Catchwords

New investment partnerships at Gqeberha’s Boardwalk Mall and Boardwalk Precinct propel growth

The co-owners of the Boardwalk Mall in Gqeberha in the Eastern Cape — Emfuleni Resorts and Flanagan & Gerard Group — have welcomed the Dondolo Property Trust as partners in Boardwalk Mall and The Capital Hotels, Apartments & Resorts as partners in the Boardwalk P...

8 July 2024

Emira announces strong operational results and good strategic progress backed by active capital recycling

Emira Property Fund (JSE: EMI) reported strong operational results, strategic delivery, and capacity-enhancing active capital recycling for its financial year ended 31 March 2024. It declared a full year dividend per share of 117.02c. Its net asset value per share increa...

30 May 2024

Workplaces that adapt to an evolving workforce are key to attracting next-generation talent

Gen Z is redefining the future of inclusive office design for multi-generational teams

30 May 2024

Johannesburg: data centre hub for big operators in South Africa

Cushman & Wakefield | BROLL says operators seek sites to the north and east of Johannesburg, in well-located nodes with power supply, while in the smaller Cape Town market data centres are expanding, and there’s growing interest in Nigeria and Kenya.

7 May 2024

Growthpoint Student Accommodation REIT thrives, adding R1.5bn of assets in two years

Two years since launching, Growthpoint Student Accommodation REIT has introduced R1.5bn in new investment to this alternative property sector, added 4,000 new beds for students and created a strong pipeline of future developments. Its demonstrated execution has expanded ...

29 April 2024

Flanagan & Gerard and Vukile take ownership of BT Ngebs City in R800 million deal

BT Ngebs City in Mthatha, Eastern Cape, has transferred into the skilled hands of its new retail property specialist co-owners, Flanagan & Gerard Property Group and Vukile Property Fund (JSE: VKE). The process for the R800 million acquisition began in 2022 and has no...

23 April 2024

Vukile secures R1.1bn in green and sustainability-linked funding with Absa

JOHANNESBURG, SOUTH AFRICA, 18 April 2024 — Vukile Property Fund (JSE: VKE), the specialist retail real estate investment trust (REIT) has secured R1.1bn of funding through an innovative green loan and sustainability-linked loan with Absa. The loans, which are refinancin...

18 April 2024

A rallying cry from the South African real estate sector

A rallying cry from the South African real estate sector

17 April 2024

Parkdene Boulevard redevelopment bolsters growth of Boksburg node

Upgrade and expansion of landmark shopping centre to elevate retail convenience

11 April 2024

Emira boosts its liquidity with R1.1 billion Cape Town property portfolio sale

Emira Property Fund (JSE: EMI) has agreed to sell basically all its wholly owned Cape Town properties in a sizeable R1.1 billion transaction, which will create significant and immediate liquidity for Emira to pursue its strategy.

2 April 2024