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
June 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 a 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 […]
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 […]
Another Brick in the Wall – The REIT Report – Episode 7 – Funding REITs for the future
June 6 2026 16:15 Vanessa Murray, Divisional Executive: Property Finance– Nedbank CIB JOHANNESBURG, SOUTH AFRICA Welcome to the latest episode of the fast growing podcast, Another Brick in the Wall. This is the seventh episode of the REIT Report series which falls under our comprehensive podcast. It is brought to you by the SA REIT Association. In […]
Emira sells down some of its US assets and invests in local property companies
May 29 2026 13:20 JOHANNESBURG, SOUTH AFRICA JSE-listed Emira Property Fund has sold down its US holdings and invested in Octodec Investments, as was reported in its latest set of financial results. During the reproting period, the group’s US holdings decreased from $673.6m to $381.5m. Emira, which also has exposure to the SA and Polish […]
Dipula Properties helped by overall improved conditions for South African landlords
May 27 2026 17:35 JOHANNESBURG, SOUTH AFRICA Dipula is benefitting from careful management and recent improvements in operating conditions for landlords and listed real estate investment trusts (Reits). The company led by CEO Izak Petersen achieved a 20% year-on-year increase in its distributable earnings to R310m for the six months to end-February 2026. Dipula also […]
Equites Property Fund investing locally after bloodnose in the UK
May 27 2026 13:45 CAPE TOWN, SOUTH AFRICA JSE-listed specialist logistics real estate investment trust, Equites Property Fund, has said it will focus its investing in South Africa having underperformed in the UK. In the financial year, Equites shifted from asset recycling to capital deployment and growth, focusing on SA as the main earnings and […]
Spear Reit shines with guidance beating FY2026 results
May 19 2026 17:00 CAPE TOWN, SOUTH AFRICA Western Cape-focused Spear Reit (real estate investment trust) continues to excel since listing a decade ago, delivering guidance-beating results for the financial year ended 28 February 2026. It reported a 6.02% year-on-year increase in both distributable income per share (DIPS) and distribution per share (DPS). The performance […]
Mall of Africa owner Attacq appoints Peter de Villiers as permanent CFO
May 15 2026 14:00 MIDRAND, SOUTH AFRICA Attacq, the South African real estate investment trust (Reit), yesterday announced the permanent appointment of Mr Peter de Villiers as Chief Financial Officer (CFO), from 1 June 2026.He has served as Attacq’s Interim CFO since December 2025. He joined the Attacq groupin March 2013 and was appointed to […]