Catchwords

Vukile concludes oversubscribed R796m unsecured bond issue at record low pricing

Vukile Property Fund (JSE: VKE) has issued R796m of senior unsecured corporate bonds with three-, five- and six and a half-year maturities. Strong demand from the market was indicated with total interest of R2.7bn resulting in the issuance being over 3.4 times oversubscr...

23 August 2024

Lango concludes c.US$200 million Africa real estate acquisition from Hyprop and Attacq

In one of the largest real estate transactions in Africa over the past year, Lango Real Estate Limited has agreed to acquire the Africa (ex-South Africa) retail real estate portfolio ultimately owned by JSE-listed REITs Hyprop Investments Limited and Attacq Limited.

12 August 2024

Emira takes 25% strategic stake in Polish logistics-focused property company DL Invest Group

Emira Property Fund (JSE: EMI) has announced a strategic investment in the Luxembourg-headquartered Polish property developer and investor DL Invest Group, marking a significant milestone in the SA REIT’s international investment strategy. With a €55.5 million investment...

12 August 2024

In a first for South Africa, Growthpoint gears up for certified renewable energy rollout to offices

Pioneering a greener future for South Africa, Growthpoint Properties (JSE: GRT), the country’s leading real estate investment trust (REIT), is set to transform the commercial real estate landscape by introducing a clean, green energy benefit scheme called e-CO2 at 10 of ...

5 August 2024

Milestone as Growthpoint boosts Clur Index

South Africa’s largest primary JSE-listed real estate investment trust (REIT), Growthpoint Properties, has added its substantial portfolio of retail properties to the Clur Collective asset management support platform and integral shopping centre index. By sharing its si...

29 July 2024

Growthpoint begins construction on CT green office refit for Ninety One

Growthpoint Properties (JSE: GRT) has commenced construction on a green office refurbishment of its 36 Hans Strijdom Building, the Cape Town headquarters of Ninety One (JSE: NY1), in a move that reinforces both companies’ commitment to the Cape Town CBD and to sustainabi...

25 July 2024

Transfer seals the deal for new ownership of The Neighbourhood Square Shopping Centre

The Neighbourhood Square premier convenience shopping centre in Linksfield, Johannesburg, has transferred into the hands of its new owners Flanagan & Gerard Property Group and Burstone Group (JSE: BTN).

22 July 2024

Reside Awards 2024 Winners: Celebrating Excellence in the Residential Property Sector

Johannesburg, South Africa, 19 July 2024 — The 2nd Annual Residential Investment & Development (Reside) Awards, which recognise excellence and innovation in the residential property sector, have announced their winners for 2024.

19 July 2024

From startup to key industry player in five years: Internal Developer's (ID) rise in workplace design and build

In the business of workplaces, where innovation meets functionality, Internal Developers (ID) has emerged as a formidable force. Celebrating its fifth anniversary, this dynamic turnkey, Design + Build firm has charted an extraordinary journey from a fledgling startup to ...

18 July 2024

Fourways Mall boosts its management in a bold step towards redefining its future

South Africa’s largest shopping destination, Fourways Mall, has taken another step on its transformative journey. With its new strategic asset manager, Flanagan & Gerard Group, and property manager, Moolman Group, the mall is adopting a unique management approach des...

16 July 2024