Dipula Properties acquires R2bn worth of retail assets
September 4 2026 15:30 JOHANNESBURG, SOUTH AFRICA JSE-listed South African real estate investment trust Dipula Properties has bought nine shopping centres from Moolman Group and its co-investors in a deal worth R2bn. This deal, which adds almost 90,000 square metres of retail space, involves malls located in the Free State, the North West, Gauteng, and […]
SA REITs pull back 5.0% in August as investors take profits while local bond yields hold steady
September 4 2026 15:15 DURBAN, SOUTH AFRICA South African real estate investment trusts (REITs) returned -5.0% in August 2026, against the All Share Index at 4.6% and the All Bond Index at 0.7%. The sector is 2.4% higher year to date, marginally behind equities at 2.8% and bonds at 3.5%. It is a near-exact reversal […]
Housing developer Blok Calls On Capetonians to join Annual Sea Point Beach clean-up
September 4 2026 15:00 Blok, in collaboration with Pristine Earth Collective and Statistics South Africa, along with their Neighbourhood Heroes, is inviting residents and visitors to help restore Sea Point’s coastline during its fourth annual Blok Spring Clean. The community clean-up will take place at Broken Bath Beach, to the right of the Sea Point Pavilion, from 9am […]
Spear gains momentum as R1.4bn acquisition drive strengthens FY2027 outlook
September 4 2026 14:35 CAPE TOWN, SOUTH AFRICA Western Cape-focused real estate investment trust Spear REIT is heading into the second half of its financial year with earnings tracking at the upper end of guidance, supported by strong overall operational and financial performance. This was revealed this week at a market briefing by the Cape-invested listed group. The group […]
Landmark Pietermaritzburg CBD property portfolio offered for sale by tender
September 2 2026 16:00 Pietermaritzburg, South Africa Three strategically positioned commercial properties which present a significant investment opportunity in the heart of KwaZulu-Natal’s capital are up for sale via private tender. These are among the best South African government-occupied commercial properties available in the market currently. The well-established group, Peter Maskell Auctions presents an opportunity […]
Shoprite set to buy Vida e Caffè chain as Portugal inspired chain turns 25
September 2 2026 13:40 CAPE TOWN, SOUTH AFRICA Shoprite announced that in August it agreed to acquire the South African coffee chain, Vida e Caffè. If you have been to an airport in South Africa, you would have seen a Vida store. Shoprite would buy Vida’s 400 corporate and franchise stores nationwide. Vida was formed […]
Redefine positions R101.2bn portfolio for growth in a world shaped by structural change
August 31 2026 17:30 Redefine Properties which is SA’s second largest home-based property group said at a capital markets presentation last week that it has positioned assets for a market in which long-term structural shifts are expected to have a greater influence on returns than the traditional property cycle. It said that consumer-driven assets now […]
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 […]