Redefine’s dividend tops R5bn for the first time

Redefine’s R721 million Rosebank Link, a premium development targeting a 4-star Green Star rating, is close to completion. Picture: Supplied
Redefine Properties posted distribution growth of 5.5% for its 2018 financial year as the group’s gross dividend reached R5.2 billion. However,……more

Paragon Interface picks up international award for 1 Discovery Place

 
The SBID International Design Awards 2018, held in London late last month, named interior architecture company Paragon Interface the Office Design winner for 1 Discovery Place in Sandton.
“We are very proud to have won this award, and what it means……more

Emira’s R1.74bn retail property escapade in the US

Sharply focused on ‘power retail centres’ in secondary nodes.
Suren Naidoo  /  2 November 2018 
Warren Buffett is also hot for retail; 2017 saw him put $377m (R5.4bn) into Stone Capital, which owns 1 750 retail properties. Photographer: Patrick T Fallon/Bloomberg
Emira Property Fund’s investment……more

The ins and outs of commercial property investing in SA

You’ve got some available income to invest and your portfolio is lacking a commercial property investment. What exactly should you be looking for?
Many investors feel daunted by the large capital outlay required for a real estate investment and the onerous……more

Beaufort West Truck Centre - For Sale by Tender

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

IFA Hotels & Resorts, Jaltech launch R2bn property fund

Kuwait's IFA Hotels & Resorts and financial consulting firm Jaltech have entered into a joint venture to create the R2bn Zimbali Capital property fund.
Zimbali Lakes Resort Gatehouse
The fund is a Section 12J Venture Capital Company which will allow IFA and……more