Specialist logistics property fund, Equites, which develops and owns a high-quality portfolio of logistics properties in key locations in South Africa and the United Kingdom, raised R1.25 billion in the South African debt capital market today in a public auction of 1-year, 3-year, and 5-year senior unsecured floating rate notes.
JSE listed Balwin Properties, a developer that cares about environmentally responsible building practices and the delivery of high-quality apartments to its valued clients, reported continued strong demand for its unique lifestyle apartments despite losing three months’ construction time to Covid restrictions during the financial year ended 28 February 2021.
Investec Property Fund (‘IPF’ or ‘the Fund’) today became the first South African real estate investment trust (REIT) to issue a sustainability-linked bond.
TUHF Limited has secured a R700 million investment from Standard Bank through the bank’s Debt Capital Markets team.
The past decade has seen South African property developers and investors forge their way up the African continent and then pull back.
Ever since the tightening of credit rulings in the South African economy which followed on from the global financial collapse, self employed people (even those with flourishing businesses) have battled to qualify/be considered for bond finance.
McCormick Property Development celebrated the launch of its 66th development with the opening of Katale Square this week.
Shopper spending habits and how consumers purchase goods and services have changed significantly especially over the last few decades with the advent of cashless payment systems and contactless connectivity.
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