Wednesday, 03 April 2019 13:32

An ever-evolving retail property market

Competition in South Africa’s retail market is intense, with more than 25 million square metres of formal retail space currently, in excess of 2,000 existing shopping centres and close to three million square metres of formal retail space in the pipeline.

London Stock Exchange listed Grit, the only listed Africa-focused income distribution group to offer international property investors access to high growth opportunities in thriving African economies outside of South Africa, today announced robust interim results for the period ending 31 December 2018, despite challenging retail market conditions.

Abland, one of South Africa’s leading property developers for over 30 years has partnered with Retail Africa as developers for the refurbishment of Norkem Corner shopping centre in Kempton Park.

JSE specialist shopping centre REIT, Hyprop, continued delivering strong growth in a tough economy with a total dividend per share of 756,5 cents for the year to June 2018, which was 8,8% higher than last year.

Intu Properties-Interim results for the six months ended 30 June 2018 winning destinations drive a resilient performance in a challenging market.

Wednesday, 20 June 2018 19:47

Accelerate positioning well for the future

Accelerate Property Fund, the JSE listed REIT invested significantly in the growth and development of Johannesburg’s Fourways node, has announced its results for the year to 31 March 2018, reflecting a 57,56 cents per share distribution for the year, in line with guidance. 

Tuesday, 19 June 2018 14:07

A smart future for African real estate

Regarded as the continent’s premier gathering for key African policy makers, developers, corporates, and investors, the 9th annual Africa Property Investment (API) Summit & Expo will be held this year at the Sandton Convention Centre, Sandton Central, on Thursday 20 and Friday 21 September 2018.

Tuesday, 12 June 2018 22:05

Exemplar REITail Limited lists on JSE

The company was created from the core of McCormick Property Development (MPD) – a company with over 35 years of experience in the development and management of rural retail centres.

JSE-listed Echo Polska Properties (EPP), the leading owner and operator of shopping centres in Poland, has officially announced that a change of its company name from Echo Polska Properties N.V. to EPP N.V. has been registered by the trade register of the Dutch Chamber of Commerce.

New report overviews increased competitiveness of economy, FDI and REITS contribution to boosting real estate growth.

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