Real Estate Investor Magazine South Africa August 2016 | Page 37

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COMMERCIAL

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HOW TO CHOOSE A COMMERCIAL PROPERTY FOR YOUR BUSINESS

AMANDA STOPS

CEO
The South African Council of Shopping Centres
has introduced a ground-breaking new education
programme designed to provide centre management teams with a better overall understanding
of the retail environment. Amanda Stops, SACSC
CEO says: “ The main objective of this programme
is to assist in developing business acumen within
the centre management team.
www.reimag.co.za

ANDREW COSTA

Developer
Accelerate Property Fund reported strong Annual
Results despite a challenging business environment and slow economic growth. “Accelerate
remained focused on maximizing rental income
and tenant recoveries, reducing vacancies, effectively managing cost, increasing the quality of
our property portfolio and creating value through
selective acquisitions,”commented Andrew Costa.

IZAK PETERSEN
Developer

JSE diversified REIT, Dipula, seized the rates
down cycle opportunity on the swap market
to conclude R360 million worth of swaps, for
four years at a nominal rate of 7.85%. As a
result, Dipula’s total debt hedge increased
to 60.5% from 48% at 29 February 2016.
AUGUST 2016 SA Real Estate Investor

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