Catchwords

Thrive Student Living to ease KZN’s student accommodation squeeze with 2,400 new beds in major R800m Growthpoint development

Thrive Student Living has started its largest student accommodation development yet. Representing a significant R800 million investment, the new purpose-built student accommodation development has commenced immediately adjacent to the main gate of the Howard College Camp...

18 November 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

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

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

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

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