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What happened, and who moved.
Resilient REIT increased its half-year dividend by double digits, with strong performance across local and offshore markets despite subdued South African GDP growth and global geopolitical headwinds.
South Africa's home-building regulator holds R11 billion in reserves while paying minimal warranty claims, prompting questions about inspection effectiveness following a major building collapse and audit findings.
Growthpoint Healthcare agreed to acquire Auria Senior Living -- four senior living communities across Johannesburg and Cape Town housing 900+ residents -- for R2.4 billion, subject to regulatory approval, taking its healthcare AUM to ~R6.2 billion.
Fairvest acquired five retail centres totalling 34,000+ sqm GLA across KwaZulu-Natal and the Western Cape for R477.7 million: three Collins Property Group centres (R208.7m), Shoprite Manguzi (R136m) and a 51% stake in Thembalethu Square (R133m).