Rand Merchant Bank (RMB) will jointly fund a major US$182m A-grade office development in Lagos‚ Nigeria‚ the bank said on Wednesday (4 December).
5 Dec 2013 10:17
Hyprop Investments will buy 87% of the issued shares of African Land Investments for R768m. African Land owns the Manda Hill shopping centre in Lusaka, Zambia.
29 Nov 2013 06:33
Truworths has adopted a cautious and incremental approach to store expansion plans outside SA in order to gain a better understanding of the operating environment and the market potential, the fashion retailer said in its annual report, released last week.
By Zeenat Moorad 30 Sep 2013 11:38
Three years ago only a handful of formal shopping centres exceeding 10,000m² were scattered across Africa north of SA's borders. And not a single JSE-listed property company had a presence on the continent.
By Joan Muller 16 Sep 2013 06:25
The Resilient group of listed property funds has outperformed other established property groups thanks to the dominance of the funds in the market segments they focus on, according to Ndabe Mkhize, portfolio manager at Stanlib.
By Nick Hedley 5 Sep 2013 09:39
Africa's scope for investment is steadily increasing and demand for more formal retail options from shoppers is following suit.
By Zeenat Moorad 26 Aug 2013 07:54
There's still money to be made in the highly competitive rural and township retail market if you own established, dominant malls. But it is becoming more difficult to turn a decent profit on new shopping centres, says Resilient Property Income Fund's managing director Des de Beer, one of SA's early pioneers of non-metropolitan retail developments.
19 Aug 2013 09:16
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