A SOUTH African and a Pole walk into a bar in London.
The one, Marc Wainer, a huge rugby fan and chairman of Redefine Properties, was nursing his sorrows after the Springboks were thrashed by New Zealand in the semifinals in the 2015 R...
UK-based property fund Redefine International grew its dividend per share 1.6% in the six months to February, in line with targets. The company was on course to deliver strong income payouts, CEO Mike Watters said on Tuesday.
LISTED property group Attacq opens the R5bn 130,000m² Mall of Africa on Thursday, hoping to serve an insatiable demand by South Africans for shopping centres.
The mall in Waterfall City, Midrand, offers an extensive array of tenants...
A investors looking to own a piece of the UK real estate market are becoming spoilt for choice, as the JSE’s property sector continues to grow its exposure to Britain.
Last week, both New Frontier Properties and Atlantic Leaf P...
Accelerate Property Fund has joined a host of South African funds investing in central and eastern Europe, announcing a R2.3bn property deal that includes retail assets in Austria and Slovakia.
CAPE TOWN — Public Works Minister Thulas Nxesi yesterday claimed significant success in retrieving state property that had been stolen or occupied illegally.
His department is investigating the status of almost 10,000 properties...
GAMING and leisure group Tsogo Sun is set to gain the income benefits of having a portion of its hotel assets in a real estate investment trust (Reit) structure when it gains control of Hospitality Property Fund.
The 7.7% increase in cement sales volumes in 2015 to 13-million tons after a 0.8% drop in 2014 suggest a booming construction sector. This is because the cement-intensive infrastructure projects such as the new Eskom powe...
REBOSIS Property Fund has grown assets under management by a hefty 50% to R11.8bn in the six months to February, thanks to a push into the UK property market.
Most of the growth came from the counter’s entry into the UK retail p...
New Europe Property Investments (Nepi) has finalised its buyout of the Forum Ústà nad Labem shopping centre in the Czech Republic for €83m, from existing cash resources.
Rebosis‚ the owner of Pretoria’s Sunnypark and Bloed Street malls‚ East London’s Hemingways Mall and Mdantsane City shopping centre — on Thursday declared a 56.79c per share dividend for the six months to end-February.<...
OUTH AFRICAN property players are making impressive strides in building a presence in the UK real estate market. Both New Frontier Properties and Atlantic Leaf Properties yesterday declared a solid set of results for the February reporting period, as t...
THE Africa Rising narrative is holding strong in the continent’s hospitality sector, particularly in Nigeria and Angola, despite the contraction in these economies due to the lower oil price.
Cape Town’s central business district (CBD) has experienced a boom in property values over the past decade with investors flocking to the area, according to the latest State of Cape Town Central City Report pr...
Listed property has been the best performing of the traditional asset classes so far this year, staging a strong recovery in recent weeks following the release of better-than-expected results for the December reporti...
HOSPITALITY Property Fund (HPF)’s shareholders are likely tomorrow to vote in favour of a new capital structure and a share deal that would see it become the hotel arm of gaming and leisure group Tsogo Sun.
DESPITE appealing returns in the industrial real estate market, many listed property companies may struggle to translate these into higher rentals when leases come up for negotiation.
Europen-focused MAS Real Estate has acquired a portfolio of 20 buildings through a sale and leaseback arrangement from major German food retailer Edeka-Miha.
Germany-focused business park owner Sirius Real Estate (SRE) expects its dividend to rise 25% in the year to March thanks to new acquisitions and an effective capital expenditure programme.
Hotel‚ gaming and entertainment group Tsogo Sun‚ through it subsidiary Tsogo Sun Gaming‚ will acquire a 20% interest in each of SunWest International and Worcester Casino for R1.35bn‚ the group announced on Monday.
AltX-listed Sirius Real Estate intends replacing a EUR111m debt facility with a EUR137m facility at better interest rates‚ the German-focused property group said in a trading update on Monday.