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.
Real estate entrepreneur Bronwyn Corbett says investors who have stuck by pan-African property fund Grit Real Estate in its various guises over the past few years are finally to be rewarded.
The rebound in the FNB/BER building confidence index is a “positive surprise”, says John Loos, property economist at FNB. But he warns it comes off a low base and will be difficult to sustain given the poor economic fun...
Shopping mall owner Hammerson plc says it will not be derailed by an opportunistic share and cash takeover proposal by Frances Klpierre claiming it undervalues the JSE-listed retail real-estate investment trusts ...