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.

Wednesday, 13 March 2019 12:17

Executive management transition at Atterbury

Atterbury, the leading South African real estate developer and investor, has taken the next step in its leadership succession plan, restructuring and realigning its executive management.

President Cyril Ramaphosa says the financial and operational challenges faced by power utility Eskom are not caused by the Independent Power Producer (IPP) programme.

One thing is certain, apart from the overall inflationary impact, the spiralling cost of fuel directly impacts on the demand for conveniently situated, sectional title property in key economic hubs – close to the workplace, schools and all amenities.

The Rubik , a newly launched luxury mixed-use building situated in the heart of Cape Town’s CBD is set to challenge property development in South Africa with its iconic and unique architecture and design.

Tuesday, 05 March 2019 22:17

GDP grows by 1.4% in the fourth quarter

South Africa’s Gross Domestic Product (GDP) soared by 1.4% in the fourth quarter of 2018, Statistics South Africa announced on Tuesday.

Africa’s leading forum on the built environment sector – the Royal Institution of Chartered Surveyors (RICS) Summit Africa 2019 – is set to be hosted in Johannesburg’s financial district of Sandton Central in May.

A new analysis by INRIX, has shown that Cape Town’s commuting vehicle drivers, spend more time in congested traffic than those of any other major city in South Africa.

Texton Property Fund today reported a total dividend of 36.18 cents per share for its half-year ended 31 December 2018.

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