WATCH: How the lockdown will affect the property industry

Vukile Property Fund CEO Laurence Rapp talks to Business Day TV about how effect of Covid-19 on the industry

MAS Real Estate to delist in Luxembourg in June

The property group had determined the listing did not result in the extra liquidity it sought, and will retain its primary listing on the JSE

Texton Property Fund cancels dividend due to Covid-19

The group had intended to pay out about R60m to shareholders at the end of March, but has cancelled this due to the coronavirus

Shopping malls cannot simply close overnight, says Growthpoint CEO

Growthpoint CEO Estienne de Klerk says many citizens rely on daily shopping to meet their survival needs

Hyprop delays dividend payment due to Covid-19

Due to uncertainty about the coronavirus, Hyprop is holding onto its interim dividend until October to shore up its balance sheet

EPP delays payment of €53m in dividends due to coronavirus

Payout postponed to end-June while property group continues to assess environment

Mall owners and retailers improve hygiene protocols

Landlords and their tenants have responded to the national state of disaster over the coronavirus

Texton Property CEO Marius Muller resigns

Muller will step down at the end of June, as the group struggles with a subdued SA economy and Brexit uncertainty in the UK

Redefine confident about its balance sheet amid coronavirus outbreak

The group, which has logistics assets in Europe, says it believes its balance sheet is well positioned to withstand the viral outbreak’s disruption to trade

RDI Reit sells German warehouses for R650m

The landlord is in the process of selling its German portfolio to focus on the UK and has now sold 55% of those assets

Global Trade Centre delays dividend decision due to coronavirus

The property group says it is too soon to tell what the effects of the pandemic will be

Listed property sector records worst day in history

Index falls more than 16% in one day as coronavirus stokes fears of mall closures and higher operating costs

Tower Property Fund offloads Croatian asset

The group, which owns properties in SA and Europe, sells retail asset to cut debt

Spear launches ‘isolation room’ service in Cape Town

Hotels are helping people to quarantine themselves in specially managed hotel rooms

Tower sells Croatian property for R228m

The group, which has assets in SA and Croatia, will use net proceeds of about R120m to pay off debt

Balwin to cut back marketing to buoy prices

The group says demand for lifestyle apartments remains strong, but is worried about the coronavirus fallout

Published by Arena Holdings and distributed with the Financial Mail on the last Thursday of every month except December and January.