Growthpoint Properties today announced distribution growth of 6.5% per share for its full year to 30 June 2018 for investors, delivering a solid set of results that match its market guidance.

Rising municipal rates and taxes is a hot-button issue - one that negatively affects, not only operating costs and gross rentals, but also makes demand on property management resources.

President Cyril Ramaphosa says there is a need to radically transform urban spatial planning to ensure that citizens, particularly the poor and the working class, live closer to places of work and amenities.

Gemgrow has acquired, an effective economic interest of 95% in Moolgem, which comprises largely of a retail portfolio, totalling 26 properties in the Limpopo region, for approximately R628m, yielding 11.48%.

Heartwood Properties, born out of a successful joint venture between Gauteng property developers, Brydens Group and Montagu Property Group, is the first property company to list on the new 4 Africa Exchange (4AX).

The opportunity to obtain 10% yields across different sectors has made Francophone Africa attractive for Cornet compared to Europe.

The South African Property Owners Association (SAPOA) executives and members of the board met with the City of Nelson Mandela Bay Municipality yesterday evening as part of its Meet the Mayor initiative.

Intu Properties-Interim results for the six months ended 30 June 2018 winning destinations drive a resilient performance in a challenging market.

With inflation still within the target range, but with concerns following a round of fuel price increases and other potential inflationary impacts, as was anticipated, the Monetary Policy Committee kept the repo rate unchanged following this week’s meeting, says Dr Andrew Golding, chief executive of the Pam Golding Property group.

The South African Institute of Black Property Practitioners (SAIBPP) will be hosting its annual convention taking place between 7-8 August 2018.