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Real Estate and Finance the star of South Africa’s GDP

Real estate helped South Africa’s economy grow 0.8% in 2018, Statistics South Africa announced on Tuesday. Gross domestic product figures continue to tell a good news story about South Africa’s Real Estate industry. South Africa’s economy grew by 1.4% in the fourth quarter of 2018‚ contributing to an overall growth rate of 0.8% for the […]
Hyprop eyes more Europe wins than sub-Saharan Africa

Hyprop Investments CEO, Morné Wilken, says the group is looking to reduce sub-Saharan Africa exposure after its Nigerian and Ghanaian property portfolio displayed lackluster performance. Clearwater Mall owner, Hyprop Investments (JSE: HYP) has raised R403 million (€25 million) worth of capital planned for its South and Eastern Europe (SEE) retail assets expansion — and seeks […]
Investors coining it from Mall of Africa’s owner Attacq

Melt Hamman, CEO of Attacq says, “We are very pleased with our half year results and the progress made in the transition from a capital growth business model into a REIT. South Africans invested in Attacq Limited (JSE: ATT), which owns the flagship Waterfall development precinct anchored by Mall of Africa, are laughing all the […]