JSE-listed Emira Property Fund will take a minority stake in JSE AltX-listed Transcend Residential Property Fund, furthering Emira’s stated strategy of expanding its investment in residential rental property.

Emira Property Fund is selling a sizeable R1.8bn portfolio of 25 office assets to a new majority black-owned entity, specially setup for this purpose.

“Overall many key African hotel markets reflected a positive turnaround in tourism in the first half of 2018,” says CEO of HTI Consulting, Wayne Troughton. “Though many of these markets continue to trade off a low base, the positive growth in room nights sold bodes well for future occupancy increases and hotel supply,” he states.

Hammerson plc (“Hammerson”) has exchanged contracts for the sale of a 50% stake in Highcross shopping centre in Leicester for £236m. This represents a 5% discount to December 2017 book value allowing for capex associated with the proactive reconfiguration of the former House of Fraser store.

When it comes to property, the adage goes, “Position. Position. Position.” That’s why Broll Property Group is proud to take its position as Platinum Sponsor of the Africa Property Investment Summit & Expo 2018 (API 2018).It will be held in Sandton, Johannesburg, on the 20th and 21st of September.

The opportunity for African countries in supporting the growth and development of their affordable housing industries is immense and transformative.

The SA REIT (Real Estate Investment Trust) sector is updating its best practice recommendations to make financial reporting of South African REITs even clearer and more comparable.

Roads are the hallmark of a progressive society and have profound impacts on the communities they serve. The almost complete Mount Edgecombe N2/M41 Interchange at uMhlanga on KwaZulu-Natal’s rapidly expanding North Coast, is one such development that will have a significant impact on this area’s urban quality and spatial connectivity.

President Cyril Ramaphosa announced Government's eagerly awaited economic stimulus package at a briefing in Pretoria on Friday aimed at driving economic growth.

RDI, the income focused UK-REIT, today announces that it has completed the acquisition of Southwood Business Park, an industrial estate in Farnborough, Hampshire for a total consideration of £26.3 million, reflecting a net initial yield of 6.2%.