Investing
Joburg’s historic Wembley Raceway Stadium hits the Auction Block
The historic Wembley Stadium and Raceway in Johannesburg CBD, where in the 1940’s speedway racing was the thing, is set to go under the auctioneer’s gavel during Auction Inc’s Multiple Property Auction on 2 July 2015. ... Full story
Old Mutual backs the Zone @ Rosebank facelift with R500m
Old Mutual Properties will redevelop Zone@Rosebank shopping centre in a R500m expansion that will see a number of top retailers added to the existing tenant mix.
Bond sell-off sparks drop in property index
FTSE/JSE South African listed property index has lost 9.48% of its value since the beginning of March.
Smaller property funds offer bigger returns, says experts
Few smaller listed property funds with specialised assets may still offer strong returns.
Property’s run hits obstacles
Property stocks continued to perform well over the most recent results season but market conditions and a lack of outlier events suggest this will be the last good set for results for the year.
Shree Property Holdings gets R1bn loan boost from Standard Bank
Standard Bank Group, Africa’s biggest lender by assets and earnings, has granted R1 billion to Shree Property Holdings, to enable the company refinance existing loan facilities and acquire new properties to add to its industrial property portfolio in KwaZulu-Natal.
Appetite for hotel development in Sub-Saharan Africa rises
Appetite for hotel development in Africa is increasing with many more businesses setting up offices or doing deals on the continent.
More shopping centres coming
At least 30 new shopping centres are expected to open their doors this year and next.
Catch-22 of noncore property investments
Weak market conditions are preventing companies from heeding the calls of eager investors to sell properties that are not core to their business.
Listed property’s hazy outlook
South African listed property is unlikely to outperform general equities by as big a margin as in previous years but there are still attractive opportunities in the sector.
Gooderson bets on better times
Boutique hotel and timeshare group Gooderson Leisure is spending on expansions in the 'bad times' to be ready when better times return to the hotel industry.
Steady seas for commercial investors
Small changes in short-term interest rates are likely to affect consumer spending patterns, says Attie Anderson FNB Commercial Property Finance’s head.
Transformation in limbo
Transformation is happening very slowly in property industry and on top of this, there is a general lack of skills entering the listed and unlisted property sectors, a panel discussion at the South African Property Owners’ Association (SAPOA) International Convention said on Wednesday.
Global demand for Waterfront living
The V&A Waterfront residential stock shortages is evident as cash buyers’ line up for luxury apartments, paying R8m for a two-bedroomed flat.
SA’s listed property funds outperform peers
South African-listed property funds comprehensively outper forms their global counterparts in the first four months of this year.
