eProperty News

JSE listed diversified real estate investment trust Redefine Properties’ today announced that Leon Kok will transition from his current role as financial director to chief operating officer when incumbent David Rice retires from the company on 31 August 2020.

As anticipated, President Cyril Ramaphosa spoke to the urgency for economic growth and the need for a serious and sustainable increase in the employment rate in his State of the Nation address last night. 

Herschel Jawitz has cautiously welcomed President Ramaphosa’s State of the Nation address, which addressed most of the critical issues facing the country but not necessarily in enough detail.

MAURITIUS. London Stock Exchange listed Grit, the only listed Africa-focused income distribution group to offer international property investors access to high growth opportunities in thriving African economies outside of South Africa, today announced robust interim results for the financial year ending 31 December 2019.

As per the Cautionary Announcement issued today, Investec Property Fund (IPF) is finalising the acquisition of the remaining interest in the Pan European Logistics (PEL) platform from funds managed by the Real Estate Group of Ares Management Corporation (Ares) or its affiliates.

TUHF Limited has secured a R700 million investment from Standard Bank through the bank’s Debt Capital Markets team.

Tuesday, 11 February 2020 10:42

Unpacking SA’s student housing crisis

Students returning to university this month are once again facing the problem of insufficient and inadequate accommodation.

Tuesday, 11 February 2020 10:22

Helderfontein Outfall Sewer nears completion

Construction of the R12 million Helderfontein Outfall Sewer, situated in Riverside close to Fourways is nearing completion.

Concor’s new group CEO Lucas Tseki is confident South Africa’s construction sector is turning the corner, provided there is no further delay in the adjudication and awarding of large infrastructure contracts by government agencies.

The Estate Agency Affairs Board (EAAB) this week kicks off a series of high-level meetings with several industry bodies in preparation for the new Property Practitioners Act which takes effect this year.

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