Laurence Rapp, CEO of Vukile Property Fund, says this has been another significant period for the company, which now holds 50% of its total R32.3bn property assets offshore - 46% in Spain and 4% in the UK.

Offshore expansion benefits Vukile Property Fund

Vukile Property Fund (JSE: VKE) reported on Thursday that its total distributions for the half-year ended September had increased by 7.5% to 78.1 cents, buoyed by its Spanish investment portfolio.

Arrowhead Properties tumbles as times get tough

Arrowhead Properties (JSE: AWA), a diversified South African-focused property fund, on Wednesday reported a 15% decline in its full-year dividend to 74.1 cents per share — as tenants battle with rent..

Nepi Rockcastle (JSE: NRP) has seen its share prices dive-bomb following a report by Viceroy Research which alleged the company manipulating its net profits.

Nepi Rockcastle sees R9bn wiped off its value after Viceroy report

Nepi Rockcastle (JSE: NRP) has seen its share prices dive-bomb following a report by Viceroy Research which alleged the company manipulating or inflating its net profit after tax numbers.

Investing >>

South African property sector has started to experience tougher conditions especially weaker economic growth and uncertainty on land reform.

Property Market wades through hard times amid uncertainty on land reform

The South African property sector has started to experience tougher conditions especially weaker economic growth and uncertainty on land reform.

Companies >>

We believe this conversion is the best use of our resources right now. However, we aren't at a stage yet where we would go and create a separate residential business, CEO Marc Edwards said.

Tower Property Fund getting to grips with residential money

Tower Property Fund [JSE: TWR] joins other property companies that are selling or re-purposing older A- and B-grade offices and retail centres as residential developments.

Gauteng >>

City of Joburg Mayor Herman Mashaba has revealed plans for major property developments in Joburg.

Joburg inner city property developments on the cards — City of Joburg

The Johannesburg City Council has identified over eighty properties in the Inner City for investment and development opportunities.

Western Cape >>

The Last vacant Foreshore property was acquired by Growthpoint Properties at Aucor's auction event for R86.5 million.

Cape Town calls for forensic probe into sale of prime land

Cape Town - Mayor Patricia De Lille has ordered a forensic investigation into an allegedly botched auction of a prime piece of land in the city, leading to a potential loss of millions in revenue.

KwaZulu-Natal >>

R1.1 billion Mount Edgecombe Interchange to boost Commercial demand

The development and operational sides of the new R1.1 billion Mount Edgecombe Interchange in KwaZulu Natal has gained momentum, and so is the demand for commercial space in the near vicinity.

Construction Industry >>

Sephaku Holdings CEO Lelau Mohuba, says the company embarked on cost-cutting measures that include reducing the number of board members from ten to seven.

Sephaku reveals cost-cutting plan despite net profit rise

Building and construction-materials group, Sephaku Holdings, says it has embarked on a cost-reduction programme aimed at reducing head office expenses.

Africa Property >>

Addressing Sapoa conference, Mark Stevens, Fortress Income Fund CEO said it was still highly risky to invest institutional capital in the likes of Nigeria, because property laws and regulatory frameworks were not strong enough yet.

Africa — A challenging environment for Real Estate Investment

Property Investors are still concerned that a lack of strong legal structures and reliable rules are making the decision to invest in other African countries difficult as opposed to investing in Europe — SA Commercial Prop News has learned.

International Property >>

Two malls in Romania which are part of the NEPI Rockcastle portfolio, have implemented the exclusive Google Maps Indoor service.

Technology boost for Nepi Rockcastle's Romania malls

Shopping Centers Promenada and Mega Mall, which are part of the NEPI Rockcastle portfolio, are the first malls in Romania to implement the Google indoor mapping service.

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