Estate board waives penalties for late audit submissions
The Estate Agency Affairs Board (EAAB) says it will not penalise estate agents who submit late audit records for the 2019/2020 financial year due to the COVID-19 pandemic.
Redefine strengthens its balance sheet and simplifies its asset platform with R2.3 billion divestment of RDI
Redefine Properties (JSE: RDF) continues to advance its strategic priority of strengthening its balance sheet to offset the ongoing uncertainty and negative effects of the COVID-19 pandemic.
Infrastructure development, including public-private partnerships, a key component in the Supplementary Budget 2020
Against the backdrop of ongoing measures to address the Covid-19 pandemic in South Africa, the Supplementary Budget 2020 highlighted several key aspects, says Dr Andrew Golding, chief executive of the Pam Golding Property group.
MBA North welcomes government’s infrastructure strategy but says implementation is critical
The Master Builders Association (MBA) North has broadly welcomed President Ramaphosa’s vision of massive infrastructure spending as the “flywheel” of South Africa’s recovery from the COVID-19 crisis.
Stor-Age Property REIT continues outperforming JSE indices with healthy dividend
JSE REIT Stor-Age, South Africa’s leading and largest self storage property fund, continued outperforming sector and JSE indices for the year to March 2020, with robust results and a 5% higher dividend of R1.12 per share reflecting the resilience of the self storage product.
Heartwood Properties reports encouraging results for the period ending February 2020
Encouraging financial results revealed by 4AX listed company Heartwood Properties Cape Town, 18 June 2020.
University of Fort Hare construction resumes
Following two months of hard lockdown, the development of a 2 047-bed student village at the University of Fort Hare (UFH) has resumed this week.
Redefine’s European logistics platform set to expand its footprint in Poland
JSE listed diversified real estate investment trust Redefine Properties (JSE: RDF) along with equity partners Madison International Realty and Griffin Real Estate in European Logistics Investment BV and in joint venture with its strategic development partner Panattoni Europe.
Covid-19 lockdown may have slowed the property market but early indications suggest recovery is likely
Initial predictions regarding the future of the residential property market as a result of the Covid-19 lockdown have painted a sombre picture: significant drops in house prices, more supply than demand, and people unable to afford their home loans.
Delta Property Fund renews record number of leases; distributable cash to be invested in R200 million/year capex programme and reduce debt
Delta Property Fund, a specialist black-managed and substantially black-owned REIT with a significant sovereign underpin, today reported results for the financial year ended 29 February 2020.
Most Popular
GMI Property Group adds a New Mall to its Stable: Bronkhorstspruit Mall
Equites Property Fund and Mabel conclude B-BBEE transaction
The growing take-away and fast food, and food delivery, culture
The rapidly rising cost of living is reflecting in residential rentals
Broad commercial property market softening expected due to ongoing and more rapid rate of interest rate hiking
eProperty News is a leading online commercial property marketplace serving the Southern African Investment, Office, Retail and Industrial property and allied sectors.