Monday, 11 November 2019 18:24

Massive property auction on behalf of Telkom

GoIndustry DoveBid SA (GoIndustry) is hosting a massive property auction on behalf of their long-standing client, Telkom.

Spear REIT Limited (SEA:SJ) on Friday 1st November announced the acquisition of the Liberty Life Regional Head Office from Liberty Group and 2 Degrees Properties for R 370 million.

A decade of corporate semigration and decentralisation fuelled the Winelands commercial sector, with increased demand boosting development, however, this has begun to taper off,

precipitating a number of significant market shifts.

Commercial property development company, Heartwood Properties , has revealed a 30% increase in their portfolio value, and a 29% increase in net asset value at the end of their first year as a listed company on the 4AX (4 Africa Exchange).

Growthpoint Properties has posted results for the year to 30 June 2019 with distributable income growth of 5.3% and dividends per share up 4.6%, outperforming its market guidance marginally.

Tuesday, 20 August 2019 22:52

SARB Leading Business Cycle Indicator

SARB Leading Business Cycle Indicator – Further decline in June SARB Leading Business Cycle Indicator reading suggests likely further new mortgage lending and building weakness.

A few months on from the May general election, a somber mood is once again settling in in the country, and one senses that there is a feeling that structural policy reforms that had been hoped for under a new presidency are not easily going to be forthcoming.

Waterfall Management Company has been honoured with the Best Mixed-use Development in South Africa 2019/2020 award for the Waterfall development.

Broll Property Group, the largest independently owned Pan-African commercial property services company, has entered into an exclusive affiliate arrangement with Cushman & Wakefield, a leading global real estate services company.

In the week ahead, the South African Reserve Bank (SARB) Monetary Policy Committee (MPC) will meet to deliberate on interest rates from the 26-28 March, and FNB expects it to leave its policy Repo Rate unchanged at 6.75%.

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