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JSE-listed real estate investment trust Spear has broken ground on its R400-million investment into the Airport Business Park, in George, in the Western Cape. The 19.5 ha development will provide a...
JSE-listed Emira Property Fund has posted an 18% year-on-year decrease in distributable earnings of R310-million for the six months ended September 30, mainly owing to disposals and lower income...
JSE-listed real estate investment trust Dipula Income Fund increased its revenue by 3% year-on-year to R1.4-billion and its net asset value (NAV) by 2.1% year-on-year to R6.1-billion for the...
JSE-listed real estate investment trust Equites has raised R500-million through the public auction of a five-year listed senior unsecured floating rate note in the South African debt capital...
Financial services firm Liberty has finalised the acquisition of real estate investment trust Liberty Two Degrees' (L2D's) minority shares at R5.55 a share and terminated the listing of L2D shares...
Precast construction company Peikko South Africa completed the columns for the 5 100 m² Reserve 5 factory and warehouse project, in Cape Town, for Cream Properties in one week. The factory and...
JSE-listed residential property developer Balwin Properties has launched its Balwin Approved trade-in programme, which enables homeowners to trade in their current Balwin apartment for a new Balwin...
JSE-listed real estate investment trust Redefine Properties increased revenue by 20.2% to R9.9-billion for the year ended August 31, and declared total dividends for the year of 43.8c a share, up...
Contract changes within the construction industry and conditions that are slashing margins are becoming a growing threat to contractors, “contributing to the downward spiral of the construction...
Independent logistics service provider Seabourne Logistics announced in September that it would be moving into a new, “expansive” facility in Gauteng, South Africa. The new 22 000 m2 premises...
JSE-listed residential- and retail-focused real estate investment trust Octodec has increased revenue by 3.3% to R1.99-billion for the financial year ended August 31. It also increased its...
JSE-listed Balwin Properties’ results for the six months ended August 31 have revealed a 33% growth in gross profit margin and a gross profit of R396-million, continuing the company’s recent margin...
The Eastern Cape Development Corporation (ECDC) has announced plans to raise R900-million in private investment and R468-million in public funding by the end of the 2027/28 financial year to...
Retail-focused real estate investment trust Hyprop has announced it will acquire Table Bay Mall, in Cape Town, for R1.6-billion. The company aims to increase its exposure to favourable...
JSE-listed residential property development and investment company Calgro M3 grew its revenue by 13.5% to R688.9-million, increased cash by 11.2% to R191.9-million, maintained net debt to equity at...
Tenanting is set to begin in November on the 330-unit first phase of the Goodwood social housing megaproject, which will, once completed, provide affordable rental opportunities for more than 1 000...
Specialist logistics real estate investment trust Equites Property Fund achieved distributions a share of 65.37c for the half year to August 31, in line with market guidance, and is on track to...
JSE-listed Balwin Properties inaugurated a newly built dual carriageway on October 6. It is hoped that the new carriageway will alleviate traffic congestion in the Hazeldean area in Pretoria East....
Real estate firm Lango has appointed Rand Merchant Bank (RMB) to act as sole sustainability adviser and coordinator for its first $325-million sustainability-linked financing package, which is...
Wilson Bayly Holmes-Ovcon (WBHO) is back, “and we are back on a very strong footing”, says CEO Wolfgang Neff. “We had an exceptional year in a difficult period.”
Real estate investment trust (Reit) Attacq, which is celebrating its tenth year as a JSE-listed company, exceeded its distributable income per share (DIPS) guidance of between 8% and 10% for the...
African connectivity, digital and financial services company, Vodacom is on track to finalise the transformation of its Midrand campus, in Gauteng, into a 10.5 gigawatt-hours-a-year grid-based...
JSE-listed real estate investment trust Hyprop reported a 24% increase in distributable income to R1.451-billion for the full year ended June 30, as the four Eastern European centres were...
Student accommodation real estate investment trust Growthpoint Student Accommodation recently took media on a tour of some of their student residences. Schalk Burger was on site.
Tenanting is set to begin in November on the 330-unit first phase of the Goodwood social housing megaproject, which will, once completed, provide affordable rental opportunities to more than 1 000...
JSE-listed real estate investment trust Attacq, which is developing Waterfall City, in Gauteng, has concluded its landmark R2.7-billion transaction with the Government Employees Pension Fund...
JSE-listed real estate investment trust Growthpoint Properties South Africa has become the first party in South Africa to wheel renewable electricity through Cape Town’s energy grid, in...
JSE-listed real estate investment trust Emira Property Fund has crossed the halfway mark in selling the 282 apartments in its office-to-residences conversion of The Bolton, in Rosebank, as it...
There are many strides being made by businesses and property owners in the country to provide some relief to consumers and tenants from persistent loadshedding. This is despite several challenges...
Wilson Bayly Holmes-Ovcon (WBHO) is back, “and we are back on a very strong footing”, says CEO Wolfgang Neff. “We had an exceptional year in a difficult period.”
Diversified miner Anglo American in August announced the handover of its 45 Main Street building, in the Johannesburg central business district (CBD), to nonprofit private education institution the...
International property company Growthpoint Properties has reported a 1.3% year-on-year increase in distributable income per share to 157.6c for the financial year ended June 30. Revenue increased...
Real estate investment trust Equites Property Fund has raised R750-million in the South African debt capital market in a public auction of senior unsecured floating rate notes maturing in June 2026...
JSE-listed Rebosis, which is in business rescue, has entered into a portfolio sale agreement between Phahlani Lincoln Mkhomo and Jacques du Toit in their capacity as the duly appointed joint...
AltX-listed real estate investment trust Spear will start with Phase 1 bulk infrastructure construction for its new R400-million industrial development GTX Park, in George, in early October. The...
JSE-listed real estate investment company Fortress has increased its portfolio of direct real estate assets to R30-billion and achieved the lowest vacancy rate of 3.7% since its listing in October...
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