Real estate entrepreneur Bronwyn Corbett says investors who have stuck by pan-African property fund Grit Real Estate in its various guises over the past few years are finally to be rewarded.
DECREASING the listed Delta Property Fund’s gearing in a tough economic environment in which commentators expect interest rates to rise later this year, will be the focus of CEO Sandile Nomvete and his team.
REDEFINE Properties grew assets by a substantial R16.8bn, or 35%, in the 12 months to August in what CEO Andrew Konig described as a “transformative†year for the JSE’s second-largest real estate investment trust (Reit).
DELTA Property Fund will shift its focus to buy only government-tenanted assets in SA as it looks to benefit from its strong relationship with state departments.
CEO Sandile Nomvete said yesterday Delta had managed consistent returns i...
