Tag: Investec Property Fund

COVID-19: Demvco sees R75mn in sales during lock-down

Markets like Tower Property Fund, Investec Property Fund and Balwin Property all show improved trading on the JSE listing. Entering from the left wing is the Demvco Group, a real estate group selling premium luxury real estates on the KZN’s North Coast. Demvco has seen R75 million in sales during lock-down. Is this a sign that property investment is growing? If so, does the low interest rate play a role? Charles Thompson, Director of Devmco Group joins CNBC Africa for more.

Europe, Australia lifts Investec Property Fund’s earnings

Investec Property Fund, a South African Real Estate Investment Trust, has released its interim numbers for the period ended 30 September 2018. Revenue growth was described as static, coming in at R890 million. The group also reported a 5.4 per cent increase in normalised dividend per share growth. Investec Property Fund CEO, Nick Riley joins CNBC Africa for more.