Catchwords

Emira grows dividends by 17.4% per share, boosted by its US assets

Emira Property Fund (JSE: EMI) announced a 17.4% increase in its cash-backed dividend of 66.43cps and growth in distributable income per share of 15.0% for the six-month interim period to 31 December 2022 versus the same period in 2021. Its net asset value per share incr...

15 February 2023

Fairvest completes renewal of Pretoria office building, 2Twenty Madiba

Fairvest Limited (FTA & FTB – listed on the JSE and A2X), which is a diversified REIT, has completed an aesthetic refurbishment of the landmark offices at 220 Madiba Street in central Pretoria. The upgrade of this asset secures its future relevance, appeal and compet...

7 February 2023

Growthpoint powers SA business through load-shedding

Growthpoint Properties (JSE: GRT) is going to great lengths to ensure its buildings and tenants’ businesses remain powered up during South Africa’s electricity crisis resulting from Eskom’s more frequent and longer load-shedding outages.

6 February 2023

Emira’s signs major deal with international contact centre at Newlands Terraces in Cape Town

Office occupancies in Cape Town and Durban could well be seeing an upswing – welcome news in markets that have suffered from rising vacancies in the wake of corporate downsizing and restructuring in the wake of the COVID-19 pandemic.

24 January 2023

IFC Partners with Growthpoint Properties Ltd. to Support Green Buildings in South Africa

Johannesburg, South Africa, December 14, 2022—To promote more sustainable and resource efficient buildings in South Africa, IFC today announced an investment in a green bond issued by Growthpoint Properties Limited that will help the company finance energy and water effi...

14 December 2022

Emira is embedding ESG values in the foundations of property ownership

Emira Property Fund (JSE: EMI) is making practical moves to further integrate environmental, social and governance action into its investment and operating decisions.

8 December 2022

New and improved retail variety opens at La Lucia Mall, just in time for the festive season

La Lucia Mall on the east coast of KwaZulu-Natal now offers even more lifestyle shopping variety with the introduction of Seattle Coffee and Tafelberg Furnishers and the stunning upgrade of its Food Lover’s Market.

6 December 2022

South Africa’s top retail development goes to Checkers Foods Franschhoek at the SACSC Retail Design and Development Awards

Checkers Foods Franschhoek, in the Western Cape, has been named the winner of the sought-after Spectrum Award for the best retail development and design, becoming an icon of the real estate development landscape at the South African Council of Shopping Centre’s (SACSC) A...

1 December 2022

Top honours for shopping centre marketing go to Gateway Theatre of Shopping at the SACSC Footprint Awards

The top accolade at the South African Council of Shopping Centres’ (SACSC) Footprint Marketing Awards 2022 - the Spectrum Award – has been won by Gateway Theatre of Shopping. Gateway, in KwaZulu-Natal, is owned by Old Mutual Property and marketed by Excellerate Brand Man...

30 November 2022

Vukile delivers another strong set of half-year results with positive trading metrics throughout the portfolio

Vukile Property Fund (JSE: VKE), the specialist retail REIT invested in South Africa and Spain, has reported funds from operations (FFO) of 80.8 cents per share and declared an interim dividend of 47.32 cents per share for the six months ended 30 September 2022. This str...

29 November 2022