By Raj Nana, Attacq CFO

Just over two years ago the world was upended by the Covid-19 pandemic, an unprecedented global health crisis. Earlier this year, further geo-political upheaval in Europe through the Russian invasion of Ukraine has either directly or indirectly affected South Africans. The global effects of these shocks cannot be understated and require a heightened level of resilience and agility from businesses, their boards and financial and operational teams alike.

Vukile Property Fund, the specialist retail REIT invested in South Africa and Spain, has congratulated its Madrid-listed subsidiary, Castellana Properties, for winning two awards and one honourable mention at the closing ceremony of the Spanish Shopping Centre Association’s (AECC) XVIII Conference, held in Seville, Spain, earlier this month and attended by more than one thousand professionals.

Opportunities for regeneration and densification in South Africa’s inner-cities and townships remain central to sustainable urbanisation and economic inclusion. With this in mind and to coincide with Youth Month, TUHF and uMaStandi sponsored the South African Property Investors Network (SAPIN) Youth event, aimed at engaging with young people to provide them with an introductory framework on becoming property investors and entrepreneurs.

Construction is underway on the corner of Loop and Riebeek Streets in the heart of Cape Town’s CBD as The Rubik - an exciting and unique new luxury mixed-use building - joins the city skyline.

Heartwood Properties, a leading property development company who are listed on the Cape Town Stock Exchange and specialise in commercial and warehouse buildings, today announced its audited financial results for the year ending February 2022 and declares its first dividend of R2 million payout to shareholders.