Building on its globally-recognised Integrated Facilities Management business, JLL (NYSE: JLL) today announced that it has reached a definitive agreement to acquire Integral UK Ltd., the UK's leading provider of mechanical and electrical property maintenance, in a move that will make JLL one of the largest mobile engineering services providers for property worldwide.

Growthpoint will not rush into other emerging markets, but instead bide its time and continue to grow its existing investments in Australia.

Property group Resilient says it increases its dividend payment for the six months to end December by 25.2% to 232.46c per share.

Texton Property Fund concluded an agreement to acquire a retail park located in a prime location in Camborne in the UK (“Camborne Retail Park”) for £9,850,000 at an acquisition yield of 6.40%.

Schroder European Real Estate Investment Trust becomes the latest offshore property fund to list on the JSE, raising about R2.4bn in its initial public offering.

The SA Listed Property Index (SAPY) recorded a negative total return (-0.50%) for the month ended 30 November 2015. 

Sirius Real Estate’s self-storage business performs strongly this year‚ supported by demand for space from consumers.

Atterbury Europe is a new company incorporated in the Netherlands that focuses on shopping centre investments and retail development opportunities in Europe, particularly the nascent eastern European region.

Monday, 10 August 2015 22:35

Rental growth strong on Alantic Seaboard

Following the trend in the property sales market, there is a lack of stock in the rental market in the upper price bracket, which is resulting in landlords being able to achieve higher market rental prices, says Michael Bauer, managing director of IHPC estate agency.

MAS Real Estate reported an adjusted net asset value (“NAV”) per share of 114,5 euro cents as at 31 March 2015, representing a cumulative 10,3% increase for the 9 months since the end of the previous financial year being 30 June 2014.

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