Fortress REIT acquires key European logistics assets
Fortress REIT recently acquired two modern high-quality logistics parks in strategic locations in Poland.
Fortress interim results reflect value of logistics-focused strategy
Fortress Real Estate Investments, South Africa’s third largest REIT, announced today that its long-term strategy is paying off.
Convenience centres are proving to be the most resilient retail format during the pandemic
The humble convenience centre, mostly nestled in midst of the rows of houses in burgeoning suburbs has emerged as the most resilient format in an industry that went through a collective event without precedent in modern retail.
Irongate Group Acquires Industrial Property in Prime Brisbane Location
Irongate Group (ASX: IAP; JSE: IAP) has entered into a contract for sale of land to acquire an industrial facility located at 153 Main Beach Road, Pinkenba QLD (Property) for $24,750,000.
EAAB under audit as REBOSA takes to court
Having exhausted all other options to rectify ongoing service delivery issues from the Estate Agency Affairs Board (EAAB), the Real Estate Business Owners of South Africa (REBOSA) has officially engaged in legal action against the regulator.
EPP delivers solid performance amid the COVID-19 challenges
Johannesburg Stock Exchange listed EPP (JSE: EPP), Poland’s biggest retail landlord, reported results for the year ended 31 December 2020 with distributable earnings reaching €5.56 cents per share, exceeding its guidance of between €4.75 and €5.25 cents.
Another recession unlikely for now, but we still need to take our medicine to achieve sustainable growth
The GDP print for the fourth quarter of 2020 has come in better than expected, seeing markets respond positively in terms of rand strength and bond yields.
Young investors give property the thumbs up
The future of South Africa’s housing market is looking bright, as aspirant buyers between the ages of 18 and 24 are the most optimistic about the merits of investing in property.
Investec Property Fund advances the consolidation of their portfolio through the sale of the equity interest in the Argo UK Fund
Investec Property Fund announced the finalisation of the sale of their 38.04% equity interest in the UK Fund to Argo Real Estate Limited, for a cash consideration of GBP35 million.
Mall of Africa breaks ground with first thrift retail store in major mall
Thrift By Flav opened in the Mall of Africa in Waterfall, becoming the first thrift store to open in a super-regional mall in South Africa.
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