JSE-listed Arrowhead Properties, has hit the headlines today after revealing a bid to buy diversified real estate investment trust (REIT), Emira Property Fund in an all-share deal.
Despite the growing recognition of sustainable practices and green buildings, concern within the facilities industry continues due to lack of accurate quantifiable information regarding the financial cost and economic impacts of high-performance buildings.
The Government Employees Pension Fund (GEPF), SA's largest pension fund, has approved R10.5 billion facility to lender SA Home Loans, in-order to boost government employees and the public access to housing.... Full story
International Hotel Group (IHL)‚ which recently released its half-year financial results, plans to move from the AltX to the JSE’s main board.... Full story
The Monetary Policy Committee’s decision to further increase the repo rate steady was unfortunate off the back of the January hike and given the pressing need to help stimulate growth in South Africa’s economy... Full story
Shopping Centre demand in Pretoria East is almost tipping over, but more malls are still coming online — raising the likelihood of an over-supply of retail stock in the region.... Full story
South Africans have welcomed the decision by the Monetary Policy Committee of the South African Reserve Bank to retain the repo rate at 7%, making it easier for real estate business to prosper. ... Full story
General News >>
Pretoria — Irregular as well as unauthorized expenditure in the SA’s municipalities has more than doubled since the current administrations took office five years ago, to R14.75bn, Auditor General Kimi Makwetu revealed Wednesday.... Full story
Company News >>
Engineering consulting company, GladAfrica and South African Property Owners Association (SAPOA), have signed a landmark three-year platinum partnership agreement.... Full story
While other building material and industrial mineral companies have struggled to live up the hype, Afrimat and Corobrik on the other hand have been thriving despite a weak economy.... Full story
Africa property industry still represents good value for investors wanting a relatively secure income stream despite challenges that faces the continent.... Full story
Britain’s vote to leave the European Union (EU) has thrown most UK-focused property funds into disarray but this immediate impact on Redefine International is not a “major concern”.... Full story
Despite the growing recognition of sustainable practices and green buildings, concern within the facilities industry continues due to lack of accurate quantifiable information regarding the financial cost and economic impacts of high-performance buildings. ... Full story