Author - PropertyWheel_GLP

Research

Overall residential building activity subdued up to late 2018

Private sector-financed building activity in the South African market for new housing remained subdued in the first eleven months of 2018, based on data released by Statistics South Africa. However, significant divergences remain evident at a segment level, with the category of higher-density...

Areas and Places

Morningside Shopping Centre welcomes 10 new shops

Morningside Shopping Centre has welcomed ten new shops to ring in 2019.  The recognizable brands include Wellness Warehouse, Birkenstock, Whisky Brother, Scotch & Soda, Naked Coffee, Typo, Pick n Pay Clothing, Bidvest Waltons, Beauty Factory and Café Patisse.  Centre Manager Sharon Henry...

News

EPP outperforms the market for 2018

Polish retail property fund, EPP delivered a total return of 21% in 2018, significantly outperforming the market and the top performing listed property company of the year.  “Our focus on retail, specifically in the Polish market has given us clear advantages over some of our competitors who are...

News

Emira’s Denver warehouse refurbishment on track for completion in March

Emira Property Fund is set to complete the total refurbishment of its 9 800 square meter Denver warehouse facility in Johannesburg by March this year.  Situated on the corner of Mimetes Road and Kruger Street, Emira is investing R8.2 million in the major revamp project, which will bring the...

Areas and Places

Iconic V&A Waterfront Clock Tower receives much needed TLC

The gathering call for the V&A Waterfront’s Clock Tower to refurbished has been heard. Building refurbishment company, Indawo has completed the much-needed redecoration of one of Cape Town’s most important historic buildings.  The Clock Tower was completed in 1883 and it was the...

Research

Property insights – SARB interest rate meeting

The South African Reserve Bank Monetary Policy Committee will meet to deliberate on interest rates from the 15th to 17th of January and FNB expects it to leave its policy repo rate unchanged at 6.75%. The consumer price index inflation remains within the SARB’s 3% – 6% target range...

News

An improved focus on SA REIT governance to drive confidence in 2019

The South Africa REIT sector’s focus on improved corporate governance is expected to support positive sentiment for investment in the listed property sector this year.  Real estate analyst at Anchor Stockbrokers, Wynand Smit says that “the performance of South African REITs in the...

News

Texton shareholders vote firmly against share repurchase

Texton Property Fund’s shareholders have voted against the repurchase of shares in terms of the ‘Put Option’ related to the company’s 2014 B-BBEE deal. In the B-BEEE transaction, Texton Broadbased Empowerment RF (Pty) Ltd. acquired Texton shares funded by a loan from the...

News

15 on Orange boasts Cape Town’s largest PVT installation

Cape Town’s 15 on Orange Hotel, part of Marriott International’s Autograph Collection, has newly installed the fully operational Solarus Solar system on the building’s roof.  The largest hybrid Photovoltaic and Thermal project installed in Cape Town presently, the system provides the...