As per the Cautionary Announcement issued today, Investec Property Fund (IPF) is finalising the acquisition of the remaining interest in the Pan European Logistics (PEL) platform from funds managed by the Real Estate Group of Ares Management Corporation (Ares) or its affiliates.

Nedbank’s facilitation of the Barloworld-Khula Sizwe transaction highlights the bank’s commitment to transformation in the commercial property sector.

The Eastern Cape Development Corporation (ECDC) has begun an eviction process of 45 tenants through an order of the court at its Butterworth residential and industrial properties.

Wednesday, 30 October 2019 11:56

Katlehong's first enclosed Mall opens

Moolman Group, in partnership with Twin City Developments and Vuno Developments, are proud to bring convenience to the township of Katlehong – with the opening of the much-anticipated Sam Ntuli Mall on 31 October 2019. 

"Amidst the tough trading conditions and the subdued performance of the real estate sector as a whole in South Africa, Spear should be one of a REIT investors go to stocks.''

Friday, 11 October 2019 10:09

Equites Property Fund Interim Results

Equites Property Fund Limited today announced distributable earnings for the six months to 31 August 2019 up 31.1% year-on-year.

Abland, one of South Africa’s leading property developers for over 30 years, together with its partners on the Irene Link development, Giflo and SOM will be breaking ground on the second phase of the commercial development at the Irene Link precinct in Pretoria, in October 2019. This 8,500m² commercial building will be ready for occupation in October 2020.

Commercial property development company, Heartwood Properties , has revealed a 30% increase in their portfolio value, and a 29% increase in net asset value at the end of their first year as a listed company on the 4AX (4 Africa Exchange).

Growthpoint Properties has posted results for the year to 30 June 2019 with distributable income growth of 5.3% and dividends per share up 4.6%, outperforming its market guidance marginally.

Abland, one of South Africa’s leading property developers for over 30 years, continues to break new ground in Centurion as it adds additional buildings to its Westend Office Park.

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