Delta Property Fund, a specialist black-managed and substantially black-owned REIT with a significant sovereign underpin, today reported results for the year ended 28 February 2019 reflecting the toughest operating year in the Fund’s history.

When people want to invest in real estate they usually secure a loan to purchase a property – either residential or commercial.

Redefine Properties (JSE: RDF), which has increased its distribution for the six months ended 28 February 2019 by 4.0% to 49.2 cents, continues to build a solid platform for sustained growth and value creation despite ongoing economic and political uncertainty.

Investec Australia Property Fund (IAPF or the Fund) is pleased to announce a final distribution of 5.18 cents per unit (cpu) pre-withholding tax (WHT) and 4.75 cpu post-WHT (2018: 5.08 cpu pre-WHT and 4.65 cpu post-WHT).

Growth in the value of outstanding credit balances in the South African household sector.

Buying a new home continues to become more affordable as weakening housing demand results in ongoing negative real price growth (after inflation) in the residential property market.

The value of outstanding credit balances in the South African household sector increased by 5,9% year-on-year (y/y) to R1 653,3 billion up to the end of February 2019 (3,9% y/y at end-February 2018), with growth in total credit balances as well as secured and unsecured credit balances remaining unchanged from end-January. 

Brainworks a Mauritian-based JSE-listed holding company with a diversified Zimbabwean investment portfolio – released its trading statement and operational trading update for the year ended 31 December 2018 (“FY18”).

Growthpoint Properties today announced 5.9% growth in distributable income to R3.1bn with revenue from the group increasing 4.3% for its half-year to 31 December 2018, representing dividend growth of 4.5% per share for investors.

Growth in the value of outstanding credit balances in the South African household sector, which amounted to R1 641,5 billion, increased further to 5,9% year-on-year (y/y) at end January from 5,7% y/y at end-December and 3,7% the end of January last year.

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