Growthpoint’s SA businesses impress
March 13 2025 17:00 Growthpoint Properties Group CEO, Norbert Sasse Growthpoint Properties Limited (JSE: GRT) delivered stronger-than-expected results for its six-month interim period to end-December 2024, reporting distributable income per share (DIPS) of 74.0 cents per share, up 3.9% from 2024 first half results, while maintaining its distribution payout ratio at 82.5%. In line with the first-half […]
Attacq management says group is on a strong growth trajectory for in first half of 2025 financial year
March 11 2025 16:00 Attacq, the JSE-listed Real Estate Investment Trust and development partner of Waterfall City, one of the country’s quickest growing nodes located in Midrand, is in a new phase of strength its management said on Tuesday, following the release of financial results for the six months to end-December 2024. The company whose […]
Spear Reit 2025 financial year pre-close reflects a transformative year, says Rossi
March 4 2025 01:00 SOUTH AFRICA Spear Reit, the Western Cape-focused real estate investment trust (Reit) has released an operational and financial update in its financial year 2025 pre-close presentation for the period to end February 2025. Spear Reit’s 2025 year stood out in the sector because of its strategic focus and consistent robust financial […]
Redefine optimistic that real estate in an upcycle
90 Rivionia Road February 25 2025 23:40 Redefine Properties (JSE: RDF) said in its pre-close investor update for the half-year ending February 28 2025 that its earnings outlook has stabilised. The company reported that its South African portfolio achieved a net operating profit margin of77.8%, while EPP, its directly owned Polish retail property platform, improved […]
Pragma Strengthens Waterfall City’s Position as a Hub for Industry Innovation
February 24 2025 17:45 SOUTH AFRICA Waterfall City has added Pragma as a tenant. Pragma is a consulting and industrial software business focused on physical asset management solutions for the mining, manufacturing, oil and gas, renewables and the public sector. Pragma’s move to Waterfall City reflects a shared commitment to innovation, sustainability, and operational excellence, […]
Growthpoint delivers landmark Longkloof Precinct heritage development
February 22 2025 13:45 Growthpoint Properties (JSE: GRT) has delivered a multi-year, multi-million-Rand revitalisation of the Longkloof precinct. The precinct redevelopment was curated by Growthpoint, South Africa’s largest real estate investment trust (Reit), in a heritage-led project to inject new life into the Longkloof Precinct. The project involved the renovation of several Growthpoint-owned buildings and […]
SA Reit sector bound for growth
February 21 2025 17:30 The South African Real Estate Investment Trust (Reit) sector is poised for growth in 2025 driven by improving investor sentiment and property undamentals, rising consumer confidence and falling interest rates. According to the SA Reit Association December and January Chart Books, the sector is expected todeliver strong income returns of around […]
Bayer Joins Waterfall City: A bold step toward innovation, sustainability, and collaboration
February 18 2025 16:30 Attacq, the JSE-listed group has welcomed Bayer, a global enterprise with core competencies in the life science fields of healthcare and nutrition at Waterfall City, a business precinct. Bayer, with its mission of “Health for all, Hunger for none,” will occupy a collaborative workspace within Waterfall City designed to foster creativity, […]
Emira releases circular for second tranche investment in Polish property specialists DL Invest Group
February 18 2025 16:00 Geoff Jennett, Emira Property Fund CEO Emira Property Fund (JSE: EMI) has announced the posting of a circular for the second tranche of its strategic investment in DL Invest Group, the Luxembourg-headquartered Polish property developer and investor, reinforcing the viability and strength of its well-received initial investment as Emira continues to […]
SA Reits expected to deliver positive distributable income growth for the first time in years
February 11 2024 07:45 Ian Anderson, Head of Listed Property and portfolio manager at Merchant West Investments, as well as compiler of the SA Reit Association’s monthly Chart Book, said the South African Real Estate Investment Trust (SA Reit) sector is poised to see positive distributable income growth for the first time in three years. […]