Rode Media

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Growthpoint Properties achieves record-low pricing on R1.8bn oversubscribed bond issuance

Growthpoint

Growthpoint Properties has successfully raised R1.8 billion through a heavily oversubscribed bond auction, attracting more than R6.5 billion in bids and achieving its lowest funding margins to date. The strong investor demand reflects confidence in the REIT’s credit quality, diversified portfolio and long-term strategy. The transaction lowers Growthpoint’s cost of capital, strengthens liquidity and follows recent credit rating affirmations, positioning the company well for future growth and investment opportunities.

Emira completes strategic repositioning while strengthening growth foundations

Emira management team

Emira Property Fund emerged from FY2026 as a leaner, stronger and more diversified business after completing a major portfolio repositioning programme. Despite significant asset disposals, distributable income per share grew 3.7%, dividends increased 4.1% and the loan-to-value ratio improved to 30.2%. Strong leasing performance, lower vacancies, growing contributions from Poland's DL Invest platform and substantial liquidity provide a solid foundation for the fund's next phase of growth.

Steve Brookes takes home the big one at Reside Summit 2026

Steve Brookes Lifetime achievement award

The Reside Summit 2026 advanced a practical, collaborative agenda: performance design, verifying credibility, financing at scale, adopting modern construction, and moving from plans to bankable projects. With over 50 speakers, more than 40 award categories, and a record delegate count of more than 1,000, the fourth edition of Reside cemented its reputation as the definitive annual forum for South Africa's entire residential value chain, and set a high bar for 2027.

Historic Voëlklip property sold for record price of R105 million

Voelklip

Seeff Hermanus has brokered a landmark transaction with the sale of the iconic Voëlklip estate, marking a significant moment for the town’s luxury property market. Acquired as a long-term strategic investment, the properties are set for careful repositioning that respects their heritage while enhancing value. The deal underscores continued investor confidence in Hermanus as a premier coastal destination with enduring appeal.

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