Rand-hedge property stocks such as Capital & Counties Properties, Redefine International, Capital & Regional, MAS Real Estate and Intu Properties plummeted Friday after the U.K. voted to leave the European Union — dubbed "Brexit".
Emira Property Fund has warned that its results for the year 2017 could be lower than the audited results for the previous year.
Black-owned property group, Rebosis Property Fund pushed up total assets under management to R18.6 billion after a R6 billion acquisition that will substantially increase the group’s exposure to retail assets.... 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
On Youth Day, 16 June 2016, 27 children from the Villa of Hope Children’s Home in Nancefield, south of Johannesburg will be treated to a day of entertainment and bowls training by some of the country’s top bowlers at the Linden Bowls Club in Linden. ... Full story
There is significant interest from property investors on the north coast of Durban due to increased economic activity at Africa's first purpose-built aerotropolis, the Dube TradePort, home to King Shaka International Airport.... 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 >>
The Green Building Council South Africa (GBCSA) today announced, its chief executive officer, Brian Wilkinson, will be stepping down as CEO for his early retirement.... Full story
General builder confidence declines from 46% to 44% in the first quarter of 2016, which is the result of a slowdown in building activity and increasing pressure on profitability.... Full story
In the past 5 years, Sub-Saharan Africa has made the world’s strongest advances in real estate development. ... Full story
Investec Australia Property Fund (IAPF) on Thursday increased its distributable income to unit holders, underpinned by returns derived in hard currency.... Full story
Rand-hedge property stocks such as Capital & Counties Properties, Redefine International, Capital & Regional, MAS Real Estate and Intu Properties plummeted Friday after the U.K. voted to leave the European Union — dubbed "Brexit". ... Full story