Cape Town – Spear REIT Limited  on Tuesday the 21st of November announced the acquisition of Northgate Island Corporate Office Park “Northgate Park” from Tremtrust 1 Trust comprising of 30% of block 1 and 100% of blocks 2, 3 and 4 of the property for R 313 000 000.

Private sector-financed building activity (see explanatory note) in the South African market for new housing showed continued diverging trends on specifically a segment level in the first eight months of 2018, which caused the planning phase of new housing to have improved whereas the construction phase has contracted over this period.

Balwin Properties, the JSE’s only national large-scale developer of turnkey sectional-title apartments and surrounding infrastructure aimed at the mid- to upper market segment, today reported strong financial growth for the interim financial period ending 31 August 2018.

JSE-listed Emira Property Fund will take a minority stake in JSE AltX-listed Transcend Residential Property Fund, furthering Emira’s stated strategy of expanding its investment in residential rental property.

With the rand regaining some ground and inflation surprising on the downside this week, existing and aspirant home buyers will be relieved at the Monetary Policy Committee’s decision today (20 September 2018) not to increase the repo rate, says Dr Andrew Golding, chief executive of the Pam Golding Property group.

Hotel Verde Cape Town, exceeds 95% percent waste management target.

South Africa is likely to exit its technical recession in the third quarter, the Bureau of Economic Research (BER) said on Tuesday.

Cape Town, 4 September 2018. South Africa’s top performing SA REIT Fairvest Property Holdings Limited (“Fairvest”) today announced solid results for the year to 30 June 2018, with annual distributions increasing by 9.91% to 20.150 cents per share. 

Property Point, the Growthpoint Properties initiative, has officially facilitated more than R1bn successful procurement opportunities for small businesses operating in South Africa’s property sector.

Growthpoint Properties today announced distribution growth of 6.5% per share for its full year to 30 June 2018 for investors, delivering a solid set of results that match its market guidance.

Page 1 of 26

Most Popular

Property market will trend positive in 2019, says Berry Everitt

Jan 09, 2019
BERRY EVERITT
“South Africa’s residential market is in for an interesting time in 2019, but our…

How to beat the January financial blues

Jan 09, 2019
RUDI BOTHA
No-one wants to default on their bond instalments or other account payments, but often in…

Texton’s shareholders cast clear vote against share repurchase, putting the REIT on a firmer footing

Jan 09, 2019
MARIUS MULLER
Shareholders of Texton Property Fund have voted against the repurchase of shares in terms…

Moody's affirms Nepi Rockcastle's BAA3 long-term credit rating and changes outlook to stable

Jan 09, 2019
ALEX MORAR
Moody's Investors Service has affirmed NEPI Rockcastle’s long-term credit rating and…

PKM Developments opens three new value centres in Central and Eastern Europe

Jan 09, 2019
BAIA MARE
In November and December 2018, PKM Developments, the joint venture between MAS Real…

Please publish modules in offcanvas position.