Oxford Parks is an architectural focal point along Oxford Road in Rosebank. On completion, this site will house five buildings on a master basement structure.

Fairvest Property Holdings Limited (“Fairvest”) today announced results for the year to 30 June 2020, with total distribution for the year of 21.038 cents per share, down 3.4% decrease on the prior year. 

Since 2016 the City of Johannesburg has embarked on an ambitious programme to renovate its iconic but dilapidated buildings throughout its suburbs, and while the 3 Alice Lane building was renovated by its owner, it continued this familiar trend of restoring older buildings in the City. 

Attacq Limited (“Attacq”), The South African-based REIT today announced its financial results for the year ended 30 June 2020.

Hyprop, a retail-focused REIT listed on the JSE, today reported annual results demonstrating management is navigating successfully through very uncertain times.

Spear REIT Limited (SEA:SJ), the only regionally focused REIT on the JSE with exposure to high quality Western Cape-only assets, disclosed its group performance under the national lockdown in a pre-close investor presentation on Friday 28 August 2020.

Building the way forward in South Africa’s commercial property market.

Latest GDP figures have laid bare the grim reality of COVID-19’s economic effects, revealing an unprecedented 51% decline in economic activity in the second quarter of this year (quarter-on-quarter, seasonally adjusted and annualised).

The South African economy contracted by a staggering 51% in Quarter 2 of 2020, as the country reeled from the consequences of the COVID-19 enforced lockdown, Statistician-General Risenga Maluleke has revealed.

Further repo rate cut would have provided relief for economy and boosted housing market, says Dr Andrew Golding.