Redefine expands in Poland

Redefine Properties, the blue chip, JSE-listed diversified real estate investment trust (Reit), has advanced its geographic diversification strategy by buying a strategic 25% stake in a €1bn retail portfolio of 28 assets across Poland, said CEO Andrew Konig on Wednesday,……more

Vukile grows retail portfolio in Spain

Local real estate investment trust (Reit) Vukile Property Fund closed weaker on Wednesday, 6 December, following an announcement that it was acquiring two more shopping centres in Spain.
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Vukile said it was set to buy the Alameda Shopping……more

Major shift occuring in property market towards sustainability

4 DEC 2017 | SAVE | EMAIL | PRINT |  PDF    
Sustainability in the property sector is becoming more important than ever, says William Hughes, business sustainability consultant at Mazars, and companies operating in this market will need to undergo a paradigm shift in order to stay competitive.
“There is……more

Virgin exercises its green credentials

Virgin Active Collection Menlyn Maine is the second of the health club group's facilities to be awarded a 4-star Green Star SA rating for interiors, a tool that assesses the environmental attributes of interior fit-outs.
Virgin Active Collection Menlyn Maine
The 4056m²……more

Cape Town's City Hall closed for renovations

Cape Town's City Hall is undergoing a major makeover and will not be available until July 2018. The revamp of the facility started a few months ago and repainting of the main entrance hall, refurbishment of the slate roof, and……more

Vukile focuses its investment offshore

Vukile Property Fund, the JSE-listed Real Estate Investment Trust (REIT), this week reported its results for half-year to 30 September 2017. Results Summary
7.4% increase in dividends in line with guidance to 72.65 cents per share
Concluded landmark Spanish acquisition
……more