A strong pick-up in demand for offices in the Southern Suburbs has seen the developers push the button on the entire R80 million phase two of the Greenford Office Park development bordering the Kenilworth Race Course.
Court gives Kyalami auction the green light.
The Reserve Bank has decided to raise the repo rate by 25 basis points, taking it to 5.75%, Governor Gill Marcus said on Thursday.
Today's 25 basis point increase in the repo rate is unlikely to have any impact on South Africa's listed property sector.
Nedbank Corporate Property Finance continues its support of strategic development nodes in KwaZulu-Natal with the funding of a new R80 million industrial warehouse development at Durban's Dube Tradeport.
Laurence Rapp has been appointed Chairman of the SA REIT Association, which is tasked with representing the South African listed REIT sector, one of the most active and innovative sectors on the JSE.
Growing its portfolio of income-producing commercial properties, Freedom Property Fund has commenced its next phase of development, introducing over a dozen new units at Steelpoort Industrial Park in Limpopo.
JSE's listed property sector has not managed to maintain its run of the past few years of beating the broader all share index.
Synergy Income Fund's A and B units have been among the listed property index's top performers since the beginning of the year, with both having risen nearly 20%.
Atlantic Leaf Properties has completed its first phase of capital raising as it looks to attract South African investors seeking offshore exposure.

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