Property fund Orion Real Estate (ORE) on Friday reported an improvement in headline earnings per linked unit to 0.30c in the year to June‚ from 0.07c in prior comparable period.
Revenue slipped to R91.2m‚ from R95.4m previous...
How will speedier bandwidth and increased usage of smartphones and tablets change the way South Africans shop? And will traditional bricks-and-mortar malls become obsolete as e-commerce gains traction?
ALTHOUGH data shows the direct property sector delivered an improved 9.2% return for the first six months of this year, industry pundits expect price weakness in the listed sector to gradually filter to the direct market.
Atterbury Group’s Attacq‚ which is seen as the most keenly awaited property listing in recent years‚ is expected to list on the JSE on October 14 with a market capitalisation of about R8.5bn.
Total income for the tourist accommodation industry increased by 10.3% in nominal terms in July 2013 compared with a year earlier‚ according to data from Statistics SA.
Income from accommodation increased by 11.2% year on year in J...
THABANG Mokopanele speaks to Sharon Wapnick, chairwoman of Premium Properties and Octodec Investments — likely to merge — about the progress of women in real estate investment in SA.
IN LIGHT of low economic growth, how is the office sector of property performing?
Weak economic growth has seen the office market muddling along, with overall vacancies still high, particularly for older stock and secondary areas, with...
REDEFINE International, which is planning to list on the JSE next month, sees the move as part of a broader strategy to address negative market perceptions and raise the company’s profile in the UK.
Listed property investment group Putprop (PPR) on Friday reported that its dividend distribution for the year ended June increased by 9.1% to 36c per ordinary share.
THE close relationship between the yields of nominal bonds and listed property — which is causing major volatility among property stocks — is not entirely warranted given the equity attributes of listed property, some analysts say.
JSE-listed Fairvest Property Holdings (FVT) on Thursday reported that it had achieved its forecast distribution of 6c per linked unit for the year ended June 2013.
The company said 2013 “marked the start of the 'new' Fairvest with ...
The holding company of Redefine International PLC (RI PLC)‚ Redefine Properties International Limited (RIN)‚ is to seek shareholder approval to unbundle RIN and inward list RI PLC on the Johannesburg Stock Exchange (JSE).
SPIRE Property Management, which has been appointed to manage Tower Property Fund’s 27property portfolio, said this week that its plans for the portfolio include implementing Tower’s strategy to reduce occupan...
LONDON-focused real estate company Capital & Counties Properties (Capco) believes the UK capital’s property market “has very good growth prospectsâ€, says CEO Ian Hawksworth.
THE former Rooftop Market will continue pursuing legal action against Rosebank Mall owner Hyprop Investment, despite its permanent relocation from Rosebank to Norwood Mall.
The market’s operators say the relocation has proven â...
With SA boasting 60% of Africa’s total millionaires‚ international and local high-end retailers have been flocking to Cape Town’s central business district (CBD) to set up shop as the appetite for...
ONE of South Africa’s biggest shopping malls and a large portion of suburbs west of Johannesburg could be the subject of a land claim if Parliament presses ahead with plans to pass a draft bill on land restitution into law.
Sycom Property Fund (SYC) has agreed to sell the Discovery Building in Sandown‚ Sandton‚ to The Truzen 113 Trust for R413.9m‚ it said on Thursday.
The property has a single tenant‚ Discovery Health.
JSE Alt-X listed and Isle of Man based real estate investment company MAS Real Estate (MAS) has acquired 100% of the shares in Artisan IP 10‚ the company established in 2011 to acquire and develop a much sought-after mixed-use site in the heart o...
JSE-listed New Europe Property Investments (Nepi) yesterday announced an equity capital raising programme of about R465m through the issue of new ordinary shares.
The main purpose of the equity raising was to assist with the funding of...
Orion Real Estate said on Monday that its headline earnings per linked unit were expected to improve from 0.07c to approximately 0.47c for the year ended June 2013 due to improved trading results.
While Namibia’s economy is reportedly on a slow but steady path to recovery, in the office and retail sectors of the property market JHI Properties is performing well with very few ...
IPSA (IPS)‚ the AIM and AltX listed independent power plant developer with operations in southern Africa‚ on Monday reported a group loss after tax of GBP1.9 million for the year ended 31 March 2013 compared to a GBP5.6 million profit the y...
