South African law firm Fluxmans has signed a long lease with Growthpoint Properties (JSE: GRT) for a 4,600sqm office in Illovo Corner, Illovo Boulevard, Johannesburg.

Texton Property Fund has secured leases over more than 10,000sqm of industrial space at its Hermanstad Industrial Park in Pretoria.

Indluplace Properties Limited (“Indluplace”), the largest, residential focused JSE-listed REIT, with a portfolio that provides affordable rental housing, today released its financial results for the six months ended 31 March 2019.

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.

Balwin Properties, the JSE’s only national large-scale developer of turnkey sectional-title apartments and surrounding infrastructure aimed at the mid- to upper market segment, today announced a strategic rental model initiative that will see it access its extensive land bank quicker and share in annuity rental and other income over the longer term. 

Delta Property Fund, a specialist black-managed and substantially black-owned REIT with a significant sovereign underpin, today reported flat results for the half-year ending 31 August 2018.

Equites Property Fund Limited today announced growth of 11.7% in its distribution per share for the six months ended 31 August 2018 to 68.12 cents, as well as a 49% growth in the fair value of its property portfolio over the corresponding period in August 2017, from R6.8 billion to R10.1 billion.

The fourth and final phase of the popular Willow Wood Office Park, developed by Heartwood Properties, in Fourways in Gauteng, is currently under construction and due for completion in March next year.

 The ABC of Rental Deposits possibly one of the biggest sources of contention between landlords and tenants surrounds the rental deposit.

As of Q2 2017, just over half of U.S. commercial leases tracked by MSCI were set to expire within five years.

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