de Loor will assume his new role at the property development, investment and services group as of 1 September 2019, succeeding long-standing CEO of 15 years, Warren Schultze.
SA REIT Association appoints Estienne de Klerk as new Chairman
Estienne de Klerk has been elected Chairman of the SA REIT Association, which represents the South African listed REIT (real estate investment trust) sector.
Construction industry urged to recommit to Code of Good Practice to solve current challenges
A group of construction industry stakeholders has urged the industry to return to basics in order to overcome its current challenges successfully.
In pursuit of sustained value creation, Redefine is implementing strategies to strengthen it’s balance sheet
Redefine Properties, which manages a diversified property asset platform of local and international investments, is relentlessly pursuing strengthening its balance sheet with a primary priority on right-sizing its asset footprint to its capital base in volatile global and local financial markets.
Sky City Mall opens and there’s more to come this year
The R155 million first phase of the new Sky City Mall, catering for the residents of Waterval, Palm Ridge and Kathlehong some 35km south east of Johannesburg in Gauteng’s Ekurhuleni Metro, is trading well since opening its doors to scores of shoppers on 18 April.
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