Investec Australia Property Fund (“IAPF” or the “Fund”) today announced the acquisition of an A-grade nine storey office building with ground floor retail in Newcastle for $56.7 million.

Buoyed by impressive prospects in some parts of Africa, where demand outstrips supply of quality stock, JSE-listed Pivotal Property Fund is pushing ahead with its expansion into the hinterland.

Delta Africa, the first multi-listed property fund to offer international property investors direct access to immediate high growth opportunities on the African continent outside of South Africa, today announced a successful capital raise equivalent to ZAR 156 million.

Hospitality Property Fund Limited, the JSE-listed Real Estate Investment Trust (“REIT”) today announced that it has signed an agreement to acquire 10 hotel properties, valued at almost R1.8 billion, from Southern Sun Hotels Proprietary Limited, a wholly owned subsidiary of Tsogo Sun Holdings Limited.

While many South Africans are likely to be buying more basic goods this festive season, luxury goods targeted at high-end consumers are also set to enjoy strong sales.

Balwin Properties acquire development rights from Portimix in Johannesburg’s Kyalami and Waterfall node for R1.5bn.

There are signs that the South African listed property sector's strong run is ending.

Schroder European Real Estate Investment Trust becomes the latest offshore property fund to list on the JSE, raising about R2.4bn in its initial public offering.

The Pivotal Fund, a real estate investment firm valued at more than R6bn in market cap, marks its first anniversary as a JSE-listed entity today.

Sirius Real Estate’s self-storage business performs strongly this year‚ supported by demand for space from consumers.