Accelerate Property Fund, the JSE listed Real Estate Investment Trust with significant exposure in the dynamic Fourways node, Johannesburg, today reported robust interim results notwithstanding a challenging macro-economic and political environment.

Rebosis Property Fund, the JSE’s first listed black-managed REIT, sustained strong distribution growth for the year ended 31 August 2016.

Durban-based industrial property specialist, Shree Property Holdings, with a portfolio exceeding 650 000 square metres and the largest self-owned cold storage facilities in Southern Africa, is poised to break new ground in Durban's commercial market.

JSE listed Trematon Capital Investments Limited (“Trematon” or “the Company”), the Western Cape focused actively managed Investment Holdings Company, through its subsidiary ARIA Property Group (“ARIA”), today announced a R614 million acquisition from Redefine Properties Limited.

The developers behind Somerset West’s acclaimed Waterstone Village are celebrating the opening of their anticipated destination centre, a R400-million mixed-use retail and convenience development called The Sanctuary. 

Growthpoint Properties’ Greenfield Industrial Park in Cape Town has been awarded South Africa’s first ever Green Star SA rating for an industrial property.

Growthpoint Properties has announced it will dispose of a portfolio of 13 non-core office properties on an invited tender basis.

While the look ahead will be challenging for the South African property industry as a whole, there are still pockets of opportunity for investors, landlords and tenants, says Tim Cable, director, who now heads up the real estate sector in South Africa for global professional services consultancy, Turner & Townsend.

Following the uncertainty prior to the elections, the second half of the year should be much more positive for the property sector, according to Norman Raad, CEO of Broll Auctions and Sales.

To meet the demands of the growing number of companies looking to improve the utilisation of their office space, listed real estate investment trust Redefine Properties (JSE: RDF) has partnered with global flexible workspace company Regus to grow its footprint in this exciting market segment.

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