In a surprise move‚ Investec Bank will buy back its Sandton head office from SA’s largest listed real estate group‚ Growthpoint Properties‚ for R2.2bn.
The rebound in the FNB/BER building confidence index is a “positive surpriseâ€, says John Loos, property economist at FNB. But he warns it comes off a low base and will be difficult to sustain given the poor econ...
Shopping mall owner Hammerson plc says it will not be derailed by an opportunistic share and cash takeover proposal by France’s Klépierre‚ claiming it undervalues the JSE-listed retail real-estate investment tru...
Growthpoint Properties Limited has confidently achieved on-target performance with the distribution growth of 6.5% per share for the six month interim period to the 31st of December 2017.
Growthpoint increased total distributable income by 10.6...
