Investing
SA’s listed property funds outperform peers
South African-listed property funds comprehensively outper forms their global counterparts in the first four months of this year. ... Full story
Office property market losing shine
The office property market is a long way from solving the problem of high vacancy levels, according to the latest Rode’s Report on the SA Property Market.
Unlisted funds 'would benefit' from Reit status
Investors in SA property syndicates should get some peace of mind if unlisted property funds attain real estate investment trust status later this year, says Growthpoint Properties MD Estienne de Klerk.
Auction ‘ghost bidding’ common practice in SA's Property Industry
Ivor Ichikowitz the chairman of arms manufacturer, the Paramount Group, has lost a battle against The High Street Auction Co, which he accused of faking bids to inflate the price of a property he was buying.
Nedbank approves retail development in Secunda
Nedbank Corporate Property Finance has approved R69.3 million funding for the development of the 8722m² first phase of the Secunda Value Centre, Mpumulanga.
Property returns begin to fall as economic pressure grows
Fixed property market appears to be weakening, with the latest data from Investment Property Databank SA showing that capital valuations have softened.
Financial engineering destroys value, REIT Analysts warn
Analysts and property managers are stressing that when property counters are compared, the source of their returns must also be given equal attention.
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.
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.
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 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.](https://www.sacommercialpropnews.co.za/thumbnail.php?file=articles/Menlyn_Park_Shopping_Centre_Pretoria_720837402.jpg&size=summary_medium)
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 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.
Spate of Armed Robbery puts Shopping Malls on guard
A recent spate of shopping centre heists in South Africa ahead of the festive season has prompted fears that organised criminals are turning their attention to these soft targets.
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.
