Accelerate Property Fund, the JSE listed Real Estate Investment Trust with significant exposure in the dynamic Fourways node, Johannesburg, today reported strong interim results despite a challenging economic environment.

Actis, a leading emerging markets investor, RMB Westport, a notable sub-Saharan Africa real estate investment management and development group and Paragon Holdings, a leading Nigerian investor group today confirm the sale of Ikeja City Mall to South African Real Estate Investment Trust (REIT), Hyprop Investments Limited (Hyprop) and Attacq Limited (Attacq), a JSE-listed real estate capital growth fund.

Thursday, 12 November 2015 11:57

Alexandra to get new regional Alex Mall

Often perceived as the poor, forgotten neighbour of the prestigious Sandton, the township of Alexandra is set to elevate itself closer to “the richest square mile in Africa” with the commencement of construction of its own fully enclosed regional mall.

Gillwell Taxi Rank Park opens on Thursday, 12 November, and is set to be an excellent asset for its shoppers, retailers, owners and community.

In the six months to August, Tradehold maintained the strong expansion momentum begun last year, growing the value of its investment properties by 48.8% to £179.0m (R3.8bn). 

Top commercial property broker Sean Berowsky was recently appointed Head of Commercial and Industrial Broking at Broll South Africa.

Carletonville Mall – the new R330 million 26,000sqm shopping destination in the famous gold-mining town on Gauteng’s West Rand opened its doors on Thursday, 29 October 2015, to the delight of thousands of shoppers and visitors.

Investors looking for exposure to UK real estate have two more options to choose from after the listing of Redefine International spin-off International Hotel Group and mall owner Capital & Regional.

Waters Edge, a new high-rise residential development of 144 apartments overlooking the spectacular 16ha Intaka Island wetlands reserve and surrounding waterways, is being launched at Century City by Rabie Property Group.

The Pivotal Fund, a development focused Investment Fund, is pleased to announce that it has purchased a 45% share in S&J Industrial, a 160 hectare (1.6 million m²) prime industrial parcel of land located in Germiston, Johannesburg.

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