Companies
Attacq exits MAS Plc with R773m stake sale
Waterfall City owner Attacq sold its remaining interest in Central and Eastern Europe (CEE) focused property group MAS Plc for R773 million, the group announced recently.
Worrying moments ahead as Rebosis Property Fund goes into business rescue
There is still no respite for commercial property landlords as one of South Africa’s Real estate investment trusts, Rebosis Property Fund, which owns Baywest Mall in Gqeberha and East London's Hemingways Mall, went into business rescue....
Cape Town portfolio potential helps lift Spear Reit distributions
Western Cape-based property group, Spear Reit today reported a 16.36% annual growth in distribution per share as the company continues to emerge from the COVID-19 trading environment...
Delta Property Fund's new CEO dishes out maiden results
The new boss of SA’s black-managed and substantially black-owned REIT, Delta Property Fund, today dished out record financial results for the year ended February 2022, emerging as a turn-around story. ...
Redefine Properties puts faith in Poland’s Real Estate market despite Russia-Ukraine war
Redefine Properties (JSE: RDF) has posted solid earnings for the interim period to 28 February 2022 despite the Russian-Ukrainian war, which borders Poland of its most significant operating territories....
Apartments lift Balwin Properties' revenue to the R3 billion milestone
Sectional title heavyweight, Balwin Properties, has been an absolute smash hit, thanks to an increase in the number of apartments handed over during the financial period ended 28 February 2022. ...
Major ISP with 500 employees ditches Offices and goes fully Remote
A year ago, COVID-19 forced many companies to send employees home — often with a laptop and a prayer. Now, the future is here, and it appears that some things have changed for good....
Octodec Investments takes a digital leap into convergence
Diversified real estate investment trust (Reit) Octodec Investments' growing bet on digital transformation yields benefits as the group broadens its residential offering and continues to pay down debt....
Dipula Income Fund resilient despite the odds
This was a tough half-year for SA-focused diversified REIT Dipula Income Fund, but resilience prevails across its various portfolios which include offices, retail and industrial buildings....
Inospace, Fortress Reit team up for R1,25bn Industrial logistics venture
Inospace, the owner and operator of business parks, and JSE-listed Fortress REIT Limited, are collaborating to unlock significant opportunities that exist in last-mile logistics....
Investment in MAS puts spring in Attacq's distribution
JSE-listed REIT Attacq Limited (JSE: ATT), which owns 80% of Mall of Africa, said a combination of factors had contributed to the positive turn of events....
Hyprop ups interim distribution, Shopping Mall assets recover
After visits plummeted during the height of the COVID-19 crisis, Retail-focused Hyprop Investments (JSE: HYP) has reported encouraging trading performance of its tenants across its retail portfolio, reaching pre-Covid levels....
TUHF Holdings Limited names its new Chairman
Cas Coovadia will lead the TUHF Holdings Limited Board as the new Chairman taking over from Samson Moraba, who has ably led the board since inception. The appointment takes effect from April 2022....
Growthpoint Properties shows solid progress for the half-year
Growthpoint Properties Limited (JSE: GRT), SA’s largest listed property group, on Wednesday announced its results for its six-month period to 31 December 2021. ...