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Emira Property Fund expands its U.S. retail arm

Emira Property Fund (JSE: EMI) has expanded its presence in the USA retail market through the acquisition of two shopping centres in Texas. ... Full story

Dipula revenue rises 23% after Acquisition run

Black-managed JSE-listed REIT, Dipula Income Fund on Wednesday posted solid results for the six months to February this year, attributing surges in revenue and net property income to a large acquisition drive.

Redefine Properties interim income grows 4%

Redefine Properties (JSE: RDF) which said last week that Sipho Pityana had replaced Marc Wainer as its chair, today reported that it had increased its interim distribution below inflation by 4 per cent to 49.2 cents

Investec Australia Property Fund to raise R1bn prior to ASX listing

Investec Australia Property Fund (JSE:IAP), which seeks to list on the Australian Securities Exchange (ASX), plans to raise R1 billion by selling 76 million new units in its Australian fund.

Century City Developer ventures into Europe with R1.4bn project

John Rabie, famously known for developing one of SA’s most successful mixed use development, Century City in Cape Town, has expanded to Portugal in a joint venture.

Rebosis shares extend slide as times get tough

JSE-listed real estate investment trust (Reit) Rebosis Property Fund shares slumped pushing the loss of value to nearly 81% in a year.

Atlantic Leaf Properties posts healthy results

Atlantic Leaf Properties Limited (JSE: ALP), which focuses on commercial property assets in light-industrial nodes in the UK, today released its results for the year ended 28 February 2019.

Knives out for Airbnb as SA Hotel Industry loses millions

A call on South African government to crack down on Airbnb, widely echoed by some hospitality groups, has been fulfilled by the Tourism Amendment Bill which was published last week.

PIC lifts stake in embattled Texton Property Fund

The Public Investment Corporation (PIC), Africa's largest fund manager, has boosted its stake in the troubled Texton Property Fund (JSE: TEX) after a black empowerment investor defaulted its loan.

Arrowhead and Gemgrow set to Merge

In a bid to create growth capacity, Arrowhead Properties (JSE: AWA) and Gemgrow Properties (JSE: GPA) on Wednesday announced ambitions to merge.

Growthpoint pins its hopes on Offshore Properties

With the local property industry adrift in choppy waters amid stagnant economy, Growthpoint Properties is looking to not only stay afloat but maintain robust growth by acquiring offshore properties.

Construction Sector being demolished as Group Five succumbs to depressed market

The decision taken by Group Five, one of SA’s construction giant which built the Moses Mabhida stadium, to file for bankruptcy protection, has come as a shock to the nation as the sector may be collapsing.

Property Sector Charter Council appoints its new Chairman

The SA REIT sector’s representative on the Property Sector Charter Council (PSCC), Dr Sedise Moseneke, has been elected as the new Chairman of the PSCC.

Stenprop gains more ground in UK's property market

Dual-listed property company Stenprop (JSE: STP) has expanded into the UK industrial property sector with its R116.8m acquisition of Gainsborough Trading Estate.

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.

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