Catchwords

EPP distributable earnings lifted 54% by strong operational recovery

Johannesburg Stock Exchange listed EPP (JSE: EPP), Poland’s biggest retail landlord, delivered a solid performance for the first six months of 2021 in line with expectations. Both EPP’s distributable earnings and distributable earnings per share increased by 54% to €33.2...

15 September 2021

Growthpoint’s strong liquidity and balance sheet drive healthy dividends for investors

Growthpoint Properties Limited (JSE: GRT) delivered 6.2% growth in revenue and R5.1bn in distributable income for its financial year to 30 June 2021.

15 September 2021

Colour, creativity and a kaleidoscope of local flavour at Vaal Mall's weekend markets

Vaal Mall is celebrating Heritage Month in style by bringing together a variety of local talents, artists, entrepreneurs and musicians at its vibrant weekend markets this September.

14 September 2021

Flanagan & Gerard leases through the lockdown

From March 2020 to date, the Flanagan & Gerard portfolio of 10 shopping centres has welcomed 113 new stores, which have been crucial for adapting to the changing and exciting retail environment emerging in South Africa.

2 September 2021

Takealot signs with Growthpoint for Cape Town warehouse

Growthpoint Properties has signed a lease with South Africa’s largest online retailer, Takealot, for an 11,600sqm warehouse in Montague Gardens, Cape Town.

25 August 2021

Rubicon to consolidate in Richmond Park

Atterbury, the leading property investor and developer, will develop a new 9,300sqm distribution and office facility to consolidate sustainable technology company Rubicon into new headquarters in Richmond Park, Milnerton, Cape Town.

25 August 2021

Atterbury and USN raise R1-million for SA’s Olympic champions

Atterbury and USN’s crowdfunding project for Olympic medal winners, Spansaam (which means “team-up” in Afrikaans), has raised R1,050,000 since kicking-off on Wednesday, August 11, on the popular breakfast TV programme Die GROOT Ontbyt on kykNET (DStv channel 144).

25 August 2021

Vukile favourably concludes oversubscribed R500 million unsecured bond issue

Vukile Property Fund (JSE: VKE) today issued R500 million of senior unsecured corporate bonds with one- and three-year maturities. The issue was significantly oversubscribed, with demand exceeding the maximum offer by 4.4 times.

25 August 2021

Emira declares full-year distributable earnings of 124.19 cents per share

Emira Property Fund (JSE: EMI) declared a final dividend of 66.65 cents per share, taking the dividend for its full financial year to 30 June 2021 to 118.65 cents per share - up 13.7% on the previous year. It’s full-year distributable earnings of R649,1m was 3.2% down fr...

18 August 2021

Growthpoint begins construction of the Kent residential apartments in KZN

Growthpoint Properties (JSE: GRT) has commenced the development of Kent, its first greenfield sectional title residential development in KwaZulu-Natal.

12 August 2021