Investing
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. ... Full story
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.
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.
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.
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.
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.
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.
Attacq hits milestone following FTSE indices inclusion
Attacq Limited said on Monday that it had been included as a component in the FTSE Global Equity Index Series (GEIS) as of Monday, 22 September 2014.
Co-owners pump R2bn into Menlyn Park Shopping Centre redevelopment
Pretoria’s Menlyn Park Shopping Centre is undergoing a major redevelopment by the co-owners, Pareto Limited and Old Mutual Life Assurance Company, in a R2 billion expansion project that will add a host of top retailers to the existing tenant mix.
Nedbank Capital backs Stats SA's new Head Office Project
Statistics South Africa (Stats SA) has boosted its financial resources for development of the R1,4 billion new head office accommodation project through a R1,15 billion loan from Nedbank Capital.
Green building is an economic necessity says Nedbank Executive
While questions have arisen about the potential crushing effects of the recent economic situation on the trend toward green building and retrofitting, Nedbank Corporate Property Finance regional executive, Ken Reynolds has concluded that the value of green building remains strong.
Newtown Junction adds to Joburg shoppers’ choice
The shopping scene in Johannesburg CBD is in for a commercial transformation, when Attacq Limited and Atterbury Property Holdings’ groundbreaking R1.3 billion Newtown Junction mixed-use development opens this Thursday.
Growthpoint clinches large industrial land deal in Samrand
Growthpoint Properties says it has concluded agreements to acquire a fully-serviced 43 hectare site in Samrand, equal in size to 86 rugby fields, from the Cavaleros Group, which has an ultimate development potential of R2bn
Sun International ‘fares well’ in tough year
Hotel and gaming group Sun International on Monday reported adjusted headline earnings per share (HEPS) fell 7.3% in the year ended June with headline earnings down 24% to R530m.
Cradlestone Mall earns top Retail Centre Development Award
Johannesburg’s Cradlestone Mall was named the best overall retail development, scooping the coveted 2014 Spectrum Award in the South African Council of Shopping Centre’s (SACSC) annual Retail Development & Design Awards (RDDA).