World-class private group Improvon predicts a strong 2025

January 6 2025 23:15 Improvon, a specialist property investment company focusing on the warehousing and logistics sector across sub-Saharan Africa, says ‘investable industrial nodes’ in Gauteng and the Western Cape will continue to drive demand for warehousing and distribution centre facilities throughout 2025. The fund has been a leader in 2024 with its strong performing […]
The South African commercial real estate market has surged to nearly R2-trillion

December 6 2024 10:45 Despite the Covid-19 pandemic, inflation-fighting interest rates and slow economic growth, South Africa boasts the largest commercial real estate (CRE) industry in Africa. If recent reforms persist, interest rates continue to lower and key metros stabilise, a long-awaited commercial property boom could follow. According to Gmaven, a provider of real estate […]
Burstone results confirm the group is on a trajectory to success

November 29 2024 16:15 Burstone CEO Andrew Wooler SOUTH AFRICA, EUROPE, AUSTRALIA JSE-listed Burstone Group, has become a fully integrated international real estate business, which recently announced half-year (first half of the 2025 fianncial year) results in line with guidance, reporting stable operational performances across its geographical businesses, despite earnings pressure from a high interest […]
Equites Property Fund Limited achieves its lowest ESG risk rating by Morningstar Sustainalytics to date

November 25 2024 21:45 Following the release of Morningstar Sustainalytics’ Environmental Social and Governance (ESG) Risk Ratings report, Equites Property Fund Limited announced that it has received an ESG risk rating of 8.0, which places the organisation in the “Negligible Risk” category, the best achievable tier. The risk rating score reflects the level of unmanaged risk for a company, with […]
Sirius Real Estate’s dividend climbs for the 22nd time

November 18 2024 21:45 Andrew Coombes, CEO of Sirius Real Estate GERMANY AND THE UK Sirius Real Estate has reported a 14.5% interim increase in funds from operations (FFO) while it has made acquisitions worth €141.5m (R2.457bn) in the six months to end-September.
Emira Property Fund is finding more opportunities abroad than locally

November 18 2024 15:00 Geoff Jennett, Emira CEO SOUTH AFRICA Emira Property Fund (JSE: EMI) which released financial results for the six months to end-September 2024 last week, said it was more likely to invest abroad than locally in the near to medium term. The diversified group which has already spread its investments out of SA […]
Equites raises R558m in debt auction at lowest levels to date

November 13 09:30 JSE-listed real estate investment trust (Reit), Equites Property Fund, raised R558m through the public auction of 3-year and 5-year listed senior unsecured floating rate notes in the South African debt capital market, it announced. It raised R188m in a 3-year note maturing November 2027, and R370m in a 5-year note maturing 14 November […]
Redefine Properties’ CEO says commercial property is at the start of an up-cycle

November 5 2024 14:45 Andrew König, Redefine Properties CEO SOUTH AFRICA Redefine Properties (JSE:RDF), the second largest SA-based landlord saw improvements in its key operational metrics for the financial year to end-August 2024. This year has marked a crucial turning point for the property sector, as easing interest rates and increasing confidence are leading to […]
AuctionInc. set to cap off stellar year with November 21 with bumper auction

November 4 2024 10:28 SOUTH AFRICA AuctionInc., South Africa’s most modern auction house, will end 2024 with aplomb as it hosts a bumper multi-purpose property event on November 21 in Johannesburg. The company has enjoyed a tremendous year, and November is set to bring in record monthly sales for AuctionInc., CEO Ari Ben says. A […]
Spear keeping investors on a path of success

October 25 2024 15:00 SOUTH AFRICA – WESTERN CAPE Spear Reit, the only Western Cape specialist landlord that is listed on the JSE has been entrusted to take its investors on a path of consistent returns as it carefully invests in, and manages premium assets across the province. The company, which initially listed on the […]