Author - PropertyWheel_GLP

News

Investec Australia Property Fund acquires Canberra office building

Investec Australia Property Fund has announced the acquisition of a low-rise office building in Symonston, Canberra for AUD 29 750 000, representing an initial yield of 6.93%. The property’s total gross lettable area spans 4 720 square meters of which includes a data centre component of 680...

Research

The property impact of electricity tariff hiking

Last week’s NERSA decided to allow a further above-inflation tariff hike. Whilst the 9.4% increase granted for 2019 wouldn’t appear too harsh in isolation, one has to evaluate the trend of tariff hikes well in excess of CPI inflation over more than a decade, which has significantly altered property...

Advice and Opinion

Architecture industry looks forward to stronger leadership

Following the probe into fraudulent misconduct into the South African Council for the Architectural Profession (SACAP), industry stalwarts are hopeful that new leadership will reposition the repute and stature of the profession to ultimately increase the quality of new infrastructure nationwide...

News

Record results achieved by EPP for 2018

Poland’s EPP has released record results for the group’s financial year which ended on the 31st of December 2018. The group reported distributable earnings of €96 million, representing a 26% increase from the prior year. EPP has announced a dividend of €11.60 cents, up 6.7% from 2017 with the...

Research

Property Insights – residential building sector review

The release of demand-side GDP statistics showed a very weak situation in the two property-related categories of fixed investment, i.e. residential and non-residential buildings fixed investment. These are heavily influenced by new building activity. Real residential fixed investment saw a further...

News

Cape Town’s luxury mixed-use The Rubik launches to market

Cape Town’s CBD has welcomed the newly launched luxury mixed-use building, The Rubik. The development is located on the corner of Loop and Riebeek Streets, consisting of premium residential apartments above luxury offices and high-end retail space which is housed within a distinctive modern glass...

Advice and Opinion

Community retail centres need to evolve to rival competition

As suburbs grow, often large shopping malls are being built within proximity to smaller community retail centres. The question is, how do these smaller centres survive and continue to attract customers in the process? According to Gregg Huntingford of Spire Property Management, the smaller centres...

Research

Retail property insights – Q4 GDP and retail property fundamentals

Fourth quarter GDP figures have been released by StatsSA recently, painting a picture of ongoing economic weakness. Quarter-on-quarter annualised GDP (seasonally-adjusted) growth was 1.4% which was down on the third quarter’s 2018 ‘high’ of 2.6%. On a year-on-year basis, the move was also slower in...

News

Texton clears the path for the return to positive performance

Texton Property Fund has reported a total dividend of 36.18 cents per share for its half-year ended on the 31st of December 2018. Whilst the company’s distributions were down 24.6% from December 2017, Texton has made significant strategic progress in clearing the way for improved performance. Its...