JSE-listed Real Estate Investment Trust and 50% owner of Fourways Mall, Accelerate Property Fund is pleased to announce the appointment of Mr Derick van der Merwe as an independent non-executive director to the board of the Company with effect from 1 February 2021.

Building the way forward in South Africa’s commercial property market.

Growthpoint Properties Limited (JSE: GRT) delivered 5.4% growth in revenue and R5.5bn in distributable income for its full-year to 30 June 2020.

Just nine months after launching to market, 63% of The Harri, a new 48-unit apartment block and mixed-use property development going up at 75 Harrington Street in Cape Town’s East City Precinct, has sold off-plan.

The Marina Residential Estate offers secure living in the heart of the city, and such is the allure of the lifestyle it offers, within walking distance of some of the best shops, restaurants and entertainment Cape Town has to offer, that six sales have been concluded worth R85.6 million in the estate for July (2020) alone.

Following the required pause during lockdown, construction has once again resumed on the Old Cape Quarter luxury mixed-use development, located at the popular Cape Quarter Precinct in De Waterkant.

The exact impact of COVID-19 on offices in South Africa is a key point of debate, but their relevance for the future of business isn’t - offices will continue to be an essential part of doing business during and post the COVID-19 pandemic.

Growthpoint Properties (JSE: GRT) reported distributable income growth of 2.2% to R3.2bn, an increase in dividends per share of 0.2%, and a 14.9% increase in group property assets to R160.2bn for its six-month period to 31 December 2019.

Growthpoint Properties has completed the R185m first-phase of its new industrial park development on KwaZulu-Natal’s major logistics and transport corridor.

Leading property developer and investor Atterbury has handed over the innovative fast-track R 150 million development of a new purpose-built showroom to car resale specialists WeBuyCars in the Western Cape.

Page 1 of 9

Most Popular

Investec Property Fund launches first REIT sustainability-linked ESG bond in Africa

Apr 22, 2021
Darryl_Mayers_CEO
Investec Property Fund (‘IPF’ or ‘the Fund’) today became the first South African real…

EPP’s new app takes tenant relations to the next level

Apr 22, 2021
Tomasz_Trzósło
Johannesburg Stock Exchange listed EPP, Poland’s biggest retail landlord, continues to…

Rethinking office space in post pandemic SA

Apr 20, 2021
90_Rivonia_results
Since the beginning of the pandemic, one of the biggest questions in real estate has been…

4 simple rules to getting a good credit score

Apr 21, 2021
Carl_Coetzee_BetterBond_CEO
Make buying your dream home an informed purchase by knowing your credit score.

Western Cape ripe with affordable housing potential

Apr 20, 2021
Tuhf_Hi_res24
The TUHF Western Cape regional team believes that even though COVID has had an impact on…

Please publish modules in offcanvas position.