Company reports a strong balance sheet, with a loan-to-value of 24% net of cash and about €30m in cash
Integrated offices will position the prime grade site as a preferred locality for a wide range of occupiers
Vantage Capital Fund is suing former chair and CEO over property deal that went pear-shaped
High demand for well-located logistics facilities and asset recycling to fund new developments have helped to reduce vacancies in SA
Funding flows to sectors experiencing high demand for well-located assets with low vacancies
Tenants at Inkanyezi Village in Katlehong, Gauteng will not have to endure load-shedding
Leases concluded with new tenants were on average 26.5% higher than the rentals of the outgoing tenants
Vacancies are low due to space take-up and rents are growing
Good infrastructure, amenities and quality offices in secure precincts drive demand for space
The company has been selling noncore assets to reduce its debt
The city offers investors robust rental and capital growth, along with rising property valuations
Court dismisses Sapoa challenge to metro development contribution policy, saying it is not unlawful or unreasonable
Joint venture provides 20% of equity with private equity group Phoenix Property Investors investing 80% in deal
The retail sales of the popular hotspot are 43% higher than pre-pandemic levels
The business park and storage warehouse recently bought five properties in the UK and has its sights on eight more there and in Germany
The company’s portfolio comprises 139 properties in the UK and Germany, valued at over €2.1bn, and includes offices, storage and warehouses