Fortress Real Estate Investments has reaffirmed its FY2026 distributable earnings guidance of at least R2.15 billion, while forecasting a further 7.4% increase in FY2027. Strong demand for logistics and retail assets continues to drive performance, with vacancies falling to 2.3% and retail vacancies remaining exceptionally low at 0.8%. Supported by a robust development pipeline, strategic acquisitions, energy investments and R7.6 billion in available liquidity, Fortress remains well positioned for continued growth.

Burstone Group delivered resilient FY26 results, supported by a strengthening South African property market and the continued growth of its international fund and asset management platforms. Distributable income per share increased by 2.2%, while vacancies in the South African portfolio fell sharply to 2.7% and property valuations rose by 5%. With growing third-party capital commitments and expanding international partnerships, the Group is well positioned to accelerate earnings growth and deliver stronger returns.

Fortress Real Estate Investments has strengthened its Gauteng retail portfolio with the acquisition of a controlling stake in Johannesburg’s 37,000m² Balfour Mall. The investment forms part of a broader regeneration strategy in partnership with Forever Young Capital and Consolidated Urban, aimed at revitalising both the mall and the surrounding Highlands North precinct. A comprehensive redevelopment programme, targeted for completion in 2027, will enhance retail offerings, infrastructure, sustainability and community facilities while restoring the centre’s role as a key neighbourhood destination.

Transnet National Ports Authority has applied to reclaim 22.4 hectares at the Port of Durban to develop a new container terminal, targeting capacity of up to 11 million TEUs. Positioned within the Point precinct, the project forms part of the KZN Ports Master Plan to establish Durban as a regional hub. While boosting trade efficiency and capacity, the proposal will undergo environmental review and a 60-day public comment process.

Fortress Real Estate Investments delivered strong interim results, supported by low vacancies, rising demand and favourable market conditions. Like-for-like NOI growth across retail and logistics, combined with positive rental reversions, underpinned performance. With logistics vacancies near zero and continued development activity, the group is well positioned to benefit from improving valuations, strengthening investor sentiment and ongoing recovery in the property sector.

Growthpoint Properties will develop the R578 million Indlovu Logistics Park in Montague Gardens, Cape Town, transforming the former PPC site into a modern logistics hub. The project will deliver 38,600m² of flexible warehouse space across nine maxi-units to meet rising demand in the area. Construction begins in May 2026 with completion expected in 2027, reinforcing Growthpoint’s strategy to expand its logistics portfolio and Western Cape presence.

Growthpoint Properties has begun construction of its 36,830m² Tecoma Park logistics development in Cornubia Town, a R392 million investment reinforcing its coastal growth strategy. Positioned 12km from King Shaka International Airport, the multi-tenanted park will deliver premium A-grade space by 2027, meeting rising demand for modern, sustainable logistics facilities in KwaZulu-Natal’s high-performing industrial nodes.

JT Ross Property Group has launched JT Ross Park: Plumbago 5, a 25-hectare logistics development in the fast-growing Riverfields precinct. Offering four state-of-the-art logistics facilities in Phase 1, the park provides high-performance design, energy-efficient solar PV systems, advanced security and premium warehouse specifications. Construction is underway, with occupation scheduled for Q3 2026. The project expands JT Ross’s strong footprint and commitment to future-ready logistics infrastructure.

Equites delivered a disciplined first half to FY26, lifting the interim dividend 3.8% to 69.04c and reaffirming full-year guidance of 140.62–143.29c. Operational momentum stayed firm: like-for-like rentals rose 5.1%, vacancies were negligible, and valuations advanced 4.0%. The Group progressed its UK exit—selling Burgess Hill at a 5.0% yield—and is redeploying into South African, ESG-compliant logistics, including an approximately 90,000m² Riverfields project, supported by liquidity and a hedged, lower cost of debt.

Burstone Group, through its JV with Irongate, has expanded its Australian industrial and logistics platform with the A$39m acquisition of a manufacturing facility in Glendenning, NSW. The deal follows the A$46.6m Hemmant purchase in Brisbane, bringing Irongate’s tally to six acquisitions in nine months. Burstone’s co-investment totals A$5.7m, reinforcing its commitment to Australia’s stable market and supporting a global strategy of fund growth and active asset management.