Alex Mall can confirm that two staff members from one of our anchor tenants, Pick ‘n Pay, have tested positive for Covid-19.

The Property Industry Group has announced an industry-wide assistance and relief package for retail tenants that are hardest hit by complying with South Africa’s lockdown in the face of the COVID-19 pandemic.

As the global community is grappling with COVID-19 and its ramifications, parties to commercial agreements have not been spared from panic in respect of the adverse effects of COVID-19 on commercial agreements.

The Moody’s downgrade of South Africa’s credit rating should have happened long ago.

Room for further interest rate cuts, says Dr Andrew Golding, CE of the Pam Golding Property group.

Exemplar REITail is providing exclusive access to its Malls for its elderly customers on Monday 30 March 2020, pension pay-out day.

Against the backdrop of the unprecedented times we find ourselves in, today’s (19 March 2020) decision by the Monetary Policy Committee to reduce the repo rate by 100bps is a critical step towards financial survival.

JSE listed Spear REIT Limited, the owner of the Double Tree by Hilton Cape Town, is the first in South Africa to launch an innovative self-quarantine accomodation solution.

JSE listed diversified real estate investment trust Redefine Properties will introduce stricter cleaning and disinfecting protocols at its retail properties as part of a broad approach to preventing the transmission of COVID-19.

Peter Gent, ex-RMB Chief Operating Officer, has been appointed as an independent, non-executive director to the board of directors of commercial property development company, Heartwood Properties, who are listed on the 4AX (4 Africa Exchange).