Property Flash


Octodec Investments management says resilient assets are driving its recovery

May 14 2024 10:23 JSE-listed Octodec Investments, which owns residential and retail space primarily in the CBDs of Johannesburg and Pretoria, has reported a 6.4% decline in distributable earnings per share in its interim results for the six months to end-February 2024, blaming higher municipal costs and a tougher operating environment. This meant that Octodec’s […]

TUHF – 20 years of believing in people who believe in our cities

May 17 2024 18:00 Paul Jackson, CEO and founder of TUHF looks back on a fulfilling 20 years at the helm of the commercial property finance group and explains how TUHF is set for stellar success going forward. TUHF hasn’t had it easy trying to raise capital so that previously disadvantaged micro-to-small developers can make […]

Cape Town leads with 9 out 10 of SA’s most expensive suburbs

May 13 2024 21:00 Guest piece for Seef Property Group An analysis of the average selling prices in 2023 across the country by the Seeff Property Group revealed that nine of the most expensive suburbs are in Cape Town. Only Sandhurst from the Sandton/Johannesburg area makes it into the top ten. These top ten suburbs […]

Calgro M3 declares its maiden dividend

May 13 2024 19:30 Integrated housing developer Calgro M3 saw its shares climb 7% to R5.75 on Monday, as the group which had been seen a darling capital growth investment some years back before running into numerous challenges, declared a maiden dividend of 9.49350 cents per share. This was off the back of Calgro M3’s […]

Cape Town CBD – an address of choice for living, playing and working

May 7 2024 08:00 While cities across the world grapple with low growth and high interest rate environments, coupled with pressures on infrastructure, the demand for new living, office and mixed-use spaces in the Cape Town CBD is palpable, with unique buildings like The Barracks and The Rubik adding to an already impressive property mix. […]

GRT’s Student Accommodation arm aims to list within a few years

April 30 2024 15:00 Growthpoint Student Accommodation REIT (Real Estate Investment Trust) has injected R1.5bn into student housing since JSE-listed Growthpoint Properties launched the business around two years ago. This arm of Growthpoint which the company aims to list separately in the near future, has added 4,000 new student beds across 12 residences in Cape […]