Acsion Limited, a specialist commercial, retail and residential property developer and owner, today announced robust results for the financial year ending 29 February 2016, delivering against its pre-listing forecasts.

Profica delivers first phase of York Commercial Park in Zambia.

South African retail magnate Christo Wiese's offshore investment holding company Tradehold intends to buy a majority stake in Lusaka Stock Exchange listed Real Estate Investments Zambia.

While most of last year was a pleasing one for Hyprop shareholders, 2016 has begun on a poor note. In fact, 2015 ended with little good news from the marketplace, as the stock plunged after a months-long rally.

Delta Africa, the first multi-listed property fund to offer international property investors direct access to immediate high growth opportunities on the African continent outside of South Africa, today announced a successful capital raise equivalent to ZAR 156 million.

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

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%.

Delays in opening new outlets in Zambia and Tanzania will not hold back Botswana’s grocer Choppies from achieving its 2016 growth target of operating 200 stores.

Hyprop Investments is a hot stock pick for 2015.

Sun International plans to sell a portion of its interests in its African assets to a foreign subsidiary of Thailand-listed Minor International Public Co for R664m.