Inospace Property Fund, an owner and operator of branded business parks providing conventional and flexible workspaces, has completed the acquisition of seven industrial parks in Cape Town and Johannesburg for R212 million, bringing the total value of its portfolio to over R1 billion.
Fortress REIT Ltd., the diversified property group, today advised shareholders that its board of directors has identified suitable candidates to continue driving the business forward and ensuring continuity.
Africrest Properties was thrilled to host the Member of the Mayoral Committee (MMC) for Development Planning for the City of Johannesburg- Reuben Masango as well as MMC for Housing- Meshack van Wyk, at the opening of their latest middle income residential development in Bramley, known as ‘The Village’.
Hammerson plc today announces that is has completed the sale of the 50% stake in Highcross shopping centre in Leicester to an Asian investor introduced by M&G Real Estate for £236m.
Vukile Property Fund today reported 7.5% growth in dividends to 78.1 cents per share for its half-year to 30 September 2018, which is well in line with its full-year guidance.
On 4 October 2018 a consortium comprising the Peel Group (‘Peel’), the Olayan Group and Brookfield Property Group (together the ‘Consortium’) announced they were in the preliminary stages of considering a possible cash offer for intu.
Business accelerator Property Point and four of its small business graduates dominated this year’s SA Business Incubation Conference Awards. Together they won three of the six categories and walked away with a total of five awards.
Diversified, South African-focused property fund Arrowhead today reported results for the year ended 30 September 2018.
NEPI Rockcastle updates the valuation of its property portfolio in June and December each year. Fair value is determined by external, independent professional valuers with appropriate and recognised qualifications, and recent experience in the locations and category of properties being valued.
JSE-listed Accelerate Property Fund today reported interim financial results for the six months ended 30 September 2018 in line with company guidance.

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