Tuesday, 20 September 2016 13:58

Hidden gems in Sasolburg's real estate market

Established just over 60 years ago to provide housing, schools and other amenities for the employees of Sasol’s first coal-to-oil refinery, Sasolburg is still a “company town” in the sense that its economic wellbeing is still largely dependent on a few big manufacturing plants.

The listed property sector has managed to outperform other equities but has been outdone by bonds during 2016 so far.

Echo Polska Properties N.V. (EPP), a leading Warsaw-based real estate investment fund debuted on the main board of the Johannesburg Stock Exchange (JSE) today under the abbreviated name “PolskProp” and JSE share code of EPP. Hadley Dean, EPP’s Poland based CEO was present to blow the traditional kudu horn to commemorate the company's entry on the JSE.

Attacq Limited today posted its annual results for the year ended 30 June 2016.

Growthpoint Properties’ industrial portfolio delivered the highest returns to investors in its sector for the three years ending December 2015, as recorded in the MSCI database.

Mara Delta,  (formerly Delta Africa), the first multi-listed property fund to offer international property investors direct access to immediate high growth opportunities on the African continent outside of South Africa, today announced robust financial results for the year ended 30 June 2016.  

JSE-listed diversified real estate investment trust Redefine Properties (JSE: RDF) has announced its intention to acquire the entire issued share capital of The Pivotal Fund (JSE: PIV).

Diversified property REIT, Texton Property Fund (“Texton”) today announced robust final results for the year ended 30 June 2016, declaring a total dividend of 103.63 cents per share (2015: 94.77 cps), a 9.4% increase, following the successful implementation of its diversification strategy geographically into the United Kingdom (UK) and across sectors.

Vukile Property Fund, Arrowhead Properties and Synergy Income Fund  today announced they have concluded agreements for a landmark transaction that will create a high-yield, high-growth fund within the existing entity of Synergy – to be renamed GemGrow Properties Limited.

Commercial properties can host a variety of different tenants. What makes the property successful for both landlord and tenant will be whether the tenant mix works for everyone.

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