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Property Sector heavyweights share a moment on the inauguration of the SA REIT Association launch in 2013, aimed at representing the listed property REIT sector.

REITs dispensation to Unlisted Property funds welcomed

The announcement by Finance Minister Nhlanhla Nene in his budget speech on Wednesday that unlisted property companies should qualify for the same tax treatment as listed REITs (Real Estate Investment Trusts), has been welcomed by South Africa’s commercial real estate sector. ... Full story

The assets include the iconic KPMG Crescent and sky bridge off Jan Smuts Avenue as well as Wanooka Place in Parktown

Accelerate buys KPMG buildings for R850m

Accelerate Property Fund has bought KPMG's property service holding company with six office property assets across various centres in South Africa for R850 million.

Stanlib listed property Funds head Keillen Ndlovu says the sector also benefited from lower-thananticipated bond yields. When bond yields fall, listed property prices go up.

Listed property is still good value, Industry Analysts say

SA listed property still represented good value for property investors wanting a relatively secure income stream despite a poor prognosis for weaker economy growth in the medium term.

Redefine Properties Executive Chairman, Marc Wainer says acquiring this trophy portfolio (Leaf Capital properties) is a strategic triumph for the group.

Redefine Properties on a R4.1 billion acquisition trail

Redefine Properties today announced the acquisition of the Leaf Capital portfolio of properties for R4.1 billion equating to an initial income yield of 8%, substantially enhancing its office portfolio in the Western Cape.

Old Mutual and Pareto have entered into an asset swap transaction involving Menlyn Shopping Centre [Picture above] and Cavendish Square.

Old Mutual, Pareto in R10bn ownership deal for major Retail assets

Old Mutual Life Assurance Company and Pareto have entered into an asset swap transaction involving Pretoria’s Menlyn Shopping Centre and Cape Town's Cavendish Square.

Tongaat Hulett says it has concluded a deal with a local black-owned company through the sale of prime land at its Cornubia Business Hub in KwaZulu-Natal.

Tongaat Hulett concludes BEE deal for sale of prime land at Cornubia

Sugar producer Tongaat Hulett says it has concluded a deal with a local black-owned company, through the sale of prime land at its Cornubia Business Hub in KwaZulu-Natal.

Marius Muller, CEO Pareto Limited, anticipates this year’s festive retail trade to be up from 2013 levels on a nominal basis, but not in real terms.

A tough festive season for consumers but some retailers will still fare well

South African consumers are in a tougher position than a year ago and retail will be under pressure to perform this festive season.

Consolidation has been a large theme of this year in the listed property sector with a few more mergers and acquisitions still to take place, says Ortneil Kutama, SA Commercial Property News Media Director.

SA’s listed property market Comes of Age

South Africa’s listed property sector made strides in becoming an accepted and even popular asset class in 2014, SA Commercial Prop News has learned.

Nedbank Corporate Property Finance commits funding and acquires stake in the new R450 million Newmarket Value Centre in Alberton.

Nedbank buys stake in Alberton's R450m Newmarket Value Centre

Nedbank Corporate Property Finance has bought a stake in the R450 million Newmarket Value Centre in Alberton — another sign of financier bullishness about the South African property market, particularly the retail sector.

Commercial property companies are shifting to clean industrial properties focussed on light manufacturing, warehousing and distribution as harder manufacturing struggles.

Industrial Property has to be nimble

Property groups are shifting to clean industrial properties focussed on light manufacturing, warehousing and distribution as harder manufacturing struggles, SA Commercial Prop News has learnt.

A number of experts at the SA Reit conference said they were finding it difficult to get investors who had not bought Reit assets before to consider them.

SA’s REIT market still too unusual for many Investors

South African property funds have recognised a tremendous need to educate investors about how they function as investments, SA Commercial Prop News has learnt.

EY tax practice partner Keith Engel said South Africa may have healthcare, residential, retirement and power station-biased Reits quite soon.

S.Africa may be in line for Specialised Property Funds

SA’s listed property sector has grown and matured over the past decade, as indicated by its size and the recent adoption of the globally recognised real estate investment trust structure.

Stan Garrun, executive director at MSCI in SA says MSCI ESG Research’s ESG rating signal will prove a valuable resource for investors looking to take the next step in ESG integration in this market

South African REITs to get environmental ratings — MSCI

MSCI Inc. (NYSE: MSCI), an investment research provider, on Thursday announced the availability of ESG ratings coverage for South African Real Estate Investment Trusts (REITs) as part of its global coverage of companies in this sector.

A number of listed property counters in South Africa could diminish further because of the shortage of quality fixed properties available.

Consolidation to sweep SA's listed Property Sector

With little room left for growth and the desire to attain size, liquidity and attract institutional investors, South African Real Estate Investment Trusts (REITs) are looking increasingly to merge with others that have similar portfolios.