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.

Cape Town’s highly publicised water shortage has caused more than just the dams to dry up.

In a groundbreaking move, Growthpoint Properties has successfully taken a sizeable South African commercial building completely off the municipal water grid.

JSE listed diversified Real Estate Investment Trust (REIT) Redefine Properties remains firmly focused on delivering customised solutions in the industrial property sector despite constrained economic conditions.

While the number of international buyers in residential property in South Africa remains relatively low, at somewhere in the region of three percent nationally, investors from elsewhere on the continent – including returning expats - retain their appetite for the acquisition of South African real estate for a variety of reasons.

Are you running a small business that serves the property industry in or near Western Cape? Are you looking for the support of an accelerator programme to grow your business and get access to market opportunities?

“Spear’s assets under ownership of its core portfolio have increased 117% since the start of the 2018 financial year. The strong performance of the core portfolio stands testament to the value investing nature of management and ability to actively manage assets that generate yield-enhancing returns for shareholders” – CEO Mike Flax.

Atterbury, the leading South African property developer, has completed the refurbishment of Trumali House, Stellenbosch, into modern multi-tenant A-grade offices with 3,500sqm of space.