South Africa’s real-time economic Barometer
REITs are flashing green shoots at the SAPOA 2025 Convention better dividends, disciplined capital use and improving fundamentals show listed property as SA’s economic barometer
Commercial & REITs
Burstone Extends Australian Logistics Push with Glendenning Deal
Burstone boosts its Australian logistics platform with Glendenning and Brisbane deals, adding scale, yield upside, and tenant-backed cash-flow security
Burstone Extends Australian Logistics Push with Glendenning Deal
Burstone expands its Australian logistics portfolio with Glendenning and Hemmant acquisitions, co-investing with Irongate for yield and scale
Hyprop lifts dividend 9.9% on SA & Eastern Europe surge
Hyprop lifts FY25 dividend 9.9% on SA and Eastern Europe growth; footfall, trading density, and sustainability initiatives drive resilient cash flows
PPPs and Walmart signal a new cycle for SA Commercial Property
Cape Town’s CTICC sale and Walmart’s SA rollout signal a new commercial property cycle, boosting retail, logistics and mixed-use investor opportunities
Attacq turns momentum into muscle at Waterfall City
SA REITs extend 2025 rally with solid August gain
SA REITs rose 2.4% in August, up 14.2% YTD. Capital raises and 3–7% income growth guidance signal sector momentum into 2026 amid falling funding costs
Growthpoint beats guidance, lifts payout and targets faster growth
Growthpoint beats FY25 guidance, lifts payout 6.1% and targets 87.5% ratio for FY26, backed by stronger balance sheet, lower debt costs and growth momentum
Golden Acre reborn: Affordable Homes & an 18-Hour City Hub
Golden Acre in Cape Town is being reborn with 414 affordable rentals, a 6,000m² rooftop garden, and an 18-hour retail hub connecting commuters, residents, and visitors
Spear REIT HY2026: Cashflows firm, R1.08bn deals, solar surge
Spear REIT posts strong HY2026 results: 95% cash collections, R1.08bn acquisitions at 9.54% yield, 96–97% occupancy, and solar coverage rising to 70%
Redefine Properties: Operational momentum lifts earnings outlook
Redefine Properties (JSE: RDF) upgrades FY25 guidance to 51.5–52.5c, driven by stronger margins, high occupancy, renewable energy growth, and resilient SA & Poland portfolios
Spaces at Steyn City: hybrid offices inside a lifestyle estate
Spaces opens at Steyn City in 2025, offering flexible hybrid offices within a lifestyle estate, walkable workspaces, smart meeting rooms, and enterprise-grade connectivity
