Spear REIT Limited, a Real Estate Investment Trust (REIT) listed on the JSE, reported its annual financial results this week, posting double-digit earnings growth amidst a dampened economic environment for the South African listed real estate sector.
Redefine Properties is to expand its offshore property platform with the acquisition of a strategic 25% stake in a one billion euro retail portfolio of 28 quality established and well located assets in Poland.
PSG Alpha Investments, a subsidiary of the JSE-listed PSG Group, has acquired a 50% stake in Evergreen Lifestyle, South Africa’s pre-eminent provider of retirement living and a division of the Amdec Group.
JSE REIT Stor-Age will shortly enter the UK self storage market with an estimated R1.3 billion acquisition of the region’s sixth largest self storage operator, Storage King.
The acquisition is in line with Stor-Age’s stated s...
