Author - PropertyWheel_GLP

Research

Property market sentiment declines further in 2018 third quarter

After reaching a recent high in the fourth quarter of 2017, the level of positive sentiment regarding conditions in the South African residential property market remained on a gradual downward trend up to the third quarter of 2018. The overall national Homeowner Sentiment Index score, which...

News

Balwin reports strong financial growth period

JSE-listed Balwin Properties has reported strong financial growth for the interim financial period ending 31st of August 2018. Balwin Chief Executive, Steve Brookes comments: “Despite tough economic conditions and an increase in the VAT rate, we reported strong growth during the period. This was...

News

Attacq introduces Waterfall’s first high-rise luxury apartments

Attacq Limited along with Tricolt have announced plans to launch the first high-rise luxury apartments in Waterfall City, Ellipse Waterfall. Set to transform urban luxury living in Gauteng’s fastest growing node, residents will be able to select the ideal living space to meet their...

News

City of Cape Town to stimulate increasing need for solar energy

The City of Cape Town is working its plans to establish an appropriate business model to stimulate the uptake of solar photovoltaic systems. This announcements follows the need for aggressive renewable energy targets. The number of increasing customers installing rooftop solar photovoltaic...

News

Equites distinguished logistics portfolio continues to impress

Equites Property Fund has announce a growth of 11.7% in its distribution per share for the six months ended on the 31st of August 2018 to 68.12 cents as well as a growth of 49% in the fair value of its property portfolio over the corresponding period in August 2017, from R6.8 billion to R10.1...

News

Divercity invests in redevelopment of inner-city Joburg

Divercity Urban Property Fund has announced its R2 billion investment in Johannesburg as part of its strategy to create thriving mixed-use inner-city projects. The investment will focus on the redevelopment of the iconic Absa Towers Main building and Jewel City. Newly launched, Divercity is an...

News

Emira acquires stake in Transcend Residential Property Fund

Emira Property Fund will take a minority stake in JSE AltX-listed Transcend Residential Property Fund, furthering Emira’s stated strategy of expanding its investment in residential rental property.  Transcend has announced its intent to issue new equity to fund the R1.27 billion acquisition...

News

Emira Property Fund announces landmark R1.8 billion B-BBEE deal

Emira Property Fund is selling a R1.8 billion portfolio consisting of 25 office assets to a new majority black-owned equity, Shankly Property Investments which is specially setup for this purpose.  The deal is the group’s largest to date, concluding the REIT’s programme of rebalancing...

News Research

Retail property best performing property sector over past decades

Whilst the residential property sector caught much of the attention during its “bubble’ period from around 2000 to 2008, and was regarded as the “expensive” property category for a while thereafter, it appears to be the retail property sector that has been the “out performer” of the major property...