Growth in trading density (sales per square metre) in 2018 at monitored shopping centres in South Africa and Namibia continued to improve after a lacklustre 2017, according to a retail property barometer.

Fairvest Property Holdings Limited today again announced solid results for the six months to December 2018, with interim distributions increasing by 8.3% to 10.616 cents per share. 

Strong December retail trade was recorded by the Flanagan & Gerard Property Development & Investment portfolio of shopping centres, with its top performing mall growing turnover by 18%.

Four property industry experts share their insight into thriving in the property investment arena.

South Africans invested in Polish retail property are well positioned to benefit from the country’s growing consumer spend and the popularity of mall shopping among Poles.

Moody's Investors Service has affirmed NEPI Rockcastle’s long-term credit rating and senior unsecured rating at ‘Baa3’ and changed the outlook from positive to stable.

Vukile Property Fund today reported 7.5% growth in dividends to 78.1 cents per share for its half-year to 30 September 2018, which is well in line with its full-year guidance.

On 4 October 2018 a consortium comprising the Peel Group (‘Peel’), the Olayan Group and Brookfield Property Group (together the ‘Consortium’) announced they were in the preliminary stages of considering a possible cash offer for intu.

NEPI Rockcastle updates the valuation of its property portfolio in June and December each year. Fair value is determined by external, independent professional valuers with appropriate and recognised qualifications, and recent experience in the locations and category of properties being valued.

Page 1 of 4

Most Popular

Balwin announces 4 544 rental apartment deal, Unique design & architecture to disrupt rental market

Feb 20, 2019
Stephen Brookes Balwin Properties
JSE listed Balwin Properties, South Africa’s largest turnkey sectional-title developer,…

New Maluti Crescent to open on 21 March and transform shopping in Phuthaditjhaba

Feb 28, 2019
MD  PAUL GERAD
Maluti Crescent Shopping Centre will open on 21 March 2019 when it will officially become…

Fairvest Property Holdings Limited announced solid results for the six months to December 2018

Feb 27, 2019
DARREN WILDER
Fairvest Property Holdings Limited today again announced solid results for the six months…

Redefine Properties on track to drive sustainable growth in ‘watershed’ election year

Feb 25, 2019
1 ANDREW KONING
While economic conditions remain challenging, Redefine Properties (JSE: RDF) continues to…

Renewable energy programme attracts R209.4 billion to SA economy

Feb 25, 2019
JEFF RADEBE
The Renewable Energy Independent Power Producer Procurement Programme (REIPPP) is making…

Please publish modules in offcanvas position.