Investing
Well priced Property Acquisitions difficult to find in SA
SA listed property companies are struggling to find well priced acquisition opportunities with takeovers becoming more difficult to achieve now as there are no easy targets. ... Full story
Patrice Motsepe’s foray into property sector
Billionaire and mining tycoon Patrice Motsepe’s African Rainbow Capital considers residential sector following the group's decision to acquire 20% stake in Val de Vie Investments as its first foray into property.
Not a rosy picture for Listed Property Sector
While development projects are under way in Gauteng, most of the big ones were concluded years ago and listed real estate funds are struggling to clinch sizeable deals domestically.
Digital disruption inevitable in SA Commercial Real Estate
The way that South African commercial real estate companies, sell, buy and invest is about to change profoundly, as technological advances are rapidly disrupting the conventional ways.
International Hotel Group eyes listing on JSE’s main board
International Hotel Group (IHL)‚ which recently released its half-year financial results, plans to move from the AltX to the JSE’s main board.
Acquisitions push Rebosis Property Fund’s portfolio up R18.6 billion
Black-owned property group, Rebosis Property Fund pushed up total assets under management to R18.6 billion after a R6 billion acquisition that will substantially increase the group’s exposure to retail assets.
The IFRS 15 Revenue framework to impact Property Market
The new revenue standard (IFRS 15) may affect the way the real estate and construction industry accounts for revenue in South Africa, according to KPMG International.
Mall of Africa expected to boost Attacq’s rental income
Gauteng shoppers still have plenty of appetite for retail therapy, judging by the 84,000 people who streamed through the Mall of Africa's doors on the first day of trade last Thursday.
Long-awaited Mall of Africa officially opens
SA’s mega shopping centre ever built in a single phase, the Mall of Africa in Midrand, worth a whopping R5 billion — has opened its doors to the fervent long-awaiting public.
Shopping centre investor warns on retail cannibalization
Blue chip mall owner Pareto CEO, Marius Muller has warned South African Retailers to guard against cannibalization — citing bigger centres taking away spend from the weaker centres.
Redefine Properties’ Polish deal impresses market analysts
SA property funds are increasingly looking abroad, and Europe’s fastest growing economy, Poland, is a top destination for many.
Number of new hotel developments across Africa surges
The Africa Rising narrative is holding strong in the continent’s hospitality sector, particularly in Nigeria and Angola, despite the contraction in these economies due to the lower oil price.
Tsogo looks to Hospitality Property Fund tie-up
Following its recent SunWest International and Worcester Casino acquisitions, Tsogo Sun is planning to capture 50% of Hospitality’s ordinary shares.
Cape Town property values in CBD soar
Cape Town’s CBD experiences a boom in property values over the past decade with investors flocking to the area, according to the latest State of Cape Town Central City Report.
MAS Real Estate grows portfolio in German deal
MAS Real Estate acquires a portfolio of 20 buildings through a sale and leaseback arrangement from major German food retailer Edeka-Miha.