Stenprop, the UK multi-let industrial property investor, has acquired an industrial estate in Bridgwater, Somerset, in an off-market deal from a private investor for £4.8 million, which reflects a net reversionary yield of 6.9%.

Balwin Properties, the JSE’s only national large-scale developer of turnkey sectional-title apartments and surrounding infrastructure aimed at the mid- to upper market segment, today reported strong financial growth for the interim financial period ending 31 August 2018.

Labour issues, late payment and slow growth ‘catastrophic’ for the sector, says Master Builders’ Association North.

The results of Consulting Engineers South Africa's (CESA) Bi-annual Economic and Capacity Survey for the period January to June 2018 recently released indicates positive news, that the construction sector has seen growth for the first time in six quarters. 

JSE-listed Emira Property Fund will take a minority stake in JSE AltX-listed Transcend Residential Property Fund, furthering Emira’s stated strategy of expanding its investment in residential rental property.

Wednesday, 10 October 2018 11:20

Green Stars rising in Mauritius

Mauritius, the business-friendly island nation, is celebrating their first Green Star rating at the Mon Tresor Business Gateway. The Mon Tresor Smart City is one of several schemes aimed at consolidating the convenience of Mauritian international business and financial services through helping residents’ work-life balance.

“Overall many key African hotel markets reflected a positive turnaround in tourism in the first half of 2018,” says CEO of HTI Consulting, Wayne Troughton. “Though many of these markets continue to trade off a low base, the positive growth in room nights sold bodes well for future occupancy increases and hotel supply,” he states.

When it comes to property, the adage goes, “Position. Position. Position.” That’s why Broll Property Group is proud to take its position as Platinum Sponsor of the Africa Property Investment Summit & Expo 2018 (API 2018).It will be held in Sandton, Johannesburg, on the 20th and 21st of September.

The opportunity for African countries in supporting the growth and development of their affordable housing industries is immense and transformative.

JSE REIT Stor-Age, the leading and only listed self storage property fund in South Africa, yesterday closed its accelerated bookbuild.

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