Tuesday, 03 July 2018 19:20

Household credit and mortgage balances

Growth in the value of outstanding credit balances in the South African household sector (R1 574,0 billion) was relatively stable at 4,2% year-on-year (y/y) up to the end of May 2018 compared with 4,1% y/y at end-April as a result of little change in both secured and unsecured credit balances growth.

The global sell-off of in emerging markets, an intractably weak domestic economy, an oversupply of business space, and a focus on the quality of earnings are all set to be major drivers of the SA REIT sector in the second half of 2018.

 JSE-listed EPP - the retail-focused Polish property play – announced first quarter results for the three months ended 31 March 2018 (“Q1”), showing distributable earnings increased 48% to €23.7 million and increased 9% on a per share basis to €2.98 compared to Q1 2017. 

Residential building activity in the planning phase improved, with the construction phase contracting in the first four months of 2018.

The township retail and shopping centre market in South Africa is growing at a rapid pace.

Thursday, 24 May 2018 13:19

Repo rate unchanged at 6.5%

The Reserve Bank has decided to keep the repo rate unchanged at 6.5% per annum, Governor Lesetja Kganyago said on Thursday.

In the 2nd Quarter 2018 FNB Estate Agent Survey Buy-to-Let demand is perceived to be slower of late, along with moderating near term expectations amongst agents.

It is no secret, malls and shopping centres across the country are being targeted by the criminal underworld. Are tenants and shoppers safe?

South Africa’s largest self storage group, Stor-Age, continued to demonstrate the strength of its sector specialisation and resilient product when declaring a dividend of 98 cents for the year to March 2018, up 11.1% year-on-year and continuing an unbroken dividend growth trend since listing in November 2015.

JSE listed diversified Redefine Properties (JSE:RDF) has finalised leases with two international big box retailers set to debut at its centres later this year.

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