Standard & Poor's Global Ratings has again downgraded SA's foreign and local currency ratings by one notch each to BB and BB+ respectively.

JSE-listed diversified Real Estate Investment Trust (REIT) Redefine Properties (JSE: RDF) continues to advance its geographic diversification strategy with a strategic 25% stake in a 1 billion euro retail portfolio of 28 quality, established and well located assets across Poland.

Investec Property Fund (“IPF” or “the Fund”) is pleased to announce an interim dividend of 68.37 cents per share (cps) for the six months ended 30 September 2017 (Sept 16: 60.91 cps).

Delta Property Fund, a specialist black-managed and substantially black-owned REIT with a significant sovereign underpin, today reported flat interim results for the six months ended 31 August 2017.

JSE REIT Stor-Age, the leading and only listed self storage property fund in South Africa, has closed its accelerated bookbuild to fund the acquisition of the sixth largest self storage brand in the United Kingdom, Storage King.

Equites Property Fund Limited today announced a 12.02% increase in half year distributions to 60.98 cents per share, which is at the upper end of its guidance of 10%-12% distribution growth for the 2018 financial year. 

Brainworks Limited (“Brainworks”) debuted successfully on the JSE Main board under the “Equity Investment Instruments” sector earlier this morning under the abbreviated name “Brainwrks”, [JSE code: BWZ].

JSE listed Echo Polska Properties (EPP) today announced an agreement to dispose of an office portfolio for 160 million.

Fairvest Property Holdings Limited (“Fairvest”) today announced strong results for the 2017 financial year.

Property Studies students make their mark in the property sector.

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