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MAS Real Estate banks on Romania developments to drive growth

MAS Real Estate banks on Romania developments to drive growth BL PREMIUM 16 May 2021 - 16:17 ALISTAIR ANDERSON Romania-focused landlord MAS Real Estate will be the JSE’s best-performing property stock for the next five years as it expands further in the East European country, says CEO Martin Slabbert. Speaking in an interview with Business Day, he said the company’s exit from Western Europe is almost complete and it is set to grow in Romania, Eastern Europe’s second-largest economy where it is developing the best-quality residential projects the country has had since the fall of communism. BL Premium This article is reserved for our subscribers.

Retail property group Resilient plans mandatory offer for Lighthouse

Retail property group Resilient plans mandatory offer for Lighthouse
businesslive.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesslive.co.za Daily Mail and Mail on Sunday newspapers.

Developer Gateway Real Estate Africa has $500m pipeline of projects

Developer Gateway Real Estate Africa has $500m pipeline of projects Company has completed $400m of work in Africa with new projects such as specialist hospitals and corporate accommodation lined up BL PREMIUM 04 May 2021 - 19:58 ALISTAIR ANDERSON Gateway Real Estate Africa (Grea), which is partly owned by SA’s largest asset management firm, the Public Investment Corporation (PIC), has completed more than $400m (R5.8bn) worth of developments across Africa in less than three years. The development company, which was founded by Greg Pearson, now has a $500m pipeline of projects which include specialist hospitals, corporate accommodation for US embassies and data centres. ..

Europe-focused Schroder says rent collection is picking up

Europe-focused Schroder says rent collection is picking up
businesslive.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesslive.co.za Daily Mail and Mail on Sunday newspapers.

Sirius cites asset quality after Covid-19 fails to derail winning streak

Sirius cites asset quality after Covid-19 fails to derail winning streak Despite pandemic’s hit on property companies, the group has grown its rent roll for the seventh consecutive year BL PREMIUM UPDATED 12 April 2021 - 10:26 Germany-focused business park owner Sirius Real Estate says the diversity of its tenant base and the quality of its assets paid off in its year to end-March, when it grew its rent roll by more than 5% for the seventh consecutive year on a like-for-like basis. Covid-19 has put unprecedented pressure on property groups as lockdowns disrupted supply chains and prompted increased working from home. Sirius said in a trading update it has worked closely with tenants to support them through the pandemic.

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