Gross Domestic Product increases by 3.3% in second quarter of 2016
Statistics South Africa (Stats SA) Deputy Director-General Joe de Beer says the country’s headline figure, the real gross domestic product (GDP), grew by 3.3% in the second quarter of 2016.
Redefine Properties successfully places Euro 150 million secured bonds exchangeable into shares of Redefine International plc
JSE-listed diversified real estate investment trust Redefine Properties (JSE: RDF) has successfully raised Euro 150 million through the launch of a five year exchangeable bond programme to be listed on the Frankfurt Stock Exchange, with the proceeds to be used in part settlement of the bridge facility used to fund its recent investment into Poland.
Retail Property still being built at a brisk pace, but signs of slowdown have begun to emerge
June Retail Building Statistics complete the 2nd quarter building picture, and pointed to a still-brisk pace of Retail Space building activity for the 2nd quarter as a whole.
2015 average house price growth was slightly slower than that of 2014 as a whole
In December 2015, the FNB House Price Index inflation rate continued its mild year-on-year growth uptick of recent months.
eProperty News is a leading online commercial property marketplace serving the Southern African Investment, Office, Retail and Industrial property and allied sectors.