Growthpoint Properties has completed an extensive R10 million warehouse upgrade for Sasko, a division of Pioneer Foods, one of South Africa's leading food and beverage companies.
Growthpoint Properties and Tiber Group today announced that Growthpoint will acquire the entire Tiber Group portfolio of properties and management business.
The Tower Property Fund, which was the first new fund in South Africa to list on the main board of the JSE under the Diversified REITs sector in July, has experienced steady progress during the first quarter following listing.
Residential property in an array of forms including student housing is in such high demand that investors who have not dabbled in it before‚ are chasing it.
There was very little in the way of positive news for investors in South Africa's listed property sector for the week ended 9 November 2013 and the US jobs report of last Friday has placed the sector firmly on the back foot.
There's no doubt that the roll-out of the Gautrain has been a success in providing safe, quick and convenient means of transport to and from the workplace, and according to the Gautrain website, since the opening of Park Station in Rosebank there has been a dramatic increase in the demand for the Gautrain and its bus services.
It will probably take at least another 12-24 months before Redefine Properties achieves its ultimate goal of a full takeover of Fountainhead Property Trust’s R11,1bn portfolio.
Growthpoint Properties today announced it has signed agreements with Solar Century Africa and Eskom to install a utility scale solar power plant on the rooftop of its Waterfall Mall in Rustenburg.
Growthpoint Properties today announced it will acquire Abseq Properties (Pty) Ltd, which owns and manages a portfolio of 17 high-quality office properties in northern Johannesburg and Woodmead.
Growthpoint Properties, the largest listed South African property company on the JSE and the largest REIT in emerging markets, has launched a DR programme.

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