Attacq Limited (Attacq), the JSE listed property company developing Waterfall City and Waterfall Logistics Hub, hosted an official ground-breaking ceremony today, to welcome international medical devices company Zimmer Biomet to Waterfall Distribution Campus.

The fourth and final phase of the popular Willow Wood Office Park, developed by Heartwood Properties, in Fourways in Gauteng, is currently under construction and due for completion in March next year.

Growthpoint Properties (Share Code: GRT) shares began trading onA2X today as it became the first property company and tenth counter to join the exchange with its secondary listing.

Stenprop, the UK multi-let industrial property investor, has acquired Estuary Court, an industrial estate in Newport, South Wales, from Storage Giant for £3.1 million, which reflects a net initial yield of 7.6%.

Attacq Limited, (“Attacq”), the JSE listed property company, announced its conversion to a Real Estate Investment Trust (“REIT”), effective 29 May 2018, following approval by the JSE.

Redefine International, the London-based diversified income-focused property company, has agreed terms to restructure its VBG property assets in Germany and the associated financing facilities

The South African property sector presents companies such as Redefine Properties with a scenario that is “extremely” favourable for accretive deals capable of enhancing a property company’s bottom line.

Property company Pangbourne Properties (PAP) has announced that it has agreed to collectively acquire from Growthpoint Properties and the Mine Employees Pension Fund (MEPF) 17.854 million iFour (IFR) linked units at 572 cents per linked unit for an aggregate consideration of R102.125-million.