The Pivotal Fund, a development focused Investment Fund, is pleased to announce that it has purchased a 45% share in S&J Industrial, a 160 hectare (1.6 million m²) prime industrial parcel of land located in Germiston, Johannesburg.

South Africa’s retail sector remains attractive to property investors, including individual buyers seeking niche opportunities such as neighbourhood convenience centres, says Elton Holland, director of Ikon Property Group.

Delta Africa Property Holdings acquires 50% stake in two A-grade Zambian retail properties anchored by multi-national tenants with dollar underpinned leases.

Specialist industrial property developer and landlord, Equites Property Fund, announced total distributions to shareholders of 45.42 cents per share for the 6 months ended 31 August 2015, 11.5% higher than the corresponding financial period, on an adjusted 6 months basis, and exceeding the pre-listing forecasts by 4.7%.

Investec Australia Property Fund announced a $26.0 million acquisition in one of Perth’s core industrial suburbs, taking the value of the Fund’s total portfolio to $405.5 million.

Capital Property Fund and Fortress Income Fund merger gets tribunal approval.

Texton Property Fund agrees terms to acquire Truworths Property and The Grid Property for R295 million. 

SA Corporate has entered into agreements with the Casilli Group to acquire 50% of the shares and claims in Graduare Mauritius, Ancona Mauritius Limited and Premier LM&C Mauritius, collectively in order to indirectly acquire a 50% interest in a portfolio of three properties located in Zambia, for an aggregate acquisition value of USD46.7 million equivalent to approximately R635.1 million at a blended property yield of 8.73%.

Arrowhead Properties acquires Port Elizabeth retail and office property, Cleary Park, for R460m.

JLL’s latest thought leadership research paper ‘Spotlight on Africa: Opportunity on the Horizon’ explores the investment potential of hotels in Africa, and notes a significant improvement over the past decade, though it is not without its challenges.