Diversified property REIT, Texton Property Fund Limited (“Texton”), today announced good annual results despite a challenging year, declaring an annual dividend of 102,80 cents per share.

The hospitality and gaming industry in South Africa might be perceived as male dominated terrain but within Sun International’s sales team, women are the majority.

Levels of building activity in the South African market for new private sector-financed housing (see explanatory notes) contracted on a year-on-year basis in both the planning and construction phases in the first half of 2017, based on data released by Statistics South Africa.  

Emira Property Fund today reported a total dividend of 143.18 cents per share for its full-year ended 30 June 2017.

Property Point, a Growthpoint Properties initiative, is transforming the South African economy and society by building sustainable small businesses working in the property industry.

The 2016 World Alzheimer Report, released by Alzheimer Disease International highlighted the fact that people living with dementia typically have poor access to appropriate healthcare.

The FNB Holiday Towns House Price Index, comprising towns (both coastal and inland) whose housing markets are deemed to be strongly driven by holiday home demand, has had a reasonably good run since around 2013.

Shareholders of Emira Property Fund have overwhelmingly approved a transaction that will see 5% of the REIT’s shares in issue being held by strategic black partners who will add value to Emira and its investors while also contributing to transforming the South African economy.

Stuart Chait, Executive Chairman of Land Equity, a South African based privately held property investment, development and private equity company, has called on government to back Black Economic Empowered (BEE) property developers by making access to funding easier.

NEPI subsidiary, NEPI Project One EOOD, concludes acquisition of Serdika Centre and Office in Bulgaria from Einkaufs-Center Sofia GmbH & Co. KG.