Texton Property Fund Limited (JSE:TEX), a South African real estate investment trust (REIT) has appointed Nic Morris  as its Chief Executive Officer (CEO), with effect from 1 December 2016.

Two sites at the Cornubia mixed-use development north of Durban, will break ground early in 2017. 

Growthpoint Properties today announced it will subscribe for an initial 26.9% stake in London Stock Exchange Alternative Investment Market listed Globalworth Real Estate Investment Limited, the largest owner of office space in Romania.

One of the country’s foremost black owned healthcare groups Busamed today announced the opening of the world class Modderfontein Private Hospital & Oncology Centre on the footprint of Zendai Development’s Modderfontein New City. The state-of-the-art tertiary hospital will offer comprehensive healthcare services to communities in and around Modderfontein.

Lease-back sales are fast gaining traction in the South African marketplace, now a preferred option for many commercial and industrial property owners and an increasingly popular component of company financial management.

Balwin, South Africa’s largest homebuilder focusing on large scale sectional-title residential estates in high-growth, high-density metropolitan nodes in South Africa’s major cities, this morning announced a solid operational performance for the six months ended 31 August 2016.

Tuesday, 15 November 2016 07:16

Cape Reit fund in pioneer JSE listing

Cape Reit Spear Reit becomes the first Western Cape region-specific property fund to list on the JSE.

JSE listed Trematon Capital Investments Limited (“Trematon”, “the Group” or “the Company”), the Western Cape focused actively managed Investment Holding Company, today announced solid financial results for the year to 31 August 2016.

Wednesday, 09 November 2016 16:05

Dipula Income Fund delivers top end distributions

JSE diversified REIT, Dipula Income Fund, continued its distribution growth trend despite the challenging property market, with an 8% increase year-on-year to 185,97 cents a share for the year to August 2016 off the back of mainly organic growth.

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.

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