The past decade has seen South African property developers and investors forge their way up the African continent and then pull back.

A retail jewel is rising steadily in Cameroon’s capital of Douala, with planned completion now less than a year away.

Izandla Property Fund  announced the completion of the development of a new logistics warehouse and offices measuring 17,020m² for the Wax Division of Sasol Chemicals, located in the Sasol ChemCity Eco-Industrial Park in Sasolburg, Free State.

Equites Property Fund Limited today announced growth of 11.8% in its distribution per share for the year ended 28 February 2019 to 138.43 cents, along with robust growth in the NAV per share of 10.2% to R16.92.

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.

McCormick Property Development (MPD) commenced work on its iconic “Mall of Tembisa” in the first week of April.

Listed real estate investment trust (REIT) Redefine Properties (JSE: RDF) continues to weather challenging economic conditions by building a robust asset platform to sustain and nurture organic growth, both at home and abroad.

The inflow of imports, most consumer goods, is contributing to increasing demand for storage, logistics and warehousing services in South Africa, and a clear correlation is visible in the trend of wholesale and retail trade sales in comparison to imports.

With all development rights in place, civil construction on the much awaited Ntshongweni Urban Development will commence in early 2019.

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