CFO Jenna Sprenger to leave Burstone and be replaced by Myles Kritzinger
July 8 2025 11:45 SOUTH AFRICA Burstone Group has announced that its Chief Financial Officer, Jenna Sprenger, will leave her role and be replaced by Myles Kritzinger, who was previously CEO of Transcend Residential Property Fund. “In compliance with paragraph 3.59 of the Listings Requirements of the JSE Limited and paragraph 6.42of the JSE Debt […]
Why the multi-family residential rental market is key for SA’s growth and development
June 25 2025 12:25 SOUTH AFRICA Our editor, Alistair Anderson, is proud to have appeared on episode five of The Absa Africa Impact Matters Podcast series, where he spoke about the South African Multifamily Residential Rental market with experts including Amelia Dieperink who is Head of Affordable Housing (Commercial Property Finance) at Absa, Rob Wesselo […]
Vukile Property Fund joins the premier league of SA real estate companies
June 18 2025 12:30 SOUTH AFRICA, SPAIN AND PORTUGAL Vukile Property Fund’s asset base has surpassed R50bn as the group which has been listed for 21 years continues to impress as a reliable dividend player. The group announced it had passed the R50bn landmark upon releasing financial results for the year to end-March 2025 on […]
Burstone Group touts its 2025 financial year as one of strategic transformation which delivered strengthened balance sheet and new revenue opportunities
June 12 2025 16:10 The diversified JSE-listed landlord, Burstone, on May 28 2025, released financial results for the year to end-March 2025. The results showed that the group is growing, having diversified in SA and Europe. Burstone’s results were in line with guidance, “reporting significant progress in the roll-out of its funds and asset management […]
Sirius Real Estate achieves twelfth year in a row of increased dividends
June 3 2025 16:10 GERMANY Sirius Real Estate, the JSE and LSE-listed owner and operator of branded business and industrial parks providing conventional space and flexible workspace in Germany and the UK, has grown its dividends 12 years in a row. This was revealed in its consolidated financial results for the year to end-March 2025, […]
Emira Property Fund gains some momentum as its dividend climbs 5.9% in 2025 financial year
June 2 2025 22:30 Hyde Park Lane JOHANNESBURG, SOUTH AFRICA Emira Property Fund (JSE: EMI) last week reported a strong set of results for its full year to-ended March 2025 highlighting consistent strategic execution, accretive diversification and disciplined capital management. The company declared a cash-backed final dividend of 61.50 cents per share, taking the full year […]
Was Geoff Jennett asked to leave over a difference in vision?
May 29 2025 10:30, updated June 2 2025 Former Emira CEO, Geoff Jennett It’s unclear if Emira’s previous CEO Geoff Jennett left over a difference in strategic vision between him and the company’s largest shareholder, Castleview. He left after around 10 years in his role. He had replaced James Templeton, having been the CFO under […]
Spear Reit acquires Berg River Business Park in Paarl
May 28 2025 14:45 Spear Reit, the only Western Cape focused JSE-listed fund, has acquired Berg River Business Park, a 30,000m² multi-let industrial park in Paarl. The asset was acquired for R182.150m, with an initial yield to the Spear platform of 9.35%. The transaction will be settled via a Section 42 asset-for-share arrangement, with the […]
Growthpoint says its logistics portfolio will bolstered by completion of Arterial Industrial Estate in Cape Town
May 19 2025 18:45 SOUTH AFRICA Growthpoint has strategically grown its logistics and industrial assets from 15% to 20% of its total SA portfolio value in recent years, it said. At the same time, Growthpoint increased its exposure to modern logistics warehouses, the backbone of Growthpoint’s long-term value creation approach in this sector. Modern logistics […]
Dipula Properties and Fairvest no closer to a merger
May 19 2025 17:42 SOUTH AFRICA Last week, Dipula Properties, formerly known as Dipula Income Fund, announced its intention to exit the residential sector. The group said so during the release of financial results for the six months to end-February 2025. This is as the company which just turned 20 looks to invest more its […]