MAS Real Estate says it will go to market next month to raise capital to fund its plans for its accelerated growth in the UK and continental Europe. Read more >>
Arrowhead Properties' plan to grow its portfolio to R10bn by 2016 was given a boost on Thursday (23 January) when a private placement to fund acquisitions was over-subscribed by R90m. Read more >>
Tower Property Fund‚ one of four real estate companies that made their debut on the JSE last year‚ exceeded its pre-listing forecast with a maiden distribution of 33c per share for the six months to November‚ compared with its pre-listing forecast of 31.4c per share. Read more >>
South African investors should add listed property stocks to their portfolios this year because their track record in beating inflation is better than cash‚ bonds and certain other equity investments‚ says Grindrod Asset Management's Ian Anderson. Read more >>
The current Cape property market, says Tanya Jovanovski, co-franchisee with Victor Schonborn for the Rawson Auctions franchise in the Western Cape, is now definitely feeling the effects of the weakening rand, which makes Cape property increasingly attractive to overseas buyers. Read more >>
Total income for SA's tourist accommodation industry rose by 10.5% year-on-year (y/y) in nominal terms (current prices) Statistics SA's tourist accommodation survey released on Monday (20 January) showed. Read more >>
With interest rates one of the most important underlying forces for the property sector and retail expected to perform well, South Africa's listed property sector can expect another interesting year in 2014. Read more >>
Fairly regularly in the process of awarding mortgage bonds for home purchases, the banks will be faced with a situation in which, for whatever reason (usually a serious change in the applicant's economic circumstances), the client will want to cancel the bond granted to him by the bank. Read more >>
