South African property auction breaks Kyalami’s record
July 28 2026 15:00 DURBAN, SOUTH AFRICA A national commercial property company called In2Assets has said it achieved a landmark result in the South African property auction industry, with sale of an industrial facility for R285.5m at a monthly public property auction held on July 21. Situated at 25 Richard Carte Road within Durban’s established […]
$2.1Bn worth of property deals completed in Africa across the past 18 months
July 22 2026 13:15 CAPE TOWN Ahead of the 17th Africa Property Investment (API) Summit in Cape Town, investment pipelines are converting into a record number of transactions as the continent’s real estate and hospitality sectors receive increasing interest.Data gathered from professional across Africa’s real estate investment landscape reveals that the continent’s property and hospitality […]
Former Telkom Learning campus to become artisan training hub
July 3 2026 16:00 GAUTENG The former Telkom Centre for Learning in Olifantsfontein, Gauteng has been purchased by Africa Skills Training and Management Services that plans to redevelop it into one of the country’s largest artisan training hubs. The 24.7-hectare property, which includes more than 23 500 m² of purpose-built education and training facilities, was […]
Mall of Africa owner Attacq has R2.1bn worth of development projects for Waterfall City
June 26 2026 13:30 MIDRAND, SOUTH AFRICA JSE-listed Attacq is involved in R2.1bn worth of property development at its flagship development in Midrand, Waterfall City. Attacq owns Mall of Africa. Waterfall City, in the Midrand Corridor is a smart city according to Attacq. In an operational update on Tuesday June 23, Attacq reported 527,671 square metre […]
Stor-Age grows earnings as SA portfolio offsets UK slowdown
June 18 2026 16:40 CAPE TOWN, SOUTH AFRICA JSE-listed self-storage group Stor-Age Property Reit yesterday released its financial results for the year to end-March 2026. Management said the group was helped by “an exceptional domestic trading cycle to successfully offset cyclical macroeconomic friction in its United Kingdom portfolio”. The specialised real estate investment trust (Reit) […]
Sirius issues €185.1m of new notes in taps of two existing corporate bonds which extend each to €500m benchmark size
June 13 2026 12:15 GERMANY, SOUTH AFRICA Sirius Real Estate last week announced that it successfully placed €185.1m million nominal value of notes through taps of two of its existing corporate bonds (together, the “Issuances”), taking each bond to a total outstanding nominal amount of €500m. The first issuance comprises €150m nominal value of notes to […]
Sirius Real Estate’s 25th consecutive dividend increase underpinned by consistent sustainable FFO growth and strong operational performance driving adjusted NAV ahead of expectations
June 13 2026 11:35 GERMANY Sirius Real Estate, owner and operator of branded business and industrial parks providing conventional space and flexible workspace in Germany and the UK, recently announced its financial results for the year to 31 March 2026. The group saw a 4.9% increase in profit before tax to €211.4m (2025: €201.6m) due […]
Growthpoint Properties achieves record-low pricing on R1.8bn oversubscribed bond issuance
Juine 11 2026 15:40 Sandton, South Africa Growthpoint Properties (JSE: GRT), South Africa’s largest listed real estate investment trust (Reit), recently issued R1.8bn in senior unsecured bonds in significantly oversubscribed auction. The issue initially targeted between R1bn and R1.5bn and attracted keen investor appetite with bids of over R6.5bn, more than four times the initial target. […]
Burstone Group expects a strong 2027 saying diversified business model shields it against global volatility
June 9 2026 12:35 JOHANNESBURG, SOUTH AFRICA Burstone Group recently announced financial results for the year to end-March 2026, wherein it said its South African properties had rebounded after a depressed period. The “South African real estate market rebound” contributed to distributable income per share (DIPS) increasing 2.2% to 104.71 cents compared with 102.47 cents […]
FM Expo a great success in 2026
June 5 2026 21:46 MIDRAND, SOUTH AFRICA The FM Expo and its affiliate expos were huge success this week. Held from June 2 to 4 at Gallagher Estate, the expo cemented its position as the best national event for the facilities management industry. The Montgomery Group acquired the expo in 2016 and has held top-end […]