Property Flash


Cape Town CBD to take back the power amid electricity crunch

November 30 2023 The Cape Town Central City Improvement District (CCID) which helps to manage the city’s CBD has developed a practical eight-step plan for building owners, businesses, employees, and residents to save power to ensure the country’s most successful CBD continues to thrive.  The CCID explains that electricity is very scarce in SA, but […]

CCID delivers a superb performance in bumper year

November 29 2023 As 2024 approaches, Cape Town’s inner city is standing tall for its continual effort to improve the level of safety, the ease of doing business, social inclusion, and its ability to attract investment. In fact, nearly 30 years into democracy, there are many reasons why Cape Town’s downtown is the best in […]

Abundant opportunities in the land downunder

November 28 2023 This is a guest article by independent analyst, Keillen Ndlovu Arriving In Sydney I was last in Australia in 2018, before the world economy was effectively rest by the pandemic. Landing at Sydney Kingsford Smith Airport, one of the world’s oldest airports, after an 11.5-hour flight from Johannesburg, and adjusting to the […]

Emira Property Fund feels the pressure as the cost of operating in South Africa bites

November 16 2023 The diversified real estate investment trust (Reit), Emira Property Fund found it tough going in the six months to end-September 2023, its financial results for that reporting period showed this week. The company which owns a mix of buildings including 9 Long Street and 80 Strand Street offices in Cape Town, Boskruin […]

Redefine Properties’ Polish personal storage to be worth billions in a few years time

November 6 2023 Redefine Properties, one of SA’s largest landlord aims to grow its personal storage business to be worth at least R2bn in five years’ time. CEO Andrew Konig explained this after releasing financial results to the year to end-August 2023. Redefine (JSE:RDF) and Polish group, Griffin Capital Partners, which is a private equity […]

Is Octodec a takeover target?

November 3 2023 Octodec Investments, the JSE-listed diversified landlord which tends to invest mostly in the inner cities of Johannesburg and Tshwane, released financial results for the year to end-August 2023, in which it grew its dividend per share 3.8% to 135 cents from 130 cents. This is while numerous other listed property funds have […]

Grit Real Estate looks to target impact assets with the support of new financiers

October 31 2023 London and Mauritius listed property company, Grit Real Estate is talking to a variety of financiers to help the pan-African group to raise money so that it can invest what it calls “impact assets” such as call centres, data centres and healthcare properties. Grit, which was previously known as Mara Delta, Delta […]

Veld Capital announces sale of education-infrastructure assets in India

October 31 2023 Veld Capital, a private credit and real estate specialist investor has sold education-infrastructure assets in India to an international private equity investor. Following the first investment of an established boarding school in Bengaluru in 2019, Veldprovided liquidity solutions and helping to optimise capital structures for operators of schools. At thetime of exit, […]