Grit, the only listed Africa-focused distribution group to offer access to high growth opportunities in thriving African economies outside of South Africa, today reported solid financial results for the nine months ended 31 March 2018. 

The company was created from the core of McCormick Property Development (MPD) – a company with over 35 years of experience in the development and management of rural retail centres.

South Africa’s largest self storage group, Stor-Age, continued to demonstrate the strength of its sector specialisation and resilient product when declaring a dividend of 98 cents for the year to March 2018, up 11.1% year-on-year and continuing an unbroken dividend growth trend since listing in November 2015.

JSE listed diversified Redefine Properties (JSE:RDF) has finalised leases with two international big box retailers set to debut at its centres later this year.

Sales per square metre in shopping centres - from large super regional malls to neighbourhood 'locals' - continued to grow in March, according to the Clur Report of SA Retail Property, an industry barometer tracking performance at more than two million square metres of retail space in South Africa and Namibia.

Vukile Property Fund today reported 7.7% growth in dividends to 168.82 cents per share for the year to 31 March 2018 on the back of higher second-half distribution growth of 7.9%.

South Africa’s eastern province of KwaZulu-Natal, with its diverse culture, year-long sublime climate and abundant natural heritage sites and attractions, has the pull power to bring even more international and domestic tourists to its shores, and has the most potential nationwide to become the tourism capital of the country.

Sun International’s The Table Bay comes of age today (30 May 2018). Celebrating 21 years of creating memories for its guests, The Table Bay  enters its new era with the poise and grace that has made it an icon of luxury and refinement, and one of the world’s most respected hotels.

One of South Africa’s most recognised and highly-regarded property developers and investors, Jeff Zidel, is set to retire in June after a distinguished 47-year career in the industry. 

Attacq Limited, (“Attacq”), the JSE listed property company, announced its conversion to a Real Estate Investment Trust (“REIT”), effective 29 May 2018, following approval by the JSE.