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Fairvest Property Holdings CEO, Darren Wilder said the performance in the period, reflects sound management of the controllable factors, which has manifested in improvements in vacancies, tenant retention rates and expense ratios.

Fairvest still coining it in lower LSM nodes

Recent results from listed property group Fairvest Property Holdings, confirms that focusing on retail assets in lower LSM nodes can yield a great deal of results. ... Full story

Hyprop Investments CEO Pieter Prinsloo says the group benefitted from good growth from Rosebank Mall, following its re-development, additional income from the new sub-Saharan African investments, as well as from exchange rate gains.

Hyprop Investments interim income grows 13.4%

Hyprop Investments (HYP) which recently bought two shopping malls in Serbia and Montenegro, today reported a dividend of 297,8 cents per share — an 13,4% increase on that declared a year earlier. ... Full story

Growthpoint Properties CEO, Norbert Sasse says "I’m satisfied with what we have achieved here given the many challenges facing the South African economy.”

Growthpoint's diverse assets soften South African blows

Growthpoint Properties grew its distribution per share 6% in the six months to December as the company managed some challenging trading conditions. ... Full story

Emira Property Fund CEO, Geoff Jennett attributed the positive results to fund’s improved portfolio occupancy, acquisitive growth and contractual escalations on most of its portfolio.

Emira grows distributions nearly 9%

Emira Property Fund, the diversified property owner with a market capitalization of R8.1bn, on Wednesday announced 8.8% distribution growth in the six months to December last year. ... Full story

Tsogo's share price rises sharply

Tsogo's share price rises sharply

Tsogo Sun rose as much as 9.4% to an intraday high of R22.64 on Tuesday with 3-million shares trading by 3PM. ... Full story

Grindrod Asset Management chief investment officer Ian Anderson and Steyn Capital Management voiced their concerns last week that the existing share swap deal favoured Hospitality’s B unitholders above its A unitholders.

Shareholders unfazed with Hospitality Property Fund share swap deal

Two minority shareholders urge Hospitality Property Fund to sweeten the share swap deal that forms part of its turnaround strategy, saying its failure to do so could jeopardise the company’s future. ... Full story

Pareto Limited CEO, Marius Muller said Mowana Properties is a milestone move for us and has been more than a year in the making. It is part of a bigger strategic move to bring property management in-house.

We manage fine, says Pareto

Pareto Limited CEO, Marius Muller has come out strongly against suggestions that institutions that maintain in-house property management services are less competitive than those that outsource to specialized property management houses. ... Full story

Tsogo CEO Marcel von Aulock said the interim performance was underpinned by the company’s development and merger and acquisition activity.

Tsogo Sun turnover soars despite tough trading environment

Tsogo Sun continued to outperform expectations with turnover up 7% at more than R5.9 billion, but warned business was under pressure due to a subdued economy. ... Full story

Paul Arenson, Stenprop CEO said the group's migration to the Main Board of the JSE in October 2015 was a great milestone.

Stenprop increases portfolio value by R274m

Stenprop, a property company with dual primary listings on the Bermuda Stock Exchange and the JSE’s Main Board, has acquired a number properties in Europe, boosting the value of its portfolio by R274m (€18 million). ... Full story

Balwin Properties CEO, Stephen Brookes said the listing on the JSE had led to a boost in new sales and the group was set to continue its strong growth path.

Balwin Properties on track to maintain current growth

Balwin Properties, which made an entry on the JSE in October, on Wednesday announced its financial results for the six months ended 31 August 2015. ... Full story

Vukile Property Fund CEO, Laurence Rapp said the group had grown its portfolio of high-trading shopping centres, enhancing the quality of its properties and launching its international investment strategy.

Vukile's diversification strategy en route

Retail-focused Vukile Property Fund grew its distribution payouts by 7% in the half year to September, slightly below expectations. But CEO Laurence Rapp said he was pleased at how the company’s portfolio had been refined. ... Full story

Gavin Lucas, CEO of Stor-Age Property REIT (3rd from Left) prepares to sound the kudu horn at the JSE listing event.

Stor-Age listing on JSE brings a unique proposition

Stor-Age Property REIT becomes South Africa's first self storage property fund to list on the JSE's main board, bringing to the market a R1.3 billion portfolio of properties. ... Full story

Stefanutti shoots up more than 9% following interim results

Stefanutti stock climb more than 9% in morning trade following the release of its interim results. ... Full story

Raubex reports 5.3% increase in H1 HEPS

Raubex reports a 5.3% increase in HEPS to 107c for the first half ending August 31. ... Full story

Stadium funding under scrutiny

Tens of million of rands paid by the Nelson Mandela Bay Municipality to its stadium operators is under scrutiny, forming part of the national Treasury’s probe into chaotic bus system. ... Full story

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