Commercial City, a 14,000sqm retail warehouse centre in Strijdom Park, Randburg, has undergone a substantial upgrade by owners Growthpoint Properties Limited to accommodate the flagship premises of Hyundai Automotive South Africa, a division of Imperial Holdings

Property Loan Stocks continue to pique the interest of both small and large investors, thanks to strong returns tracked in the short-term and even stronger results posted over the long-term.

Growthpoint Properties announced that all conditions precedent to the acquisition of the V&A Waterfront in Cape Town had been fulfilled.

The purchase, in equal proportions, of South Africa’s landmark V&A Waterfront is now complete and all conditions have been fulfilled

SA listed property had highest total return of four asset classes for April.

This week’s listing of R2,2bn to the real estate sector’s market cap, which is fast ap proaching R130bn, up from R100bn 18 months ago.

Growthpoint Properties Limited (GRT) has issued a R500 million senior unsecured corporate bond issue of five-year maturity. 

The Competition Tribunal has unconditionally approved a merger deal involving Growthpoint Properties and Design Square.

Growthpoint Properties announced an 8.1% rise in its distribution to 63.9c per linked unit for the six months ended December 2010 from the previous comparable period.

Growthpoint Properties and Public Investment Corporation announced that they had entered into an agreement to buy in equal proportions 100% of Lexshell 44 General Trading.