Listed Property Sector

Grit Real Estate CEO Bronwyn Corbett said the group continued to grow its operations through carefully considered investments and partnering with large international tenants.

Grit Real Estate — treading where angels fear

While many property investors voted against Africa with their feet leaving the continent when its economies were on its knees — for Grit Real Estate, it was a triumphant entry. ... Full story

Hyprop CEO Morné Wilken said: “At interims in March 2019, we stated clearly our intention to curb Hyprop’s exposure to sub-Saharan Africa.

SA Shopping Mall Investor reduces exposure to Africa

Hyprop Investments, South Africa’s largest listed specialized shopping centre owner, on Friday said that AttAfrica Limited, in which it owns a 37.5 percent stake, had concluded an agreement to dispose of its interest in Achimota Retail Centre in Ghana. ... Full story

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

Although quite a few African economies offer good growth opportunities, there are ongoing regulatory and fiscal challenges, says Ortneil Kutama

Hyprop to exit sub-Saharan Africa, but Grit Real Estate stays put

While Attacq, famous for developing one of SA’s largest retail centres, Mall of Africa, and Hyprop investments, the owner of some of the best rated shopping centres, are trying to divest from the African continent, Grit Real Estate is spreading itself across the continent. ... Full story

Andrea Taverna-Turisan, SA REIT Committee Chairman, says, the time is right to take the next step and issue more robust guidance for REITs.

SA REITs corporate governance under spotlight

Analysts say South African real estate investment trust (Reit) sector has to pull up its socks and provide better disclosure as it tries to lure back investors. ... Full story

Bronwyn Corbett, CEO of Grit Real Estate, says more investors are sending teams to other African countries to seek deals.

Africa-focused Property Fund optimistic about region’s long-term prospects

While many foreign investors may be cautious about Africa’s growth prospects at this stage, Grit Real Estate, Africa's largest property fund believes continent could be set for growth in the long term. ... Full story

African real estate market gained traction in 2016, notably in the hotel, retail and residential sectors. One hopes that, in 2017, there will be fewer economic and structural difficulties on the continent, said Ortneil Kutama.

African real estate market still standing after tough 2016

African real estate has had a tough year navigating diffcult economic conditions. Most investors on the continent remain private equity groups as opposed to long term investors or Real Estate Investment Trust ( Reit) investors. ... 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

Mara Delta has demonstrated its confidence in the Africa real estate business, announcing that it is looking into investing a further US$ 110 million into Mozambique.

Pan-African property fund confidently invests $110m in Mozambican real estate

Mozambique - The slowdown in Africa’s economic growth outlook, and currency volatility, have compelled property developers, retailers and institutional funds to reassess their investment strategies. ... Full story

South African property market is valued at USD $403 billion, according to latest finding by Portia Tau-Sekati, CEO of the Property Sector Charter Council.

South African Property Market worth $403-billion

South African property market is currently valued at a staggering USD $403 billion (R5.8-trillion ZAR), according to latest research released by the Property Sector Charter Council (PSCC) in Johannesburg on Tuesday. ... Full story

1 2 3 next total: 26 | displaying: 1 - 10

Newsletter

Africa Property Investment News | Commercial & Residential Property | Real Estate and Construction News
News and promos in your inbox