Asset News Hub

2025-10-29 09:29:00.0

Growthpoint Properties and Feenstra Group partner on R700m logistics & industrial development

Growthpoint Properties, in partnership with Feenstra Group, has launched a R700 million logistics and industrial development in Gauteng’s Riverfields logistics precinct. Noka Park is 50/50 co-owned a...

by PropertyWheel_G.

Asset News Hub

2025-10-28 07:14:00.0

Apartment sales drive 51% revenue increase for Balwin Properties

The Group says that market improvement has created a more supportive environment for residential property development, declaring a 33% increase in profit to R102.4 million. Balwin Annuity, the Group’s...

by PropertyWheel_G.

Asset News Hub

2025-10-24 14:27:00.0

Less financial pressure, more upgrades drive commercial property sales in Q3 2025

Commercial property owners selling in search of locations with reliable utilities and municipal services appears to have diminished during Q3 2025. Instead, property brokers have pointed towards ‘eas...

by PropertyWheel_G.

Asset News Hub

2025-10-24 06:59:00.0

Green Seeds 2025 launches second cohort of black-owned green solution enterprises

Ten local entrepreneurs developing innovative green solutions have been selected to join the second Green Seeds Competition, a national accelerator, co-created by Attacq Limited and Property Point, de...

by PropertyWheel_G.

Asset News Hub

2025-10-23 10:22:00.0

Zero deposits and cost-inclusive homes on the rise as banks up the ante for home loan business

South Africa’s housing market is gradually responding to the current interest rate-cutting cycle says ooba Home Loans, who have noticed a growing sense of optimism among buyers. “With the prime lendin...

by PropertyWheel_G.

Asset News Hub

2025-10-23 10:18:00.0

Afrimat reports 29.9% revenue growth following integration of Lafarge SA assets

Afrimat has posted its results for the six months ended 31st August 2025, having fully integrated the recently acquired Lafarge SA assets into its structures with “good progress being made on the turn...

by PropertyWheel_G.

Asset News Hub

2025-10-22 13:03:00.0

How is the REIT model evolving worldwide? Global REIT ambassador to address 2026 conference

Peter Verwer, Executive Chairman of Futurefy and long-term global REIT ambassador will present at the 2026 SA REIT Association’s conference on the 12th of February at The Houghton Hotel in Johannesbur...

by PropertyWheel_G.

Asset News Hub

2025-10-22 12:02:00.0

Jumbo Mall set to transform eMalahleni with 100+ stores and top anchors

The 37 000m2 Jumbo Mall in eMalahleni set to open in March 2026 represents one of the most significant commercial investments in the Blesboklaagte area to date. Developed by New Africa Developments in...

by PropertyWheel_G.

Asset News Hub

2025-10-22 10:44:00.0

Growthpoint Properties acquires 30% stake in new Boston Hydroelectric plant

Growthpoint Properties has acquired a 30% stake in the operational Boston Hydroelectric plant, a R390 million development by independent power producer Serengeti Energy in the Lesotho Highlands Water ...

by PropertyWheel_G.

Asset News Hub

2025-10-22 09:50:00.0

Gauteng’s residential market sentiment peaks at 81% in Q3 2025

Estate agents reported renewed momentum in the residential property market during Q3 2025, especially within the affordable housing segment (properties under R750 000), according to FNB’s Property Bar...

by PropertyWheel_G.

Asset News Hub

2025-10-21 08:26:00.0

Brokers point to regional variations in commercial property demand during Q3

Property brokers across SA’s major metro regions in Q3 2025 indicated that all three key commercial property sectors—office, retail, and industrial—are facing a significant undersupply relative to dem...

by PropertyWheel_G.

Asset News Hub

2025-10-21 06:36:00.0

IFA Hotels & Resorts commits a further R1.2bn investment to Zimbali Lakes

IFA Hotels & Resorts (IFAHR) has committed to a further R1.2 billion investment in the North Coast’s Zimbali Lakes which will accelerate development across the master-planned estate over the next 18 m...

by PropertyWheel_G.

Asset News Hub

2025-10-20 11:09:00.0

Spear REIT reports 25% revenue growth and strong operational performance in HY2026

Spear REIT Limited has posted its results for the six months ended 31st August 2025, reporting a 24.99% increase in net property operating growth and a 25.72% increase in total revenue growth compared...

Asset News Hub

2025-10-17 12:26:00.0

Cape Town calls for comment on second draft of CBD Mobility & Access Plan

The City of Cape Town is calling for feedback on the second draft of its CBD Mobility and Access Plan which prioritizes access over mobility by proposing a road network that directs vehicular traffic ...

by PropertyWheel_G.

Asset News Hub

2025-10-16 18:21:00.0

FNB survey reports its highest-ever perceived demand/supply gap across commercial property

Property brokers perceived demand in all three commercial property markets’ (industrial, retail and office) nationally to exceed supply during Q3 2025 – a first since the launch of the FNB Commercial ...

by PropertyWheel_G.

Asset News Hub

2025-10-16 07:55:00.0

Cape Winelands Airport precinct backed by Growthpoint Properties

Growthpoint Properties has made an initial investment with the right to co-invest in and develop the new Cape Winelands Airport precinct. The project represents an expected initial investment of appro...

by PropertyWheel_G.

Asset News Hub

2025-10-15 12:28:00.0

Abland Property Developers and The Cavaleros Group announce JV on key land holdings

Abland Property Developers has announced a strategic joint venture with The Cavaleros Group on key land holdings acquired by the Group over the years. United by the shared vision, the partnership seek...

by PropertyWheel_G.

Asset News Hub

2025-10-15 07:33:00.0

50+ prime assets under the hammer via Aucor Property this November

A brand-new BP fuel station in the rapidly growing commercial and residential hub of Sinoville, Montana, is one of the 50+ assets going on auction via Aucor Property on the 4th of November 2025 at the...

by PropertyWheel_G.

Asset News Hub

2025-10-14 07:25:00.0

2025 Greenovate entries open with two new awards categories

Since its inception in 2015, more than R1 million in prize money has been awarded to students from nine universities across South Africa in the property, engineering, and PropTech fields. The winning ...

by PropertyWheel_G.

Asset News Hub

2025-10-13 13:15:00.0

Fortress Real Estate Investments surpasses 100m kWh of renewable energy generated since 2017

Fortress Real Estate Investments has generated 100 million kilowatt-hours (kWh) of renewable energy since the launch of its first rooftop solar photovoltaic (PV) installation in 2017. The total output...

by PropertyWheel_G.

Asset News Hub

2025-10-13 09:12:00.0

Calgro M3 begins infrastructure installation on Bankenveld District City

The Group says that revenue from these installations will be recognised on finalisation of public sector agreements. “As a result of infrastructure investments made in both the current and previous re...

by PropertyWheel_G.

Asset News Hub

2025-10-10 09:21:00.0

Newpark REIT reports interim profit growth despite JSE building rental reversion

Newpark REIT has posted its interim results for the six months ended 31st August 2025, reporting a 7.3% decrease in revenue to R63.8 million compared to H1 FY2025. Newpark’s operating profit before fa...

by PropertyWheel_G.

Asset News Hub

2025-10-10 05:32:00.0

SA’s investment property sector delivers highest total return since mid-2017 – MSCI

South Africa’s investment property has delivered the strongest performance in eight years according to the MSCI SA Biannual Property Index (Unfrozen) for H1 2025. The index, which measures unlevered t...

Asset News Hub

2025-10-09 13:25:00.0

Renewable energy projects boost Northern Cape residential property demand

The Northern Cape is witnessing more buyers ‘moving in’ from Joburg, Pretoria, and KwaZulu-Natal looking to move to small towns, says the Seeff Group – in addition to local buyers. Price growth in the...

by PropertyWheel_G.

Asset News Hub

2025-10-09 09:22:00.0

Cape Town calls for comment on community-driven draft LSDF for Big Bay and surrounds

The City of Cape Town is calling on comment to refine the community-driven draft Local Spatial Development Framework (LSDF) for the Big Bay area, inclusive of West Beach and Erf 1117, which is owned b...

by PropertyWheel_G.

Asset News Hub

2025-10-09 08:20:00.0

SA’s REITs positioned to deliver earnings growth above inflation and renewed capital appreciation

SA’s REITs recorded a marginal 0.3% decline in September 2025, underperforming both equities (+6.6%) and bonds (+3.4%) according to the SA REIT Association’s September 2025 Chartbook. Despite this pa...

by PropertyWheel_G.

Asset News Hub

2025-10-09 07:18:00.0

Supply-demand imbalance drives 7.3% y/y rental increase in SA prime logistics sector says Equites...

Equites Property Fund has reported a 3.8% increase in its distribution per share (DPS) to 69.04 cents for the six months ended 31st August 2025, while reaffirming its distribution guidance of 140.62 t...

by PropertyWheel_G.

Asset News Hub

2025-10-08 08:05:00.0

Public sector construction tender activity may have reached a turning point

The estimated value of public sector building tenders released in August 2025 increased for the second consecutive month, rising by 85.4% year-on-year, following a 36.2% increase in July 2025 accordin...

by PropertyWheel_G.

Asset News Hub

2025-10-07 09:50:00.0

Growthpoint Healthcare Property Holdings to acquire Auria Senior Living

Growthpoint Healthcare Property Holdings is potentially marking its formal entry into the senior living sector with its proposed acquisition of the properties and operations of Auria Senior Living. Wi...

by PropertyWheel_G.

Asset News Hub

2025-10-06 08:38:00.0

Sirius Real Estate boosts rent roll by 15.2% in first half of 2025

Sirius Real Estate has achieved a 15.2% year-on-year increase in rent roll for the six months ended 30th September 2025, driven partly by its ongoing acquisition programme. On a like-for-like basis, ...

by PropertyWheel_G.

Asset News Hub

2025-10-01 18:39:00.0

Fairvest Limited backs Onepath with R486m to expand affordable township fibre

Fairvest Limited has announced further details regarding its R486 million investment in Onepath Investments, an owner of digital infrastructure assets. The Company says it intends to utilise its inve...

by PropertyWheel_G.

Asset News Hub

2025-10-01 06:42:00.0

Cape Town’s new Incentive Overlay Zone initiative boosts development rights in key areas

The City of Cape Town’s Council has approved the Incentive Overlay Zone (IOZ) for Development Focus Areas in Athlone, Maitland, Parow/Elsies River, Bellville and Diep River, with effect from 1st of Oc...

by PropertyWheel_G.

Asset News Hub

2025-09-29 16:31:00.0

Emira Property Fund says its on track to achieve its FY2026 objectives

Emira Property Fund has issued an operational update for the 4 months ended 31st July 2025, reporting that its directly held local commercial property portfolio has performed in line with expectations...

by PropertyWheel_G.

Asset News Hub

2025-09-28 22:00:00.0

Vukile Property Fund on track to meet 8%+ growth in FFO and dividends

Vukile Property Fund says it is on track to meet its full-year guidance of at least 8% growth in funds from operations (FFO) and dividends per share (DPS). In its pre-close presentation for H1 FY2026,...

by PropertyWheel_G.

Asset News Hub

2025-09-25 22:00:00.0

Texton Property Fund reports R490m total distribution amid strategic asset sales in FY2025

Texton Property Fund has released its financial results for the year ended 30 June 2025, highlighting a stronger balance sheet and progress in its SME-focused office and self-storage strategy while be...

by PropertyWheel_G.

Asset News Hub

2025-09-25 22:00:00.0

Heriot REIT reports record 26.1% growth in distributable earnings in FY2025

Heriot REIT has reported a record-breaking year during FY2025 with its distributable earnings having climbed to R389,209 million, reflecting a 26.1% increase on FY2024’s R308,754 million. Thibault als...

by PropertyWheel_G.

Asset News Hub

2025-09-25 10:21:00.0

Fairvest Limited expects distribution growth of 8%+ for FY2025

Fairvest Limited has issued an operational update to 31st August 2025, informing shareholders that it expects to exceed the upper end of its guided growth in distribution per B share of 8% to 10% for ...

by PropertyWheel_G.

Asset News Hub

2025-09-25 07:13:00.0

NEPI Rockcastle closes €500 million green Eurobond

NEPI Rockcastle’s subsidiary, NE Property B.V., has closed a green €500 million 8-year Eurobond with a 3.875% fixed coupon, maturing in 2033. This unsecured bond aligns with NEPI Rockcastle’s current...

by PropertyWheel_G.

Asset News Hub

2025-09-24 22:00:00.0

Fairvest Limited expects to exceed FY2025 distribution growth guidance of 8% to 10%

Fairvest Limited has issued an operational update to 31st August 2025, informing shareholders that it expects to exceed the upper end of its guided growth in distribution per B share of 8% to 10% for ...

by PropertyWheel_G.

Asset News Hub

2025-09-24 22:00:00.0

Global visionaries to speak at 18th Green Building Convention

The 18th Green Building Convention, taking place between the 11th and 13th November 2025 in Cape Town, will celebrate the great strides made in the industry, while exploring the way forward under the ...

by PropertyWheel_G.

Asset News Hub

2025-09-23 13:27:00.0

Spazio Ideale drives Africa’s future at 2025 API Summit with sustainable property innovation

The Africa Property Investment (API) Summit wrapped up on Friday, 19th September 2025 in Cape Town, having delivered powerful insights that could reshape how Africa builds for its rapidly growing popu...

by PropertyWheel_G.

Asset News Hub

2025-09-23 09:50:00.0

Burstone Group reports solid H1 2026 outlook with 4-5% SA NOI growth

Burstone Group has issued a pre-close trading update for the six months ending 30 September 2025. The Group currently has c.R43 billion gross asset value (GAV) under management across South Africa, Eu...

by PropertyWheel_G.

Asset News Hub

2025-09-22 12:07:00.0

Cape Town calls for comment on draft LSDF for Kensington & Factreton

The City of Cape Town is calling for commentary on its proposed Local Spatial Development Framework (LSDF) for Kensington and Factreton along the Voortrekker Road Corridor, including Acacia Park and W...

by PropertyWheel_G.

Asset News Hub

2025-09-22 08:14:00.0

PPC grows Group EBITDA by +20% in first four months of 2025

PPC has increased its group EBIDTDA for the first four months of its financial year by more than 20% over 2024’s comparable period. The Group’s EBITDA margin grew by over 2 percentage points, reachin...

by PropertyWheel_G.

Asset News Hub

2025-09-19 07:53:00.0

SAPOA: SA’s national office vacancy rate at a five-year low

South Africa’s national office vacancy rate is at a five-year low according to SAPOA’s latest Office Vacancy Survey with vacancy rates having declined to 13.1% in Q3 2025, the lowest since 2020 and co...

by PropertyWheel_G.

Asset News Hub

2025-09-18 10:29:00.0

August 2025 sees strongest annual house price growth in + 3 years

August 2025 marks the fourth consecutive month of real house price growth according to the latest FNB House Price Index which accelerated to 4.5% year-on-year, marking the fastest annual house price g...

by PropertyWheel_G.

Asset News Hub

2025-09-17 07:21:00.0

Cape Town CBD property investment surges to R9bn in 2024/25 from R7bn in 2023

The most recent estimate value of property investment in Cape Town’s CBD of R9.031 billion for 2024/2025 is a significant increase compared to the Cape Town Central City Improvement District’s (CCID) ...

by PropertyWheel_G.

Asset News Hub

2025-09-17 00:28:00.0

Prime London property market sees decline in second home sales amid tax hikes

Second home purchases in London have fallen by 42% over the past year, with the decline even more pronounced across the prime market at 51%, according to research by Jefferies London. The research sho...

Asset News Hub

2025-09-16 22:00:00.0

Essentials grocery market shows strong growth in UK & France, driving demand for supermarket real...

Supermarket Income REIT has published its financial results for the year ending 30 June 2025, following its internalisation which is expected to deliver £4 million in cost savings and strengthen align...

by PropertyWheel_G.

Asset News Hub

2025-09-16 08:27:00.0

Attacq Limited reports 25.6% increase in DIPS and strong dividend growth for FY2025

Attacq Limited has reported a 25.6% increase in its distributable income per share (DIPS) to 108.3 cents for FY2025, with a full-year dividend of 87 cents per share – growth of 26.1%. Attacq’s CFO, Ra...

by PropertyWheel_G.