Redefine Properties (JSE: RDF), which has increased its distribution for the six months ended 28 February 2019 by 4.0% to 49.2 cents, continues to build a solid platform for sustained growth and value creation despite ongoing economic and political uncertainty.

Thursday, 16 May 2019 22:47

Mozambique is a Buyer’s market

Building off MozamReal’s successful debut in 2018, this year’s edition is attracting significant attention from local and regional investors and developers.

Investec Australia Property Fund (IAPF or the Fund) is pleased to announce a final distribution of 5.18 cents per unit (cpu) pre-withholding tax (WHT) and 4.75 cpu post-WHT (2018: 5.08 cpu pre-WHT and 4.65 cpu post-WHT).

With experiential retail being one of the hottest trends in the retail and shopping centre industry right now, the South African Council of Shopping Centres (SACSC) commissioned a research report to get insight into the growth of experiential retail in the local mall marketplace.

Brainworks – a Mauritian-based JSE-listed holding company with a Zimbabwean hotel and real estate investment portfolio –– released annual results for the year ended 31 December 2018, reporting revenue up by 35% to US$79.3 million from US$58.6 million in the prior year.

While elections are just days away, the rand has remained relatively unresponsive to local elements ranging from politics to economic data.

Growth in the value of outstanding credit balances in the South African household sector.

JSE-listed EPP successfully completed an equity raise of ZAR 1.45 billion equating to approximately EUR90 million. The Polish retail company will use the equity to fund tranche 2 of its M1 portfolio transaction.

Much in line with developments in 2018, private sector-financed building activity (see explanatory note) in the South African market for new housing showed divergent trends in early 2019, based on data released by Statistics South Africa.

Long the unassuming and often overlooked wallflower of the Southern Suburbs, Plumstead has been attracting growing investor interest in recent years, especially since the bubble burst three years ago.

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