Property Flash week in review: Big deals, bigger ambitions and a green agenda moving from talk to action
October 23 2026 16:20 JOHANNESBURG, SOUTH AFRICA Capital is on the move. A UK healthcare landlord with a JSE listing brought in a Singaporean sovereign wealth fund. A Western Cape Reit spent R1.4bn on new property. A veteran financier handed over listed shares worth more than R200m to transform part of Braamfontein. Beneath the deal-making […]
Spear Reit’s acquisition spree lifts its Western Cape portfolio to R8.8bn
October 22 2026 17:10 WESTERN CAPE, SOUTH AFRICA JSE-listed Spear Reit, the only real estate investment trust (Reit) on the JSE that invests only in the Western Cape, has delivered another set of guidance-beating results. It has also raised its forecast for the full year. On Thursday the group reported distributable income per share (DIPS) […]
SA REITs gain 1.6% in September as distribution growth climbs to 11.09% while the equity market falls 5.8%
October 2 2026 14:00 DURBAN, SOUTH AFRICA Sector moves back in front for the year to date on its heaviest trading volumes since March, with income growth at its strongest in almost a decade, although guidance points to slower growth in 2027 South African real estate investment trusts (Reits) gained 1.6% in September 2026, moving […]
PHP sells half its private hospitals to Singapore’s GIC in £700m deal to cut debt
October 19 2026 10:18 Primary Health Properties (PHP), the UK healthcare REIT with a secondary listing on the JSE, has struck a deal with a Singapore sovereign wealth fund that will cut its debt sharply after last year’s takeover of Assura. PHP has entered into a conditional agreement to establish a 50:50 joint venture with […]
Fairvest raises R1.25bn as investors pile into its township and rural retail strategy
October 16 2026 18:45 CAPE TOWN, SOUTH AFRICA JSE-listed Fairvest is impressing the market with the retail-focused real estate investment trust (Reit) raising R1.25bn in an accelerated bookbuild this week. On Friday, it announced that it increased the size of the offer from an initial R500m because of strong demand. Fairvest will issue around 185.18 […]
Property Flash week in review: Results shine, Tongaat bows out and Joburg’s vote looms large
October 16 2026 13:10 SOUTH AFRICA If one theme ran through the stories Property Flash published this week, it was the gap between the health of South Africa’s listed property sector and the state of the cities it operates in. Reits are reporting their best numbers in years, while Johannesburg heads into a municipal election […]
Another Brick in the Wall – SA Reits primed to manage global chaos
October 15 2026 13:40 DURBAN, SOUTH AFRICA Welcome to the latest episode of the Another Brick in the Wall podcast. In this episode, Michael and Alistair chat to Ian Anderson, Portfolio Manager and Head of Listed Property at Merchant West Investments. The three discuss how South Africa’s Reit industry has been tenacious in 2026 and […]
Tongaat Hulett to be delisted after 74 years as fraud case against former executives, including property boss Mike Deighton, drags into 2027
October 12 2026 16:00 KZN, SOUTH AFRICA The JSE will remove Tongaat Hulett from its Main Board on 3 November 2026, ending a 74-year listing for one of South Africa’s best-known companies and confirming that shareholders are unlikely to get anything back. The delisting, announced on 12 October, comes as the criminal case against seven […]
Double-digit dividends, stronger balance sheets and offshore expansion: JSE-listed property groups deliver a standout results season
October 11 2026 10:30 SOUTH AFRICA South Africa’s listed property sector has come through the latest results season in its best shape in years. From the country’s biggest landlords to its offshore-focused counters, the message from the reporting period that ran from late July to early October was remarkably consistent: rental income is growing ahead […]
Hammerson goes on the front foot: Manchester Arndale deal, raised guidance and a 2027 pipeline set the tone for the JSE-listed retail landlord’s next phase
October 8 2026 15:45 Manchester Arndale Shopping Centre LONDON AND JOHANNESBURG, UNITED KINGDOM Hammerson, the JSE- and London-listed owner of some of the UK, Ireland and France’s best-known large shopping destinations, is heading into the end of 2026 and into 2027 with its strongest earnings momentum in years and a clear change of gear. After […]