Catchwords

Strong update as Vukile powers ahead supported by positive market momentum

Vukile Property Fund (JSE: VKE), the leading specialist retail real estate investment trust (REIT), is in a strong position and well-placed to take advantage of the tailwinds gaining momentum in its markets, the company said in its pre-close operational update for the fi...

25 September 2024

Growthpoint simplifies its business as it agrees to sell its stake in Capital & Regional to NewRiver

Growthpoint Properties (JSE: GRT) has conditionally agreed to dispose of its entire 69% shareholding in Capital & Regional (C&R), which is dual-listed on the London Stock Exchange and the Johannesburg Stock Exchange and invests primarily in UK community-focused s...

25 September 2024

Vukile’s Spanish subsidiary successfully completes €254 million refinance and increases its debt headroom

Vukile Property Fund (JSE: VKE), the leading specialist retail real estate investment trust (REIT), has confirmed that its 99.5% held Spanish subsidiary, Castellana Properties, has signed a €254 million financing agreement with Aareal Bank A.G.. The five-year agreement i...

17 September 2024

Emira’s biodiversity project creates a brighter future for Gauteng, sustaining nature’s workforce

Gauteng features more sweet-scented and bright yellow flowers this year, heralding the end of winter and welcoming the start of spring.

16 September 2024

Growthpoint reports strong group-wide operational performance with signs of the property cycle turning positive

Growthpoint Properties Limited (JSE: GRT) achieved robust operational results across its local and international investments for the 30 June 2024 financial year, with superb performance from the V&A Waterfront, an improved contribution from Capital & Regional (C&...

11 September 2024

Property investments will be more attractive once interest rate cuts start to roll

From September this year, several central banks globally are expected to deliver their first interest rate cut in many years. US Federal Reserve Chair, Jerome Powell, was the latest to offer his blessing for the start of interest rate cuts, recently telling an audience o...

10 September 2024

Vukile expands Iberian Peninsular exposure with EUR176 million shopping centre portfolio acquisition in Portugal

Continuing Vukile Property Fund’s (JSE: VKE) Iberian expansion, its 99.5% held Spanish subsidiary, Castellana Properties, has agreed to acquire a high-quality, blue-chip-tenanted portfolio of three shopping centres in Portugal.

9 September 2024

Pioneering a New Era: The Rise of Women in PropTech

In a fusion of two traditionally male-dominated industries, the rise of women in PropTech is more than a trend – it’s a transformative shift towards a more inclusive and innovative future. PropTech, the convergence of property and technology, is revolutionising how we bu...

30 August 2024

Insight: Inclusive leadership in real estate: a pathway to better cities

As August comes to an end and the conversations surrounding Women's Month transition to those about heritage, the pressing question remains: How do we maintain the momentum of gender inclusivity, ensure the sustainability of our achievements, and continue to build a Sout...

28 August 2024

Fourways Mall boosts its transformation with strategic enhancements and new retail experiences

Fourways Mall, South Africa's largest shopping destination, continues its forward momentum with significant strategic upgrades and the introduction of an impressive array of new retail brands.

27 August 2024