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Growthpoint launches R2.4bn healthcare portfolio

Posted on 2018-06-14

14 JUN 2018  

Growthpoint Properties has launched an unlisted healthcare real estate investment trust (REIT) - Growthpoint Healthcare Property Holdings. The portfolio has received strong market interest, with its first close attracting capital commitments of R285m from third parties. It is……more

For Sale by way of Tender

Posted on 2018-06-13
Sokolic Property Group has been Mandated, by the Secured Creditor, to sell by way of Public Tender a Transport Yard with permissible usage as an Industrial Complex located in Beaufort West.

The Tender process allows those interested to inspect the property……more

Exemplar REITail takes up spot on JSE

Posted on 2018-06-12

12 JUN 2018 | 

Exemplar REITail, an offshoot of McCormick Property Development (MPD), has listed on the JSE. The company will focus entirely on the ownership and management of township and rural retail.

Exemplar board of directors: (L-R) Greg Azzopardi, Peter Katzenellenbogen, Jason……more

Construction mafia moves from KZN to Joburg

Posted on 2018-06-07
Community gangs claim to be fulfilling government’s mantra of radical economic transformation.

Ciaran Ryan  /  7 June 2018 00:40    

Picture: Moneyweb

It’s a shakedown that’s been going on for several years in KwaZulu-Natal, but is now rearing its head in Johannesburg. Local community gangs, often armed,……more

Development starts on new R3bn mixed-use precinct

Posted on 2018-06-04
Phase one is now under way on the R3bn Sandton Gate precinct development. It will include 15,500m² commercial space; 13,000m² P-grade office space and a 2,500m² gym positioned on the piazza level of the building. The first phase will also……more

Vukile portfolio delivers 7.7% full-year distribution growth

Posted on 2018-05-31
31 MAY 2018  

JSE-listed REIT Vukile Property Fund has reported 7.7% growth in dividends to 168.82 cents per share for the year to 31 March 2018. Its distributable income totalled R1.3bn and its net asset value increased 7.6% to 20.10 cents……more

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