Wednesday, 05 December 2018 19:24

SA exits technical recession in third quarter

South Africa has come out of a technical recession with the economy growing by 2.2% in the third quarter of 2018, said Statistics South Africa (Stats SA).

Fortress REIT Ltd., the diversified property group, today advised shareholders that its board of directors has identified suitable candidates to continue driving the business forward and ensuring continuity.

Indluplace Properties Limited, a JSE-listed REIT with a portfolio that provides affordable rental housing, today released its financial results for the year ended 30 September 2018.

JSE-listed diversified Real Estate Investment Trust (REIT) Redefine Properties’ (JSE: RDF) welcomed shoppers to the new revamped Benmore Centre, Sandton’s popular neighbourhood shopping destination when it officially opened during end August. Redefine had started work on the ZAR252 million refurbishment programme during late 2016 and was completed on schedule.

The Property Sector Charter Council today (11 July, 2018) released the results of its latest study: The South African Property Sector Economy Contribution.

Tuesday, 19 June 2018 14:07

A smart future for African real estate

Regarded as the continent’s premier gathering for key African policy makers, developers, corporates, and investors, the 9th annual Africa Property Investment (API) Summit & Expo will be held this year at the Sandton Convention Centre, Sandton Central, on Thursday 20 and Friday 21 September 2018.

The latest figures from the respected property analysts Lightstone bear out the bullish statements that he has from time to time made about the prospects for what is arguably the Cape Town Northern Suburbs’ most prestigious and popular suburb, Durbanville, said Rowan Alexander, Director of Alexander Swart Property, this week.

Indluplace Properties Limited, the first residential focused REIT listed on the main board of the JSE, today announced its interim results for the six months ended 31 March 2018.

A major dairy processing plant has recently been liquidated in South Africa. 

From 2000 to 2008 Nairobi’s added 72 000 square meters of retail real estate to East Africa’s largest commercial hub.

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