“Spear has delivered distribution growth of 10,09% in a very tough economic environment. In a less than optimal operating environment the strong performance of the core portfolio is testament to its high-quality nature and reinforces management’s strategy of being regional focused and close to its assets” – CEO Quintin Rossi

PRASA hereby invites proposals from potential tenants to lease and develop/upgrade properties from its different regions:

JSE specialist shopping centre REIT, Hyprop, will continue to invest in ongoing organic growth through further development of its local centres in order to capitalise on global retail and consumer trends.

With inflation currently below the mid-point of the Reserve Bank’s inflation target and economic growth remaining sluggish, the Monetary Policy Committee kept the repo rate steady at 6.75%, as expected.

One thing is certain, apart from the overall inflationary impact, the spiralling cost of fuel directly impacts on the demand for conveniently situated, sectional title property in key economic hubs – close to the workplace, schools and all amenities.

Fairvest Property Holdings Limited today again announced solid results for the six months to December 2018, with interim distributions increasing by 8.3% to 10.616 cents per share. 

Levels of building activity in the South African market for new housing remained subdued in 2018, which were much in line with trends since 2010 after the economy emerged from recession in 2008/09.

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.

Page 3 of 28

Most Popular

Bentel Associates International scoops two awards at The African & Arabian Property Awards 2020

Oct 06, 2020
Marriott Hotel
The African Property Awards is a novelty awards scheme instituted to recognize and…

Inospace acquires its 26th business park

Oct 06, 2020
Rael Levitt
The record-low interest rate and favourable lending environment has spurred Inospace, a…

Unprecedented buying activity in East London and Port Elizabeth housing markets

Oct 06, 2020
PE Sardinia Bay  smallholding
Since June this year, residential property sales have escalated in the Eastern Cape hubs…

Redefine restructures Mall of the South put arrangement

Oct 06, 2020
Andrew Konig CEO Redefine
JSE listed diversified real estate investment trust Redefine Properties is pleased to…

Minister to Address Social Housing Investment Seminar

Sep 29, 2020
Lindiwe Sisulu
Minister of Human Settlements, Water & Sanitation, the Honourable Lindiwe Sisulu will…

Please publish modules in offcanvas position.