Dipula Properties has delivered another strong performance, with distributable earnings up 5% to 57.26 cents per share and portfolio value rising to R10.8 billion. CEO Izak Petersen says disciplined capital allocation and a focus on efficient, community-based retail and logistics assets underpin sustainable growth. With gearing reduced to 29% post-year-end and a 7% earnings uplift forecast for 2026, Dipula continues to outperform through resilience, efficiency, and strategic focus.

Growthpoint Properties has acquired a 30% stake in the R390 million Boston Hydroelectric plant, developed by Serengeti Energy within the Lesotho Highlands Water Scheme. The investment advances Growthpoint’s renewable energy strategy and supports its 195 GWh annual power purchase agreement with Etana Energy. Through its new e-co₂ wheeled electricity initiative, Growthpoint will deliver certified, zero-carbon power to tenants, pioneering scalable renewable energy solutions for South Africa’s commercial property sector.

Growthpoint Healthcare Property Holdings (GHPH) is expanding into the senior living sector through an agreement to acquire Auria Senior Living, a leading developer and operator of retirement communities. The transaction, valued at R2.4 billion, will add four Auria communities to GHPH’s portfolio and boost assets under management to about R6.2 billion. Auria will retain its leadership and brand, aligning with GHPH’s mission to deliver world-class healthcare and wellness infrastructure.

Attacq Limited delivered strong FY25 results, with distributable income per share up 25.6% to 108.3c, driven by portfolio reshaping, reduced finance costs, and the landmark GEPF Waterfall City deal. A final dividend of 43.0c lifted the annual payout to 87.0c. Supported by higher occupancy, retail and logistics growth, and disciplined debt management, Attacq forecasts 7–10% DIPS growth in FY26, aligned with its Horizon 2030 precinct-led strategy.

Growthpoint Properties exceeded expectations for the year ended June 2025, reporting distributable income per share (DIPS) of 146.3c, above guidance, and declaring a 6.1% higher dividend of 124.3c. Strong performance in its South African portfolio, lower finance costs, and another record year from the V&A Waterfront drove results. With payouts lifted to 87.5% of earnings, Growthpoint signalled confidence in delivering stronger growth into FY26.

Rode Publications & Media has expanded its flagship Rode Report to include, for the first time, the multifamily residential rental sector, in partnership with the South African Multifamily Residential Rental Association (SAMRRA). This addition reflects the sector’s growing importance and provides comprehensive data on vacancies and rentals. The updated report now offers a more complete view of the South African property market, supporting better decision-making for investors, policymakers, and developers.

Growthpoint Properties has begun construction on the R26 million Sandton Drive Link Bridge, connecting The Place at 1 Sandton Drive and Sandton City shopping centre. Designed for safety and visual impact, the bridge features a covered glass viewing deck and stainless-steel walkway, offering panoramic views and eco-friendly lighting. This landmark enhances mobility, safety, and connectivity in Sandton Central, symbolising Growthpoint’s commitment to innovative urban design and creating people-friendly, accessible spaces for the entire precinct.

Flexible, hybrid living is fueling a surge in medium-term rentals (1-6 months), especially in cities like Cape Town and San Francisco. This trend bridges short- and long-term leasing, offering property investors higher returns and stability, while meeting the growing demand from remote workers and professionals seeking adaptable accommodation solutions.

Two vacant erven on Cape Town’s exclusive Nettleton Road in Clifton have sold for R170 million. The buyer plans a trophy residence with panoramic Atlantic Seaboard views. Clifton’s median sales price rose 29.5% year-on-year, underscoring its status as South Africa’s most coveted luxury property destination.

The City of Cape Town is investing significantly in upgrades and refurbishment of the Muizenberg beachfront area, including improvements to the promenade, parking, Surfer’s Corner, and heritage structures. These will have a significant impact on demand and further boost property in the area.