Covid-19 lockdown didn’t change the direction of the rising long-term Work from Home (WFH) trend.

The fuel price reduction is not yet expected to be sufficient to stop an anticipated weakening in commercial property demand in the 2nd half of 2022, as lagged direct and indirect impacts from earlier fuel price hikes feed through.

Footfall, sales, occupancy and collections are recovering and now close to 2019 levels. 

In Northern South the word “Mohwelere” is derived from the name of tree. Mahwelereng means place of Mohwelere trees; and it’s where we’ve planted roots and are branching out into next phase.

Vukile Property Fund (JSE: VKE) has expanded its significant investment in South African township, rural and commuter shopping centres with its agreement to acquire the landmark Pan Africa Shopping Centre in Alexandra Township in Johannesburg, Gauteng, as well as the asset’s second phase extension due for completion in 2024.

Strong leasing activity and demand across all uses, growth in portfolio value, income and dividends Footfall continues to trend towards pre-pandemic levels, customer sales in aggregate ahead of 2019.

The global COVID-19 pandemic presented unprecedented challenges to healthcare service provision. 

The South African Property Owners Association (SAPOA) has launched a High Court application against the City of Joburg (“the City”) interdicting it from applying the 2021 Development Contributions Policy (DCP), and declaring amongst other things that the City may not impose any condition on the granting of a land development application which requires the applicant to pay a development charge or contribution relating to services and/or infrastructure other than required by the development to which the application relates.

We’re moving forward with changes driven by the convergence of pandemic and longstanding industry tailwinds, influencing how we reshape our community-driven retail precincts.

With the inflation outlook deteriorating since the previous Monetary Policy Committee meeting – with the headline inflation rate again breaching the upper limit of the 4-6% target for the second consecutive month at 7.4% in June 2022, it was inevitable that a decision would be taken to further increase the repo rate, the question was simply by how much.