Joel Pollak seems to agree with Trump’s vitriol which says the US can kick people out of Gaza and turn it into a piece of desirable real estate
February 7 2025 10:00 Donald Trump lives in a movie or maybe in an episode of a reality show, and it’s not The Apprentice. He enjoys saying controversial things to rile people, businesses, and often countries up. He’s a felon but also a cheat at golf and a liar. You just can’t believe much of […]
Growthpoint and Tricolt announce Olympus, a bold new mixed-use development in a province under pressure
December 12 2024 17:15 SA’s largest landlord Growthpoint Properties appeared to have taken its foot off of developments in Gauteng as it found the Western Cape had better priced opportunities until it surprised many with the announcement of The Olympus Sandton a few days ago. The company’s SA CEO, Estienne de Klerk told Property Flash […]
Property Flash wins big at the South African Property Owners Association (Sapoa) journalism awards 2024
September 6 2024 18:20 SOUTH AFRICA Last night, Property Flash (propertyflash.co.za) was awarded Property News Website of the Year – Runner-Up by the South African Property Owners Association (Sapoa) for 2024. This was part of awards held annually at the conference. The conference took place at Sun City, South Africa from Tuesday until Thursday night. […]
Is This South Africa’s Economic Goldilocks Moment?
June 20 2024 This is a guest article by Rael Levitt, CEO and founder of Inospace With recent political events still unfolding, South Africa’s economy stands at a pivotal juncture. This prompts the question: Is this South Africa’s Goldilocks moment? The recent election has ushered in a significant political shift, forming a unity government coalition […]
SA Reit Conference attracts a who’s who of the sector as Reits commit to optimism
February 28 2024 Recently the first South African Real Estate Investment Trust (Reit) Conference of the year was held at the Houghton Hotel in Johannesburg. It was really well-attended and the overarching message was for real estate businesses to be optimistic despite uncertainty around the country’s upcoming national election and volatility in certain large geographic […]
Delta Property Fund censured
February 19 2024 Delta Property Fund, the office owning landlord which focuses on renting to sovereign tenants is facing more challenges as it to tries to attract new investors and grow its liquidity. The JSE announced last week that it would censure Delta publicly for breaching listings requirements under its previous executive management, which included […]
After a relatively dull SONA speech, South Africans look to Minister of Finance for hope
February 12 2024 Last week’s State of the Nation Address (SONA) delivered by President Cyril Ramaphosa didn’t impress too many analysts, The prevailing feeling is that the President was electioneering as opposed to speaking about how SA has dealt with challenges in the past year. You’d expect a head of state to try to garner […]
Accelerate Property Fund likely to be taken over and delisted amid a litany of ills
January 8 2024 JSE-listed landlord, Accelerate Property Fund has largely disappointed in recent years with an ill-fated European investment strategy and its flagship retail mall, Fourways Shopping Centre (which it majority owns) having cost millions to upgrade. Critics have explained that the mall’s redevelopment went heavily overbudget. The largest shopping centre in Africa has had […]
IPF reborn as Burstone needs to win more love from investors as listed property goes back into vogue
November 17 2023 JSE-listed Burstone group’s financial results were not too keenly received on Thursday, with its share price falling around 5% by late trade on the day and then again by 2.59% on Friday. A new story Burstone was known as Investec Property Fund (IPF) until a couple of months ago. The group rebranded […]
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 […]