Vukile raises more than R3bn in bond auction
August 25 2026 17:45 JOHANNESBURG, SOUTH AFRICA Vukile Property Fund, the specialist retail real estate investment trust (Reit) concluded an oversubscribed auction of senior unsecured floating rate notes recently, attracting bids of R3.65 billion resulting in the issuance being over 3.3 times subscribed. The notes include three maturity tranches, all priced well below initial guidance, […]
Transnet go sell Carlton Centre and other mismanaged properties
August 24 2026 20:20 JOHANNESBURG, SOUTH AFRICA Transnet has taken the first step towards selling 15 of its properties, including Johannesburg’s forgotten Carlton Centre, according to a government gazette. The state-owned logistics company has identified a range of assets for potential disposal, including shopping centres, golf courses and offices. The Carlton Centre is a 50-storey […]
SA REITs return 1.4% in July as income growth carries the sector ahead of a retreating bond market
August 24 2026 18:40 Ian Anderson, Head of Listed Property and Portfolio Manager at Merchant West Investments SSouth African real estate investment trusts (Reits) delivered a total return of 1.4% in July 2026, moving ahead of both equities and bonds in a month when the bond market retreated. The All-Share Index returned 1.2% while the […]
Fast-track your application and move into your own mountain view home much quicker
August 22 2026 14:00 The Mossel Bay Municipality has approved a rent-now, buy-later fast track — no home loan needed to move in with an Instalment Sale Agreement. 2-bedroom homes are now available in the Mountainview development Mossel Bay: qualify for the First Home Finance (FLISP) subsidy, rent from R 2 600 per month, and […]
Nepi Rockcastle becomes too big for Eastern Europe on its own
August 19 2026 10:40 JOHANNESBURG, SOUTH AFRICA NEPI Rockcastle, Europe’s third largest listed retail real estate company by portfolio value and the largest property group listed on the JSE may be too big for central and eastern Europe as it pursues opportunities in Spain for the first time. The group released financial for six months […]
Balwin shareholders approve PIC-backed buyout and delisting
August 18 2026 16:00 Steve Brookes, Balwin CEO and founder JOHANNESBURG, SOUTH AFRICA Shareholders of JSE-listed residential sectional title developer Balwin Properties overwhelmingly approved the scheme of arrangement that will see the company acquired by consortium entity Bidco, led by the Public Investment Corporation (PIC), and then delisted from the main board of the JSE […]
First Multifamily Forum in API Summit’s 17-year history signals the sector’s arrival
August 18 2026 16:40 CAPE TOWN, SOUTH AFRICA In South Africa, stabilised multifamily real estate portfolios are posting occupancies above 95%. Yet, across Africa, the upside offered by the surging asset class has barely been tapped by institutional investors. On 18 September at the Cape Town International Convention Centre, the API Summit’s inaugural Multifamily Forum […]
Vukile opens R76.1m Nonesi Mall extension, strengthening Komani are
August 17 2026 22:00 Eastern Cape, South Africa Vukile Property Fund (JSE: VKE) has opened a R76.1m extension and refurbishment at Nonesi Mall in Komani, Eastern Cape. The fully pre-let expansion adds 3,100sqm of retail space, taking the centre’s gross lettable area to nearly 31,000sqm, and consolidates Nonesi Mall’s position as Komani’s leading shopping destination. […]
Smart money is buying where governance is broken but buildings aren’t
August 15 2026 11:30 JOHANNESBURG, SOUTH AFRICA Johannesburg’s commercial property market is being priced by postal code rather than by asset, according to new Gmaven research. Gmaven is a company behind one of Africa’s largest commercial property databases, and has compared more than 25 700 properties and over 1 500 high-value transactions made across Cape […]
Another Brick in the Wall – The REIT Report – Jackie van Niekerk – New Chairperson of SA REIT Association
August 15 2026 11:16 JOHANNESBURG, SOUTH AFRICA This is the latest episode of the fast growing podcast, Another Brick in the Wall. This is the twelfth episode of the first season of the REIT Report series which falls under our comprehensive real estate podcast. The REIT Report is brought to you by the SA REIT Association. In this […]