As lockdown eases, how much consumer spend will return?
On Sunday evening, the President announced a relaxation in COVID-19-related lockdown measures, from level 4 to level 3 as from 1 June, which means the opening up of most retail activity, excluding restaurant and pub facilities.
Sectional Title Trustees and Homeowners Association directors face COVID-19 liability
The Covid-19 pandemic and South Africa’s lockdown regulations are impacting all aspects of our lives.
Tradehold confident of surviving COVID-19
Despite a drop in profits, Tradehold’s management believes the company, which operates mainly in South Africa and the UK, has weathered well the highly volatile and demanding conditions that defined its 2020 financial year to end February.
Repo rate reduction further incentive for savvy home buyers
In the midst of a rapidly contracting economy in limbo under an extended lockdown, today’s (21 May 2020) announcement of a further reduction of 50 bps in the repo rate will have a positive effect on the residential property market, albeit deferred until potential buyers can begin transacting in earnest, says Dr Andrew Golding, chief executive of the Pam Golding Property group.
Repo rate cut by 50 basis points
The South African Reserve Bank (SARB) has cut the Repurchase (repo) rate by 50 basis points.
Investec Property Fund delivers a solid performance in a challenging environment
Investec Property Fund Limited (IPF or the Fund) is pleased to announce H2 2020 earnings available for distributionof 75.7cps (H2 2019: 73.5cps) representing 3.0% year-on-year growth.
Lighter side of industrial property showing returns
Many businesses operating in South Africa are cautiously optimistic for what is in store for the remainder of this year.
Dipula drops vacancies by almost 30% and concludes R370m new leases for 29 Feb 2020 interim results
South-African focused JSE-listed diversified REIT, Dipula Income Fund, today announced results for the six months ended 29 February 2020. The Group’s performance was achieved against a backdrop of extremely weak trading conditions globally and in South Africa (“SA”).
Strong demand bolsters Balwin's revenue despite economic headwinds (results for the year ended 29 Feb 2020)
JSE listed Balwin Properties, a developer that cares about environmentally responsible building practices and the delivery of high-quality apartments to its valued clients, reported continued strong demand for its unique lifestyle apartments despite increased economic headwinds.
Growthpoint’s head office development for Exxaro receives Africa’s first WELL certification
Growthpoint Properties has developed the first building on the African continent to achieve a WELL certification, further differentiating its workspaces and taking its portfolio of office properties to the next level.
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