Berry Everitt, CEO of the Chas Everitt International property group, says that the very detailed State of the Nation Address dealt with all of the economic and social issues that are currently of concern to the real estate industry, including the need to rebuild investor and consumer confidence in SA, stimulate economic growth, accelerate job creation and eliminate widespread corruption.

A highlight on South Africa’s political calendar kicks off tomorrow at 17h00.

The Atterbury Theatre has undergone a major revamp after almost eight successful years and 2,450 performances, productions and features enjoyed by some 731,630 people.

After an unexpectedly tough 2018, but with the welcome announcement that the repo rate remains unchanged following this first MPC meeting of the year, the outlook for 2019 is somewhat brighter.

The SA REIT sector’s focus on improved corporate governance is expected to support positive sentiment for investment in listed property in 2019.

Moody's Investors Service has affirmed NEPI Rockcastle’s long-term credit rating and senior unsecured rating at ‘Baa3’ and changed the outlook from positive to stable.

One of South Africa’s leading office and industrial real estate consultancies, Knight Frank South Africa, has rebranded to Galetti Corporate Real Estate after concluding an investment deal with black-owned private equity business, Symmetry Capital Partners.

The SA REIT sector is set to deliver double-digit total returns to investors next year.

Monday, 10 December 2018 20:51

Acquisition of Investment Property

In keeping with the group’s strategy of investing across the broader European market, shareholders are advised that MAS, through a subsidiary of PKM Investments S.á.r.l., has acquired the Atrium Mall shopping centre in Arad, Romania from Cosmovia Holdings Limited, a member of the well-known Demjan Group based in Hungary.  

Growthpoint Properties continues to grow internationally with a further ZAR908 million investment in Australia.

Page 8 of 36

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