eProperty News

 

“At the time, the higher-than-anticipated 50bps rate hike at the previous (March 2023) MPC meeting was widely thought to be the last – or at worst the penultimate – repo rate hike in the current interest rate cycle.

Thebe Investments is one of South Africa’s oldest investment firms and represents a truly pioneering black-owned enterprise established at the dawn of South Africa’s democracy.

Ongoing government enforced blackouts and inflationary pressures are contributing to an uncertain and highly volatile environment for the South African agricultural sector.

Musina Mall, the dominant shopping centre in Limpopo’s heritage-rich town of
Musina, is notching up excellent performance and continues to increase its trading
metrics, shopper appeal and convenience.

Rural retail owner and asset manager, Exemplar REITail, launched its first development in the Eastern Cape with the opening of KwaBhaca Mall in Mt Frere at the end of October.

Specialist logistics property fund, Equites, which develops and owns a high-quality portfolio of logistics properties in key locations in South Africa and the United Kingdom, raised R1.25 billion in the South African debt capital market today in a public auction of 1-year, 3-year, and 5-year senior unsecured floating rate notes.

The prestigious Wale Street Chambers building has been rescaled to meet the needs – and pockets – of the modern business owner who values face-to-face interaction and the urban lifestyle.

To promote more sustainable and resource efficient buildings in South Africa, IFC today announced an investment in a green bond issued by Growthpoint Properties Limited that will help the company finance energy and water efficiency improvements in its existing commercial properties.

Office occupancies in Cape Town and Durban could well be seeing an upswing – welcome news in markets that have suffered from rising vacancies in the wake of corporate downsizing and restructuring in the wake of the COVID-19 pandemic.

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