Growth in the value of outstanding credit balances in the South African household sector.

Building on the success of the strongest mall in Cyprus, Atterbury Europe’s first phase Mall of Cyprus expansion has opened to shoppers with an added 6,000sqm of retail space, 15 new retail brands, six new food and beverage concepts and 300 extra parking spaces.

Abland, one of South Africa’s leading property developers for over 30 years, is developing a distinctive mixed use development in the CBD of Cape Town in partnership with Nedbank.

John Rabie, one of South Africa’s most successful property developers, has recently embarked on a substantial new venture in Portugal. 

Within the 13 month timeframe and in time for its official opening on 21 March 2019, Concor Buildings has completed the Maluti Crescent regional retail hub, owned by Vukile Property Fund, at Phuthaditjhaba in Free State province.

This month, Africrest Properties opened their latest residential conversion project up for leasing and the first tenants have started moving in.

Bellevue East, located on the border of the upmarket suburbs of Observatory and Upper Houghton, emerged as one of the top performing suburbs in Johannesburg in terms of property price growth.

Interim results for the six months ended 28 February 2019 strong, operational metrics despite headwinds.

JSE-listed EPP successfully completed an equity raise of ZAR 1.45 billion equating to approximately EUR90 million. The Polish retail company will use the equity to fund tranche 2 of its M1 portfolio transaction.

Much in line with developments in 2018, private sector-financed building activity (see explanatory note) in the South African market for new housing showed divergent trends in early 2019, based on data released by Statistics South Africa.