Edcon Limited

It has not been an easy road, says Growthpoint Properties

As domestic tenants continue to downsize space, its sheer size and diversity on three continents have helped Growthpoint Properties lift the distributable income of 5.3% to R6.4bn for the year ended June.

Positive interim results from Liberty Two Degrees despite weak economy

Retail-focused Liberty Two Degrees (JSE:L2D), posted commendable results for the six months to June 2019, despite weak consumer sentiment.

Sorry Edcon, we will not reduce Rent, says Growthpoint Properties

After securing R2.7 billion, Edcon's request for rental reduction was met with a major obstacle at SA's largest landlord, Growthpoint Properties.

Hyprop eyes more Europe wins than sub-Saharan Africa

Clearwater Mall owner, Hyprop Investments (JSE: HYP) has raised R403 million (€25 million) worth of capital planned for its South and Eastern Europe (SEE) retail assets expansion — and seeks to reduce sub-Saharan Africa exposure.

Investing in township shopping malls gives Fairvest the edge

The latest results from Fairvest Property Holdings (JSE: FVT) confirm that shopping malls aimed at the lower Living Standards Measure (LSM) are delivering better returns than their suburban counterparts.

Landlords chip in as Edcon Holdings secures R2.7 billion

Edcon Holdings which owns Edgars Stores, Jet and CNA, has secured R2.7 billion rand from lenders, landlords and the Public Investment Corp. as South Africa’s largest clothing retailer wraps up its latest restructuring plan.

Liberty Two Degrees attains REIT status, bulks up asset base

Liberty Two Degrees (JSE:L2D), the owners of flagship Sandton City, Eastgate Shopping Centre and Melrose Arch, says it had converted to a Real Estate Investment Trust (Reit), and significantly "bulked up" its asset base.

Shopping Mall Owners worried about Edcon can breathe a sigh of relief

The headlines about retail giant Edcon Holdings on the brink of collapse, have been jarring for South Africa’s big Shopping Mall Owners and the whole nation.

2019 definitely a lot more promising than 2018, Property Analysts say

The prospects for 2019 SA's listed property sector are definitely a lot more promising than 2018, industry analysts told SA Commercial Prop News.

Dark days ahead for Mall Landlords as Edcon battles with Rent

There is still no respite for Landlords as one of SA’s oldest surviving retailers, Edcon Holdings which occupies big pockets of space in many shopping centres, is asking mall owners to chop rent.

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