Evan Robins

It is becoming harder to make the case to invest in SA’s listed property stocks while economic growth is weak and funds are raising little capital at home, the panel said at the Sapoa conference.

SA REITs eager to seize opportunities in other African countries

South African Real Estate Investment Trusts (REITs) have renewed their appetite for African property assets following a challenging economic environment negatively impacted the local listed property sector in 2018. ... Full story

Property groups in Africa should study how well healthcare Reits have performed in the US and UK and then replicate the most effective structuring, advises Ortneil Kutama.

Healthcare Property holds benefits for Africa

As Africa tries to build up a listed real estate industry, healthcare real estate investment trust (REITs) become more attractive on the continent. ... Full story

Norbert Sasse‚ CEO of Growthpoint Properties said: “With the full commitment of our partners‚ we are creating a powerful platform for pan-African property investment."

SA’s largest property group secures $40m funding to invest in African venture

South Africa’s largest property group, Growthpoint Properties which controls a portfolio valued in excess of $6.5bn (R100bn ZAR), has secured $40m (R606m) finance facility with the International Finance Corporation (IFC). ... Full story

Growthpoint CEO Norbert Sasse said we needed the right partners and expertise to create a powerful platform for pan-African property investment.

SA's Growthpoint launches $90m pan-African real estate fund with Investec and IFC

South Africa’s largest property fund, Growthpoint Properties is investing alongside Investec Asset Management, the global investment management firm, partnered by the International Finance Corporation (IFC) to launch a pan-African investment strategy. ... Full story

The growth of REITs could help African nations harness the opportunity that the market offers and increase accessibility of long term funds for developers on the continent, reports Ortneil Kutama, Africa Property News Media Director.

African REITs will take time

It could take years before there are Real Estate Investment Trusts (REITs) in African countries other than South Africa. But the wait will be worth it as the continent offers strong future GDP growth supported by a large population, untapped resources and growing wealth. ... Full story

Hyprop Investments CEO Pieter Prinsloo says the total investment in sub-Saharan Africa was worth more than $172 million (R2 billion) at the end of December last year

SA Shopping Centre Investor grows asset base to $172m in sub-Saharan Africa

Hyprop Investments, South Africa’s third largest JSE-listed real estate investment trust (REIT) on Monday reported that its asset base in sub-Saharan Africa had increased to $172 million (ZAR R2 billion). ... Full story

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Watch: A Credible Market, the need for Standards in Property Industry

Valuation standards have a significant role to play in helping to regulate professional practice at national, regional and global levels, promoting professional ethics, integrity, impartiality and trust in valuer activities in the property industry. ... Full story

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