Octodec delivers satisfactory first half performance in recessionary environment; prepares for COVID-19 impacts on full year performance
JSE listed REIT Octodec Investments Limited, today announced a satisfactory set of results for the half year to 29 February 2020, against a rapidly degrading economic environment which translated into a slight reduction in distributable earnings to 97 cents per share.
Covid 19 – what comes next for the residential property market
With the first quarter of 2020 (Q1 20) ending only five days into the Covid-19 national lockdown, the statistics and trends analysis released by ooba home loans, South Africa’s foremost home loan comparison service, depicted an ideal environment for homebuyers.
Investment Strategies for REIT’s post COVID-19
Kim Pfaff-Karg, BSc Property Studies (Honours) is the Chief Investment Officer at Spear REIT Limited, a Real Estate Investment Trust (REIT) listed on the Johannesburg Stock Exchange (JSE).
SA REIT Association mourns the passing of Marc Wainer
It is with great sadness that the SA REIT sector mourns the passing of property maverick Marc Wainer.
Covid-19 compounds student housing crisis
The construction industry in South Africa has been brought to a halt by the spread of Covid-19.
Call for the designation of construction sector as essential services
Consulting Engineers South Africa (CESA) as part of the Construction COVID-19 Rapid Response Task Team (“CC19RRTT”) is calling on Government to make the Construction Sector part of the designated Essential Services.
Relief for construction industry available
The sudden announcement of the lockdown by President Ramaphosa understandably raised serious and immediate concerns in the building industry.
Passing away of South African property doyen Marc Wainer is a loss to the entire sector
Marc Wainer, founder, former Chairman and CEO of Redefine Properties, who started his career working in his parents' grocery and fish shop in Yeoville and went on to build one of the country’s largest and diversified Real Estate Investment Trust (REIT) listed on the JSE passed away earlier today at the age of 71.
Construction: African Development Bank debars China Zhonghao Nigeria Limited for 18 months for fraudulent practices
The African Development Bank Group (www.AfDB.org) on 14 April 2020, announced the debarment of China Zhonghao Nigeria Limited, a civil engineering company registered in Nigeria, for 18 months, for fraudulent practices.
Pick n Pay at Alex Mall to reopen after COVID-19 forced closure
Alex Mall can confirm that two staff members from one of our anchor tenants, Pick ‘n Pay, have tested positive for Covid-19.
eProperty News is a leading online commercial property marketplace serving the Southern African Investment, Office, Retail and Industrial property and allied sectors.