Growthpoint Properties today launched the first and only property portfolio in South Africa to be highly rated by both the South African Property Owners Association (SAPOA) and the Green Building Council South Africa (GBCSA), aptly named the Thrive Portfolio.

In a country facing what is commonly termed a ‘crisis of leadership’, the moment has arrived for business leaders to step into the breach and become aspirational leadership models for future generations.

PSG Alpha Investments, a subsidiary of the JSE-listed PSG Group, has acquired a 50% stake in Evergreen Lifestyle, South Africa’s pre-eminent provider of retirement living and a division of the Amdec Group.

Investec Australia Property Fund (“IAPF” or the “Fund”) today announced the acquisition of an industrial property in Hallam, Melbourne for AUD 22,000,000 which represents an initial yield of 6.3%.

As Cape Town responds to Level Five Water Restrictions, Growthpoint Properties has made water saving a priority at its buildings across the Mother City.

Grit Real Estate Income Group (formerly Mara Delta), the only income group focused on real estate in Africa (excluding South Africa) and listed on the Stock Exchange of Mauritius and the JSE, today announced the successful conclusion of a related party empowerment transaction.

JSE-listed diversified real estate investment trust Redefine Properties, better known for its retail, industrial and office holdings, have commenced on the ZAR426 million residential development Park Central.

MAS Real Estate Inc (“MAS”), a commercial property investor, developer and operator listed on the main board of the Johannesburg Stock Exchange (“JSE”) and the Euro-MTF market of the Luxembourg Stock Exchange (“LuxSE”), today reported outstanding results for the year ended 30 June 2017. 

Further to Italtile’s binding offer on 16 July 2016 to Ceramic, to acquire up to a further 74.5% of Ceramic´s issued share capital, and as advised in the announcement published on SENS on 22 August 2017.

JSE REIT Stor-Age, the leading and only listed self storage property fund in South Africa, will shortly enter the UK self storage market with an estimated R1.3 billion acquisition of the region’s sixth largest self storage operator, Storage King.