Norbert Sasse

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

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

SA property funds are looking offshore and the rest of the African continent to weather the future effects of investment downgrades for the country, says Ortneil Kutama, Africa Property News.com Media Director.

SA property groups ready for a downgrade

African property developers could soon see more competition from South African funds as they look to invest out of South Africa with that country expected to receive a credit ratings downgrade in the near future. ... 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

Growthpoint Properties MD Estienne de Klerk said last week that the company would announce when the fund was ready to do so.

SA's Property Giant to enter the race for African Market

South Africa’s largest listed real estate investment trust, Growthpoint Properties, is expected to launch a joint venture in its first foray into the rest of Africa before the end of this year. ... Full story

GBCSA CEO Brian Wilkinson, right, with Werner van Antwerpen, who heads up Growthpoint Properties’ specialised sustainability division, at the Kirstenhof Office Park in Johannesburg, which has become the 100th building to achieve a 5 Green Star rating.

Significant milestone for SA’s Green Building Sector

The Green Building Council of South Africa (GBCSA) on Wednesday celebrated the commitment shown by the commercial property sector and that the green building movement has gained significant momentum with the achievement of 100 Green Star SA certifications. ... 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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