A landmark new R157 million green office development by Growthpoint Properties in Umhlanga’s booming Ridgeside precinct is nearing completion and has become Durban’s first 5-Star Green Star SA rated building.
Dipula Income Fund reported an increase of 33% in distributable earnings for its financial year to 31 August 2015, during a period of remarkable growth.
Gillwell Taxi Rank Park opens on Thursday, 12 November, and is set to be an excellent asset for its shoppers, retailers, owners and community.
Indluplace Properties’s revenue has increased from R37,4 million (30 September 2014) to R157,8 million (30 September 2015).
Growthpoint Properties today announced it will be entering real estate investment in several African markets outside of South Africa.
South African Real Estate Investment Trusts (SA REITs) are increasing their representation in the JSE/Actuaries All Share Top 40 Companies (ALSI 40) Index, growing their representation among South Africa’s largest listed companies.
Catalyst Fund Managers notes offshore counters looking to take advantage of South African investors’ appetite for offshore exposure with UK-focused specialist REIT Capital and Regional and International Hotel Group completing secondary listing’s on the JSE main board and AltX respectively.
A celebration of commercial property excellence also turned out to be a massive R1 million boost for charity and humanitarian causes, thanks to the community-mindedness of Jones Lang LaSalle (JLL) and Growthpoint Properties.
The collapsed pedestrian bridge on the M1 highway in Sandton is an unfortunate metaphor of what the sector is going through at present.

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