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In need of hotel rooms, Seychelles' govt tells developers to begin projects or lose them

Eight out of 18 tourism projects excluded from a moratorium on large hotels in Seychelles could be reallocated if the project backers don't begin construction within a year...

15 hours ago

Equites pays lavish dividend

Equites Property Fund, which is focused on high-end logistics assets, delivered double-digit growth in dividends for the six months to August, making it one of the top-performing listed real estate groups...

By Alistair Anderson 1 day ago

Marriott reinforces Africa expansion with new hotels, $8.5bn capital investment

Marriott International has announced further expansion plans in African with seven new hotel signings. Reinforcing is continued expansion in Africa, the global chain is targeting...

12 Oct 2017

Echo Polska Properties doubles retail portfolio with R11bn deal

Echo Polska Properties is doubling its retail assets with the €692.1m (R11.1bn) acquisition of a portfolio of 12 properties...

By Alistair Anderson 12 Oct 2017

Property remains safe haven asset for investors

When the economy is struggling with low growth, as South Africa's currently is, there are still opportunities for investments...

11 Oct 2017

Sirius has dividend target in its sights

German-focused Sirius Real Estate said on Monday, 9 October, that it had grown annualised rental income 2% to €65.2m for the six months to end-September...

By Karl Gernetzky 11 Oct 2017

Repeat buyers point to real estate market resilience, says BetterBond

According to statistics from BetterBond, the majority of current homebuyers (52%) are repeat buyers who are giving real estate a vote of confidence by re-investing the proceeds of their own sales...

6 Oct 2017

Dobsonville Mall R114m extension, upgrade complete

Dobsonville Mall, owned by Vukile Property Fund, recently completed its R114m extension and upgrade...

6 Oct 2017

Why listed infrastructure appeals to Black Rock

Investment house BlackRock says it is finding infrastructure businesses more attractive than many listed property groups...

By Alistair Anderson 5 Oct 2017

Growthpoint launches dual-certified property portfolio

Growthpoint Properties has launched its Thrive Portfolio which comprises 71 dual-rated office buildings in locations nationwide spanning more than 850,000m2 of office space, and valued at R16.1bn...

4 Oct 2017

Private Property looks forward to exciting future, new deal announced

Private Property has announced the conclusion of a deal which will see a change in ownership from the existing shareholder, OAM...

Issued by Private Property 3 Oct 2017

Cabinet approves land, tech bills for public comment

Cabinet has approved the Land Survey Amendment Bill and the Science and Technology Laws Amendment Bill for public comment...

29 Sep 2017

ProsperiProp introduces asset-backed crypto tokens

Newly launched fintech startup ProsperiProp is introducing low-cost asset-backed (property) crypto tokens...

28 Sep 2017

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International

Going the Reit route could help Attacq

Attacq, which owns the Waterfall development precinct, anchored by the 131,000m2 Mall of Africa near Midrand, last week reported foreign exchange and impairment losses of R280m on its European and African interests.

By Joan Muller 26 Sep 2017

Nepi Rockcastle buys Budapest mall in €275m deal

Nepi Rockcastle, the largest property company listed on the JSE, has bought a large mall in Budapest, Hungary for €275m.

By Alistair Anderson 20 Sep 2017

Dubai developers unveil mega projects despite downturn

Property developers in Dubai showcased new multibillion-dollar mega-projects on Monday, 11 September, despite falling prices, in the hope of stimulating demand and helping to end a three-year market downturn.

12 Sep 2017

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