Office rentals during the third quarter of 2005 grew by 12% in the Johannesburg, Cape Town, Durban and Pretoria CBDs and 5% in the decentralised nodes (A-grade space in suburban areas), the latest Rode Report revealed.
During the third quarter of 2005, listed property fund prices soared further owing to marginally declining income yields and solid income stream growth, says the latest Rode Report.
The listed property sector in South Africa may have produced returns as high as 45% in terms of it’s combined share price appreciation, and distributions. Angelique de Rauville from Investec listed property company Provest loo...
In the first deal of its kind, listed property loan stock company Pangbourne Properties, has acquired 48 industrial, commercial and retail properties from the Transnet Retirement Funds Property Trust (TRFPT) for R1,4bn.
Hosken Consolidated Investments (HCI) yesterday flexed its muscle as Johnnic's new controlling shareholder, scuppering the group's R675 million cash and share bid to buy Nafhold, despite a number of last-minute attempts to sav...
THE JSE'S PROPERTY unit trust (PUTs) and loan stock companies (PLSs) are becoming increasingly innovative in finding cheaper alternatives to traditional bank funding. And it seems that tapping into the capital markets is fast bec...
IN THE LATEST issue of Plus 50, a magazine aimed at senior citizens, PricewaterhouseCoopers director Jan Swanepoel warns against financial scams. He says: "Many people have lost money by investing in unlawful investment schemes that promise excepti...
ALTHOUGH, historically, listed property tends to trade at a discount to government long bonds because of the higher risk associated with property, it has traded at a slight premium in recent months.
The first big investment in the Port Elizabeth Central and North End business district is well under way after the national government declared the area an urban development zone this year.
CAPE TOWN — The Cape Town city council has cut its spending plans for the next three years, saying planned allocations from provincial and national government did not materialise.
DEMAND by investors for sectional-title office and industrial properties has increased significantly over the past 18 months, and more of these types of products are expected to hit the market next year.
This has been an unprecedented year for activity in the industrial property market according to Andy Beddow, Director of Baker Street Properties. Beddow says," Vacant industrial land has more than doubled in value in the past ...
ALTHOUGH the Cape Town residential property market is cooling off, the same cannot be said for the commercial property sector, which includes offices, retail and industrial properties.
CBS Property Portfolio Limited has acquired 7 prime properties for R122 million, including the unique Simonstown Boardwalk Centre, at a combined initial forward yield of 10.38%.
Goodyear South Africa has signed a 10 year lease with Metboard Properties Limited for 16,024m2 in Germiston, Ekurhuleni in a deal valued at R43,6 million.
Listed property loan stock company Atlas Properties yesterday reported a 6,3% increase to 105c in its distributions for the year to September, compared with the previous year.
The multiple auction scene drew to a close for the year in Gauteng this week with two auctions held by Auction Alliance and Aucor at which more than 30 properties were sold, including a vacant multimillion-rand office complex in ...
