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.
Accelerate Property Fund, the JSE listed REIT with significant exposure in the dynamic Fourways node in Johannesburg.
Emira Property Fund today announced that it is pioneering USA property investment for the South African investment market.
Westfield Group announces plans to split its international and Australian assets in a reshaping of its global empire designed to unlock more value for investors.
Although the United States has temporarily bought themselves a reprieve by extending the debt ceiling on its debt payments, the current precariousness of the western world’s economies is still creating uncertainty on a scale never before seen in his 19 years in property.
Despite the nine interest rate increases since mid-2006, South African property investors are sitting rather pretty compared to their American, British and European counterparts.
Increasing demand for prime property is pushing South African property capitalization rates close to 8.25% thereby mimicking the long-bond rates, but as long as there is potential for real earnings in the sector, explains JHI Real Estate chairman Les Weil, this should not cause concern.
The success of tilt-up construction at the Gateway development at Umhlanga Rocks has been recognised with a major international award.
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