The weeks that followed the hard lockdown at the end of March have been inconceivable for retailers.

JSE REIT Stor-Age, South Africa’s leading and largest self storage property fund, continued to outperform the sector, delivering a strong performance for the six months ended September 2020.

Investec Property Fund Limited (IPF or the Fund) has announced a 33.9% decline in distributable earnings yoy to 46.87cps (H1 FY20: 70.93cps) primarily due to the impact of COVID-19 related concessions and tenant failures that affected investments largely in South Africa.

South-African focused JSE-listed diversified REIT, Dipula Income Fund, today announced results for the year ended 31 August 2020 against a backdrop of substantial economic headwinds, exacerbated by Covid-19 (or “the pandemic”) related lockdown measures (“the lockdown measures”.)

By late-2019, all 3 major provinces had seen the rental payment performance of their Commercial Property tenant population slide mildly from highs reached a few years prior.

Wednesday, 28 October 2020 10:19

Mini-budget: A tough balancing act

Finance Minister Tito Mboweni faces a tough juggling act this afternoon, when he presents the 2020 Medium Term Budget Policy Statement (MTBPS) in Parliament.

As the country emerges from COVID-19-related lockdowns, the hard lockdown having been in April and May 2020, high frequency data points to quite a lengthy road back to “full” recovery for the economy.

During the third quarter of 2020 (Q3 20), South Africa’s COVID-19 lockdown moved from Alert Level 3 through to Level 1.

If there is one thing property investors in Africa can be certain of during the Covid-19 pandemic, it is that nothing is 100% certain.

Old Mutual Property and serial retail entrepreneurs Paul Simon, of Young Designers Emporium fame, and Arie Fabian, best known for building the Fabiani brand, have collaborated to reimagine retail.

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