Saturday, 29 September 2018 14:11

Fixing the Leakage in Infrastructure Investment

President Cyril Ramaphosa announced Government's eagerly awaited economic stimulus package at a briefing in Pretoria on Friday aimed at driving economic growth.

RDI, the income focused UK-REIT, today announces that it has completed the acquisition of Southwood Business Park, an industrial estate in Farnborough, Hampshire for a total consideration of £26.3 million, reflecting a net initial yield of 6.2%.

Grit, the only listed Africa-focused income distribution group to offer international property investors access to high growth opportunities in thriving African economies,  outside of South Africa, continued on its strong growth trajectory, reporting solid financial results for the year ended 30 June 2018.

JLL & LaSalle’s Global Real Estate Transparency Index highlights urgent need for further improvements to meet the growing expectations of business, investors and communities.

Wednesday, 12 September 2018 13:39

Plans for Tinley ups KZN Coast's tourism stakes

Tinley is one of Tongaat Hulett’s northern development initiatives and one of significant tourism potential. Featuring kilometres of pristine coastline, lagoon, indigenous coastal forest and a key location within KwaZulu-Natal’s primary growth corridor, Tinley is uniquely positioned to accelerate tourism development.

With all development rights in place, civil construction on the much awaited Ntshongweni Urban Development will commence in early 2019.

Attacq Limited (“Attacq”), a South African-based and JSE listed REIT, today reported results for the year ended 30 June 2018.

Tuesday, 04 September 2018 17:29

Downgrade risk returns as SA enters recession

Poor GDP figures released today revealed that South Africa has entered a technical recession following two consecutive quarters of negative economic growth, heightening the country’s risk of suffering yet another credit downgrade in the second half of the year, says Citadel Chief Economist and Advisory Partner Maarten Ackerman.

The fourth and final phase of the popular Willow Wood Office Park, developed by Heartwood Properties, in Fourways in Gauteng, is currently under construction and due for completion in March next year.

Cape Town, 4 September 2018. South Africa’s top performing SA REIT Fairvest Property Holdings Limited (“Fairvest”) today announced solid results for the year to 30 June 2018, with annual distributions increasing by 9.91% to 20.150 cents per share. 

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