Redefine positions R101.2bn portfolio for growth in a world shaped by structural change
August 31 2026 17:30 Redefine Properties which is SA’s second largest home-based property group said at a capital markets presentation last week that it has positioned assets for a market in which long-term structural shifts are expected to have a greater influence on returns than the traditional property cycle. It said that consumer-driven assets now […]
Hammerson’s total net rental income climbs 40%
August 5 2026 15:50 Manchester Arndale JSE-listed Hammerson Plc, the landlord who owns numerous large retail centres in the UK and Europe, recently reported healthy growth in its income and returns in its financial results for the six months to end-June 2026. Hammerson saw its total net income climb 40% during the reporting period. It […]
GCR ratings affirms Vukile issuer rating
July 24 2026 16:30 SOUTH AFRICA GCR Ratings this week released a credit rating announcement in which retail landlord Vukile’s credit rating has remained unchanged and GCR has affirmed the national scale issuer rating of AA+(ZA) and A1+(ZA), for the long and short-term respectively, with a stable outlook. GCR said the issuer rating reflected Vukile’s […]
SA Reits cap 2025 with 38.6% return as sector enters new year on firmer footing
January 14 2026 17:40 Two-year rally delivers 88% cumulative gains as dividend growth returns to double digits South African real estate investment trusts (Reits) delivered a strong 38.6% total return in 2025, building on their 35.8% performance in 2024 to complete two consecutive years of exceptional gains, according to the latest SA REIT Association Chart […]
Mega amusement park planned for Durban beachfront
December 11 2025 14:15 SOUTH AFRICA Image – Supplied There is talk that a new amusement park, backed by a R1bn private investment, is planned for Durban’s beachfront at the former Funworld site. This is an unprecedented investment for Durban’s beachfront. eThekwini Mayor Cyril Xaba said on Wednesday in a press conference that the Durban […]
What next for RMH and Atterbury?
September 9 2025 17:45 SOUTH AFRICA The spat between Atterbury Property and RMH Holdings is not over. Recently Atterbury removed RMH’s CEO Brian Roberts from its board. Roberts had been a director at Atterbury for eight years. Atterbury operates across the country with its base in Pretoria. It was founded by Louis van der Watt […]
SAPOA Launches SA’s first Municipal Performance Awards for Local Governments
August 26 2025 13:30 SOUH AFRICA For the first time in South Africa’s history, the financial health of the nations municipalities will take centre stage on a national platform, not for criticism but for celebration. This is according to the South African Property Owners Association (SAPOA), which in partnership with Ratings Afrika and the Banking […]
Sirius Real Estate grows UK portfolio by c. 20% with £101.1m acquisition of Hartlebury Trading Estate
August 21 2025 14:25 Andrew Coombs, CEO of Sirius Real Estate Sirius Real Estate, the owner and operator of branded business and industrial parks providing conventional space and flexible workspace in Germany and the UK, has completed the acquisition of the Hartlebury Trading Estate in Worcestershire for £101.1m, excluding acquisition costs. CEO Andrew Coombs said the […]
Vukile acquires flagship Spanish mall in EUR305m deal
March 12 2025 17:10 Bonaire Shopping Centre Vukile Property Fund (JSE: VKE), the specialist retail real estate investment trust (Reit), through its 99.5% held Spanish subsidiary Castellana Properties, has acquired the largest shopping centre in Spain’s Valencia province, the Bonaire Shopping Centre, from multinational retail real estate investment trust (Reit) Unibail-Rodamco-Westfield. The purchase consideration of €305m represents […]
Attacq management says group is on a strong growth trajectory for in first half of 2025 financial year
March 11 2025 16:00 Attacq, the JSE-listed Real Estate Investment Trust and development partner of Waterfall City, one of the country’s quickest growing nodes located in Midrand, is in a new phase of strength its management said on Tuesday, following the release of financial results for the six months to end-December 2024. The company whose […]