Emira Property Fund has made two further equity investments into grocery-anchored dominant shopping centres in the USA, both located in the state of Texas.

More family fun, more good food, more shopping and convenience than ever before – that’s what the multi-million rand 8000m² expansion of Midwater Centre in Middelburg, Mpumalanga, has brought to the local community.

Last week’s NERSA decided to allow a further above-inflation tariff hike.

Many point to online retail as a key challenge to the Retail Property Sector, and no doubt it is one of the challenges, as technology marches forth.

Growth in trading density (sales per square metre) in 2018 at monitored shopping centres in South Africa and Namibia continued to improve after a lacklustre 2017, according to a retail property barometer.

Vukile Property Fund will appoint respected stalwart of South Africa’s listed property sector, Laurence Cohen, as its new Chief Financial Officer.

JSE-traded EPP, the pure Polish retail property fund, delivered a total return of 21% in 2018 to significantly outperform the market, making it the top performing listed property company of the year. This is a significant difference from the benchmark index (SAPY) total return of -25%.

South Africans invested in Polish retail property are well positioned to benefit from the country’s growing consumer spend and the popularity of mall shopping among Poles.

Vukile Property Fund today reported 7.5% growth in dividends to 78.1 cents per share for its half-year to 30 September 2018, which is well in line with its full-year guidance.

On 4 October 2018 a consortium comprising the Peel Group (‘Peel’), the Olayan Group and Brookfield Property Group (together the ‘Consortium’) announced they were in the preliminary stages of considering a possible cash offer for intu.