Author - PropertyWheel_G

News

Investec Property Fund delivers robust performance

Investec Property Fund Limited has announced an interim dividend of 70.93 cents per share (cps) for the six months ended 30 September 2019 (2018: 68.81 cps). This represents DPS growth of 3.1% year-on-year which is line with guidance provided in May. Guidance for the full year is maintained between...

News

SA REIT’s 2nd Edition of Best Practice Recommendations published

The SA REIT (Real Estate Investment Trust) sector has published the Second Edition of its ‘Best Practice Recommendations’ to enhance the transparency and comparability of financial reporting by SA REITs. The SA REIT structure was introduced to South Africa in 2013 and the first SA REIT...

News

Indluplace announces new staff appointments to focus on growth for 2020

Indluplace Properties has reinforced the strength of its management team with new appointments to continue driving improvements in operational and letting performance in the year ahead. The portfolio has grown rapidly through acquisition over the past two years and as a result Indluplace has...

Advice and Opinion

2020 and beyond: what’s in store for real estate?

Influenced by a multitude of factors and operating in regular cycles, the real estate industry has always been one of the most dynamic, but in recent years the changes have become progressively dramatic with the next decade poised for even more significant transformation. “Two decades ago, the way...

News

Corobrik passes R1bn investment with new Driefontein mega factory

Corobrik will see investment pass the R1-billion mark within the next two years as it readies its R800 million new mega factory in Driefontein for full production and begins to build a second new plant in KwaZulu-Natal. Speaking at the second South African Investment Conference at the beginning of...

News

Rebosis reports retail trading density up by 5.4% in latest results

Rebosis Property Fund, the JSE’s first listed black-managed REIT, has reported its results for the year ended 31 August 2019. The Fund reported excellent operating performance with a 100% success rate of lease renewals on large office expiries of over 200 000 GLA in the reporting period, a...

Advice and Opinion

Tax and Forex in Africa from a property perspective

A combination of political volatility, regulatory uncertainty and economic stagnation has seen South Africa understandably falling out of favour with local and global property investors of late. However, much of the rest of Africa remains a relatively attractive investment proposition across a...

News

South African REITs featured among JSE’s most empowered companies

Five South African REITS have been named among ‘The Top Empowerment Companies of 2019‘ in this year’s The Empowerment Report. In order of most empowered, the REITs are: Arrowhead Properties, Redefine Properties, Growthpoint Properties, Equites Property Fund, and Rebosis Property fund...