MADRID - The number of beds listed by online home rental services like Airbnb in Spain surpassed the number on offer by hotels last year, a study published by Spanish tourism sector body Exceltur showed.
Safari Investments, which focuses on township shopping malls, on Wednesday described its maiden full-year financial results as "strong and steady", lifting its headline earnings per share to 54 cents from 30 cents.
SHANGHAI - Chinese property and entertainment giant Wanda Group, which formally took a 20 percent stake in Spanish football club Atletico Madrid in April, will buy at least three more sports companies this year, its chairman said.
ACCELERATE Property Fund and its development partner, Fourways Precinct, plan to turn the Fourways shopping centre into a superregional centre of 170,000mÂ², adding a further 90,000mÂ² of new space in a major expansion.
WHILE most large listed property funds have seen their strong share price runs of the past few years come to halt this year as investors sold bonds in anticipation of future interest rate hikes, a few smaller funds with specialised assets may still off...
THE FTSE/JSE South African listed property index (Sapy) has lost 9.48% of its value since the beginning of March, mainly because of the sell-off in bonds this year, given investorsâ€™ belief that the US will raise interest rates for the first time...
Stenprop, the property company listed on the Bermuda Stock Exchange and the JSE's AltX, on Thursday posted strong annual financial results, thanks to the "transformational" acquisition of Stenham's property portfolio.
Despite consumersâ€™ seemingly waning appetite for retail therapy, at least 30 new shopping centres, varying in size from 5000mÂ² right up to 120000mÂ², are expected to open their doors this year and next.