eProperty News

Fortress Real Estate Investments, South Africa’s third largest REIT, announced today that its long-term strategy is paying off.  

The humble convenience centre, mostly nestled in midst of the rows of houses in burgeoning suburbs has emerged as the most resilient format in an industry that went through a collective event without precedent in modern retail.

Irongate Group (ASX: IAP; JSE: IAP) has entered into a contract for sale of land to acquire an industrial facility located at 153 Main Beach Road, Pinkenba QLD (Property) for $24,750,000.

Having exhausted all other options to rectify ongoing service delivery issues from the Estate Agency Affairs Board (EAAB), the Real Estate Business Owners of South Africa (REBOSA) has officially engaged in legal action against the regulator.

Johannesburg Stock Exchange listed EPP (JSE: EPP), Poland’s biggest retail landlord, reported results for the year ended 31 December 2020 with distributable earnings reaching €5.56 cents per share, exceeding its guidance of between €4.75 and €5.25 cents.

The GDP print for the fourth quarter of 2020 has come in better than expected, seeing markets respond positively in terms of rand strength and bond yields.

Wednesday, 10 March 2021 18:30

Young investors give property the thumbs up

The future of South Africa’s housing market is looking bright, as aspirant buyers between the ages of 18 and 24 are the most optimistic about the merits of investing in property.

Investec Property Fund announced the finalisation of the sale of their 38.04% equity interest in the UK Fund to Argo Real Estate Limited, for a cash consideration of GBP35 million.

Thrift By Flav opened in the Mall of Africa in Waterfall, becoming the first thrift store to open in a super-regional mall in South Africa. 

The SA REIT Association (SAREIT or the Association), a representative umbrella body for South African REITs focused on promoting the sector as an attractive asset class; today released its newly established Research Committee’s maiden report.

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