Catchwords

Boardwalk Mall opens to much excitement

The fully-let Boardwalk Mall celebrated its grand opening today in the Boardwalk Precinct around the landmark Boardwalk Casino and Entertainment World in Summerstrand, Nelson Mandela Bay Metro, Gqeberha, Eastern Cape.

22 September 2022

Growthpoint Properties reports full-year dividend growth of 8.4%

Growthpoint Properties Limited (JSE: GRT) delivered a 13.9% increase in SA REIT funds from operations (FFO) of R5.3bn and a 5.1% increase in distributable income per share (DIPS) of 155.6 cents for its financial year to 30 June 2022. Growthpoint’s total dividend per shar...

14 September 2022

SA’s regional shopping malls bounce back: Flanagan & Gerard’s retail portfolio delivers double-digit growth in mid-year turnover

Flanagan & Gerard Property Group’s quality portfolio of shopping centres recorded strong mid-year trading, achieving double-digit turnover growth in June and July, despite a challenging economic environment.

12 September 2022

Atterbury and Truworths sign deal for a world-class Distribution Centre facility at King Air Industria, Cape Town

Truworths’ new world-class Western Cape distribution centre will be built in King Air Industria Cape Town, an Atterbury Property and Old Mutual Properties development. The landmark development project is a joint venture between King Air Industria and Truworths Limited.

2 September 2022

Boardwalk Mall to celebrate grand opening on 22 September ‘22

· The eagerly awaited Boardwalk Mall grand opening takes place Thursday, 22 September.

1 September 2022

Sandton Central is now even safer with new emergency medical response

Sandton Central Management District, which manages the public spaces of South Africa’s cosmopolitan financial capital, has contracted Night Guard, its tactical partner, for emergency medical response services in the public areas of its precinct.

25 August 2022

Vukile concludes oversubscribed R767m unsecured bond issue

Vukile Property Fund (JSE: VKE) has issued R767m of senior unsecured corporate bonds with three- and five-year maturities. Indicating significant market interest, the initial target issuance size of R500m was 4.6 times oversubscribed, attracting bids of R2.3bn, and the i...

25 August 2022

Growthpoint appoints George Muchanya as Head of Growthpoint Investment Partners

GEORGE MUCHANYA has been appointed Head of Growthpoint Investment Partners, the Growthpoint Properties (JSE: GRT) alternative real estate co-investment business, effective from 1 July 2022.

23 August 2022

Emira grows dividends off a base of consistent strategic delivery

Emira Property Fund (JSE: EMI) today announced growth in distributable earnings of 3.8% and a 1.0% increase in its cash-backed dividend of 119.79cps for the year to 30 June 2022. Its net asset value per share increased 7.3% during the financial year to 1,628.60cps.

17 August 2022

Emira’s Springfield Retail Centre relaunches a year after it is burned by looters

Emira Property Fund (JSE: EMI) has relaunched its Springfield Retail Centre in Durban, KwaZulu-Natal, a year after the centre was damaged by arson in the widespread looting and devastation of July 2021.

4 August 2022