Community Property Fund owns 30 shopping centres with a combined value of R3.3bn in seven provinces.

Rabie Property Administration’s portfolio under administration will shortly exceed R7billion – a growth of more than 40% since December 2014.

Leading JSE shopping centre REIT, Hyprop, has continued its formidable track record of strong returns with an exceptional 15% increase in total distributions for the year to 543 cents a share.

Actis, a leading pan-emerging market investor with $7,6 billion assets under management, today announced the acquisition of a significant minority stake in Coricraft Group, one of South Africa’s leading home furnishings retailers.

Tower Property Fund reports a 42% increase in distributable earnings for the year to May 2015 as its portfolio grew strongly and the fund makes its first offshore acquisition.

Tuesday, 25 August 2015 20:25

MEC, shopkeepers discuss municipal rates

Gauteng Economic Development, Environment, Agriculture and Rural Development MEC Lebogang Maile on Monday convened a meeting with Tembisa shopkeepers to discuss municipal rates. 

A growing consumer middle-class, powered by rapid urbanisation and shifting demographic trends is driving both property demand and growth opportunities in the real estate industry across the African continent.

The latest results for the IPD South Africa Trading Density Index, sponsored by the South African Council of Shopping Centres, reveals that trading density (sales per square meter) increased by 6.5% year-on-year for the quarter ending June 2015.

New Europe Property Investments grows its recurring distributable earnings per share 24% year on year in the first half of this year, thanks to acquisitions and developments.

Dipula Income Fund, acquirers of the R316 million Gillwell Taxi Retail Park development in the East London CBD, situated in the Buffalo City Metropolitan Municipality of the Eastern Cape Province, have confirmed construction is progressing on the new centre.

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