Catchwords

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

Growthpoint invests R50 million in solar-charged battery system to power Paarl Mall

Growthpoint Properties (JSE: GRT) is piloting a 4.5MW battery system at Paarl Mall in the Western Cape to store electricity for its continuous, cost-efficient power supply. This is the largest commercial battery installation in South Africa to date, and it will be partly...

16 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

Vukile acquires Pan Africa Shopping Centre and its future extension in a milestone R669 million transaction

Vukile Property Fund (JSE: VKE) has expanded its significant investment in South African township, rural and commuter shopping centres with its agreement to acquire the landmark Pan Africa Shopping Centre in Alexandra Township in Johannesburg, Gauteng, as well as the ass...

29 July 2022

GCR upgrades Vukile’s issuer rating to AA(za)

Vukile Property Fund’s (JSE: VKE) international diversification, proven portfolio strength and proactive balance sheet management have contributed to GCR Ratings upgrading Vukile’s national scale long-term issuer rating to AA(za) and affirming its national scale short-te...

27 July 2022

Atterbury completes sustainable new HQ for Rubicon at Richmond Park

Leading property investor and developer Atterbury has completed an innovative new facility for sustainable technology company Rubicon at Richmond Park in Cape Town.

27 July 2022

Sponsorship renewal a boost for squash in SOUTH AFRICA - Growthpoint Properties helps to create exposure for all levels

Squash in South Africa has received a major boost with the announcement that Growthpoint Properties has renewed its sponsorship of the sport for a further year.

20 July 2022