Total returns from Growthpoint Properties Australian investment, Growthpoint Properties Australia (GOZ), have significantly outpaced the major Australian REIT and share market indexes.
Although relatively few Capetonians are aware of this further step in the campaign to limit their water consumption, the Cape Town City Council has just approved a range of amendments to the water by-laws.
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.
The South African division of leading independent global real estate consultancy, Knight Frank, has appointed John Jack as the new Chief Executive Officer.
Growth in the value of outstanding credit balances in the South African household sector (R1 574,0 billion) was relatively stable at 4,2% year-on-year (y/y) up to the end of May 2018 compared with 4,1% y/y at end-April as a result of little change in both secured and unsecured credit balances growth.
The upswing in consumer confidence in the first three months of 2018 was a welcome change from the depressed environment which overshadowed the last quarter of 2018.
JSE-listed EPP - the retail-focused Polish property play – announced first quarter results for the three months ended 31 March 2018 (“Q1”), showing distributable earnings increased 48% to €23.7 million and increased 9% on a per share basis to €2.98 compared to Q1 2017.
Accelerate Property Fund, the JSE listed REIT invested significantly in the growth and development of Johannesburg’s Fourways node, has announced its results for the year to 31 March 2018, reflecting a 57,56 cents per share distribution for the year, in line with guidance.
Attacq Limited (“Attacq” or “Company”) is pleased to announce that Melt Hamman has been appointed as CEO of the Company with immediate effect.

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