The South African National Roads Agency SOC Ltd (SANRAL) is investing an estimated R500-million in a road infrastructure project in the Buffalo City Metropolitan Municipality.

Attacq Limited, the premier JSE-listed REIT is pleased to announce that Jackie van Niekerk, the current Chief Operating Officer (“COO”) of Attacq, has been appointed as the CEO with effect from 1 May 2021.

The South African Reserve Bank has just announced that it is holding the repo rate steady, as South Africa battles the second wave of the COVID-19.

JSE-listed property company MAS Real Estate confirmed that the tranche of 41.7 million of its shares sold Friday 15 January 2021 for R500-million has been acquired for the benefit of the Mary Oppenheimer family interests, under the guidance of advisor Stockdale Street Ltd.

JSE listed diversified real estate investment trust Redefine Properties has announced the decision by its Board to resolve to not pay a dividend in respect of FY2020 in the face of ongoing Covid-19 uncertainty.

While a further reduction to the interest rate would have been a bonus for aspirant first-time home buyers and existing homeowners with mortgages, the Monetary Policy Committee’s decision to leave the repo rate unchanged at 3.5% was anticipated by the majority of market commentators, says Dr Andrew Golding, chief executive of the Pam Golding Property group.

JSE-listed EPP, the largest owner of shopping centres in Poland, announces the appointment of Agata Sekuła as the company’s Executive Management Team Member responsible for sales and acquisitions. Agata will join EPP from 1 March 2021 and be responsible for executing EPP’s divestment and investment plans, with particular focus on acquiring institutional co-investors for EPP’s retail portfolio.

JSE-listed Real Estate Investment Trust and 50% owner of Fourways Mall, Accelerate Property Fund is pleased to announce the appointment of Mr Derick van der Merwe as an independent non-executive director to the board of the Company with effect from 1 February 2021.

The Monetary Policy Committee has decided to keep the repo rate unchanged at 3.5% per annum, Reserve Bank Governor, Lesetja Kganyago, has announced.

Although the pandemic hasn’t yet abated as we had all hoped and 2021 looks to be more of the same, interestingly, instead of increased pessimism, a December survey of global executives by the McKinsey Global Institute (MGI) found that even in the short-term optimism is growing with the highest levels of optimism now being detected since the onset of the Covid-19 pandemic.