eProperty News

Redefine Properties, which manages a diversified property asset platform of local and international investments, is relentlessly pursuing strengthening its balance sheet with a primary priority on right-sizing its asset footprint to its capital base in volatile global and local financial markets.

NEPI Rockcastle continues to leverage on its strengths and consolidate its position as the dominant, high-quality shopping centre owner with the most robust management platform in Europe’s highest growth region.

A creative approach to leasing deals is helping innovative landlords offset the challenges of high vacancies in an overstocked Nairobi office market, according to Broll Property Intel’s latest Kenya Office Market  Snapshot H1:2019 report.

Shareholders in JSE-listed REITs, Gemgrow Properties  and Arrowhead Properties ( gave their stamp of approval at their respective shareholder meetings on Thursday, 22 August 2019 to the reverse takeover of Gemgrow by Arrowhead, launching a R16 billion (including listed investments), South Africa-focused property fund.

RDI, the income focused UK-REIT, is pleased to confirm that, further to the announcement on 5 June 2019, the Company has completed the second and final stage of its £75.0 million London Serviced Office portfolio refinancing.

JSE listed diversified real estate investment trust Redefine Properties has earmarked R2 million towards beautifying and upgrading the Library Park infrastructure in a major way as part of Johannesburg City Parks & Zoo’s (JCPZ) commitment to maintaining Rosebank’s green beltways.

Iulius Town Timisoara, developed by the joint venture of Atterbury Europe and dominant Romanian real estate name Iulius, will open on 30 August 2019 to become western Romania’s first mixed-use development and the largest real estate investment in the region.

Known for the finest in convenience shopping and its chic and stylish mix of local and international brands, a decade since opening Morningside Shopping Centre remains absolutely in step with its discerning shoppers’ high expectations.

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