Asset News Hub

2025-04-01 12:13:00.0

In2Assets: Showcasing prime SA commercial & industrial assets going on auction this April and May

In2Assets’ impressive trajectory is marked by high-profile, high-value deals across diverse sectors including logistics, warehousing, office space, and retail with clients including portfolio owners, ...

Asset News Hub

2025-04-01 07:07:00.0

Bond approvals for luxury homes jump +15% y/y

BetterBond has reported a 15.23% increase in bond approvals for homes priced +R3m year-on-year, now making up 10% of all bonds. From foreign investment and returning expats to lifestyle-driven reloca...

Asset News Hub

2025-03-31 16:57:00.0

Accelerate Property Fund targeting a ‘smaller, premium, retail-oriented’ portfolio post restructu...

Other initiatives included the extension of its debt facilities for 24 months and further property disposals with a total of six assets sold of for an aggregate consideration of R704 million. Of the ...

Asset News Hub

2025-03-31 13:56:00.0

Emira posts operational update, ‘on track to exceed’ FY25 objectives

Emira Property Fund has issued an operational update post the release of its financial results for the six months ended 30th September 2024 released in mid-November 2024. The REIT’s average weighted a...

Asset News Hub

2025-03-31 12:52:00.0

Framework approved to transform Greater Zandspruit Area into a ‘vibrant’ precinct

The City of Johannesburg has approved the Zandspruit Urban Development Framework (UDF) 2024 to provide a blueprint for the transformation of the Greater Zandspruit area into a ‘vibrant and resource ef...

Asset News Hub

2025-03-31 10:49:00.0

L2D’s hospitality assets report higher event volumes, improved hotel occupancy rates

“Our 2024 performance reflects our ability to navigate a complex operating environment while remaining steadfast in executing our growth strategy,” says José Snyders, Chief Executive of L2D. “We have...

Asset News Hub

2025-03-31 09:50:00.0

Vukile closes a ‘transformative year’, on track to meet full-year guidance

Vukile Property Fund has posted its trading update for its financial year ended 31st of March 2025, reflecting a ‘transformative year’ with strong performances from both its South African portfolio an...

Asset News Hub

2025-03-28 08:11:00.0

New blockchain-powered property evaluation certificate set to transform homeownership in townships

“Homeowners in these communities have poured immense resources into their properties, building not just homes but also rental units and other income-generating structures,” says co-founder of E-DEED, ...

Asset News Hub

2025-03-28 06:37:00.0

The Eastern Cape’s Mbhashe LG Mall opens its doors

Mbhashe LG Mall has opened its doors to the community of Dutywa in the Eastern Cape. Double-anchored by Boxer and Shoprite, the 19 701m2 development boasts over 60 retailers, 85% of which are national...

Asset News Hub

2025-03-28 05:46:00.0

Kganyago: Keeping current inflation target will be costly for government

For more financial news, go to the News24 Business front page. Keeping South Africa’s inflation target at the current range will be costly for the government, according to central bank chief Lesetja K...

by Ntando Thukwana and S'thembile Cele.

Asset News Hub

2025-03-26 11:42:00.0

Shoprite recalls cereal products made by house brand supplier over labelling errors

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by Nick Wilson.

Asset News Hub

2025-03-26 09:36:00.0

Joburg’s brokers estimate that 40% of office sales were driven by resi repurposing in Q1 2025

The office property market appears to be in an ‘adjustment and down-sizing’ phase, with FNB Commercial Property Finance predicting that the sector will strengthen between 2025 and 2027. Property broke...

Asset News Hub

2025-03-25 13:36:00.0

African property professionals 3 x more likely than their UK peers to start their own businesses

The survey reveals that African professionals show strong loyalty to the property management sector despite facing unique challenges with 23% of property professionals in Africa and the Middle East wo...

Asset News Hub

2025-03-25 08:35:00.0

Afrimat Construction Index improves for 3 quarters in succession, the first time since the lockdo...

However, he points out that for quarter-on-quarter growth rates, the ACI has only increased by 0.5% compared to 1.5% for the economy. During Q4 2024, 5 of the 10 constituent indicators comprising the...

Asset News Hub

2025-03-24 22:00:00.0

PPC signs landmark solar PPA

PPC and renewable energy independent power producer, Yellow Door Energy (YDE), have signed a landmark 24.5MWp solar power purchase agreement (PPA). This is PPC’s second partnership to secure renewable...

by PropertyWheel_G.

Asset News Hub

2025-03-24 10:38:00.0

Reitway Global lists first income-focused ETF on the JSE

Investment management firm, Reitway Global, has listed the Reitway Global Property Income Prescient ETF on the Main Board of the JSE. Designed to give investors exposure to global properties by replic...

Asset News Hub

2025-03-21 14:20:00.0

Desperate to exit debt review, more people are falling for pricey empty promises

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by Maya Fisher-French.

Asset News Hub

2025-03-20 08:45:00.0

Shaftesbury to sell 25% stake in Covent Garden to Norwegian sovereign wealth fund

UK REIT Shaftesbury Capital has announced its partnership with Norges Bank Investment Management, the Norwegian sovereign wealth fund, for the sale of 25% non-controlling stake in its Covent Garden es...

Asset News Hub

2025-03-19 12:34:00.0

Body corporates can disconnect electricity supply if unit owners do not pay

The days of recalcitrant unit owners and their tenants occupying sections in a sectional title scheme, without paying for electricity consumption, might be over according to Gary Boruchowitz, founder ...

Asset News Hub

2025-03-18 22:00:00.0

2024 saw a surge in demand for homes in estates in areas with poor service delivery

Lightstone data shows that around 16% of all property transactions in 2024 were concluded in estates with the average price for an estate home increasing by 28% to R2.3 million in just five years. Co...

by PropertyWheel_G.

Asset News Hub

2025-03-18 18:52:00.0

30 prime commercial and development opportunities across SA on auction this month

Broll Auctions and Sales’ March auction will see 30 properties from across South Africa, spanning multiple commercial asset classes, go under the hammer, giving investors the opportunity to buy before...

Asset News Hub

2025-03-18 15:34:00.0

Cape Town’s Mayco recommends sale of City-owned land to Manenberg school

The City of Cape Town’s Mayco has recommended the sale of municipality-owned land in Manenberg for the development of a private school, The Leadership College, to be operated by an NPO. The City says ...

Asset News Hub

2025-03-17 22:00:00.0

Resilient REIT’s tenants report 3.5% sales growth but mining town shopping centres impacted

Resilient REIT has declared an 8.4% increase in its total dividend for FY2024 to 440.25 cents per share as opposed to FY2023’s 406.24 cents per share, 1.7% ahead of the upper end of its 433 cents per ...

by PropertyWheel_G.

Asset News Hub

2025-03-17 19:09:00.0

Growth ahead say retail property executives – Clur Connect

Executives at major retail property landlords expect the momentum, which resulted in a positive performance at shopping centres in 2024, to continue in 2025. Clur Connect is part of the Clur Collectiv...

Asset News Hub

2025-03-17 07:33:00.0

Online betting boom boosts Sun International

An overview of the challenges and opportunities of the climate crisis, as it changes the world we know. Take a break from the news with today’s crossword, wordflower, or sudoku. Contact the public edi...

by Karl Gernetzky.

Asset News Hub

2025-03-16 11:17:00.0

Don't make assumptions when it comes to providing for your minor children

It isn’t a good idea to be guessing about what will happen should you die, writes David Hurford. For more financial news, go to the News24 Business front page. Retirement fund members often make assum...

by David Hurford.

Asset News Hub

2025-03-16 10:00:00.0

The dangers of falling for the AI market hype

For more financial news, go to the News24 Business front page. Beware of excessive optimism leading investors to believe that factors driving the US stock market are different and will sustain the str...

by Laura du Preez.

Asset News Hub

2025-03-16 09:57:00.0

Wendy Knowler Win of the Week | How a third-party booking site almost ruined a special getaway

An overview of the challenges and opportunities of the climate crisis, as it changes the world we know. Take a break from the news with today’s crossword, wordflower, or sudoku. Contact the public edi...

by Wendy Knowler.

Asset News Hub

2025-03-16 09:33:00.0

OPINION | Africa’s health systems are too dependent on foreign aid - here’s how to fix it

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by Selemo Nkwe.

Asset News Hub

2025-03-16 09:31:00.0

EXPLAINER | What is bracket creep?

Bracket creep occurs when marginal tax rates are not adjusted for inflation. If your income increases with inflation and tax brackets are not adjusted, more of your income is taxed at a higher rate. B...

Asset News Hub

2025-03-16 09:03:00.0

Khaya Sithole | Kieswetter's legacy: A defining moment comes for the SARS commissioner

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by Khaya Sithole.

Asset News Hub

2025-03-16 09:02:00.0

Brown locusts carry a harmful yeast that causes infections in humans – study

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by Qaqamba Matundu.

Asset News Hub

2025-03-16 09:01:00.0

Wendy Knowler | Supermarket 'lean' beef mince samples found to be too fatty by far

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by Wendy Knowler.

Asset News Hub

2025-03-13 12:52:00.0

‘Trial your lifestyle’ – Oasis Life Retirement launches clever campaign for pre-retirees

Many pre-retirees attest to feeling anxious and doubtful in the months leading up to retirement as they begin second-guessing their decisions about their retirement plans. While retirement may be a on...

Asset News Hub

2025-03-13 09:25:00.0

Standard Bank rallies as it reports growth in SA - but some pain in Africa

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by Garth Theunissen.

Asset News Hub

2025-03-13 06:17:00.0

Hyprop reports double-digit distributable income growth and payout ratio increase

Hyprop Investments has reported double-digit growth in distributable income of 14.5% to R765 million for the year ended 31st December 2024 with a 14.4% increase in distributable income per share to 20...

Asset News Hub

2025-03-12 22:00:00.0

Cape Town’s top selling areas, suburbs and estates between 2019-2024 according to Lightstone

Cape Town’s property market has outperformed Johannesburg over the past six years according to Lightstone. In addition, homeowners spent more to buy in Cape Town than in Johannesburg with this gap ha...

by PropertyWheel_G.

Asset News Hub

2025-03-12 09:02:00.0

Standard Bank secures $250m IFC loan to bolster its green financing initiatives

Standard Bank South Africa has closed a $250 million seven-year unsecured loan from the International Finance Corporation (IFC) to significantly bolster its efforts in promoting sustainable developmen...

Asset News Hub

2025-03-12 07:56:00.0

Work on Conradie Park mixed-use development enters its home stretch

Work on the Conradie Park mixed-use development in Pinelands, Cape Town, is nearing completion with over 1 250 residential units completed to date. Comprising a mix of open-market housing and grant f...

Asset News Hub

2025-03-12 04:00:00.0

Eskom CFO backs smart meter rollout to arrest municipal debt nearing R100bn

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by Lameez Omarjee.

Asset News Hub

2025-03-12 04:00:00.0

OPINION | SARS can lift SA out of its low growth, high debt environment – if allowed

An overview of the challenges and opportunities of the climate crisis, as it changes the world we know. Take a break from the news with today’s crossword, wordflower, or sudoku. Contact the public edi...

by Annabel Bishop.

Asset News Hub

2025-03-12 03:00:00.0

Barloworld looks set to stay on the JSE for now - but why go private?

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by Karl Gernetzky.

Asset News Hub

2025-03-12 03:00:00.0

Absa CEO warns that SA must de-escalate tiff with Trump

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by Garth Theunissen.

Asset News Hub

2025-03-12 03:00:00.0

DA set to oppose budget as VAT increase looks likely

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by Carol Paton and Jason Felix.

Asset News Hub

2025-03-11 22:00:00.0

Growthpoint’s SA portfolio stabilizes with Cape Town and KZN assets outperforming

Growthpoint Properties has published its results for the six-month interim period ending 31st December 2024, reporting a 3.9% increase in its distributable income per share (DIPS) to 74 cents per shar...

by PropertyWheel_G.

Asset News Hub

2025-03-11 17:30:42.0

Unions reject Transnet's latest wage offer

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by Na'ilah Ebrahim.

Asset News Hub

2025-03-11 17:00:44.0

'One of the best sectors': Supermarket REIT says groceries are a good bet amid Trump, trade war

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by Nick Wilson.

Asset News Hub

2025-03-11 16:45:38.0

Business brief | Canal Walk owner flags interim dividend return; Volkswagen's profits dive

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