Growthpoint says its property pivot is beginning to pay off, according to Moneyweb’s report on the group’s 2026 results. Outgoing Group CEO Norbert Sasse discussed the performance, reflected on his 26 years with the company, and pointed to an “exceptional team” expected to take the business to the next level. The blurb does not provide financial figures or detail the pivot’s specific measures.

Major South African real estate investment trusts have reported solid earnings growth, supported by strength in the local property sector, according to Moneyweb. The V&A Waterfront remained Growthpoint's standout performer, while Hyprop posted a double-digit increase in line with the upper end of its guidance. The results point to resilient performance among the country's large listed property funds despite broader economic pressures.

Hyprop Investments CFO Brett Till has discussed the South African property group's rise in distributable income, according to Moneyweb. He outlined efforts to reposition the company's mall operations as well as its international expansion plans. The interview covered the real estate investment trust's portfolio optimisation strategy and the factors underpinning its recent financial performance.

Growthpoint Properties reported that the V&A Waterfront generated R965 million for the group. According to the company, its like-for-like net property income rose by 10.6%, a performance it attributed to increased tourism, higher footfall and improved retail trading at the Cape Town precinct. The figures reflect the continued recovery and strength of the waterfront as one of the group's key assets, with visitor activity and retail sales contributing to the improved income for the period.

Analysts suggest the rally in South African listed property stocks may continue, according to Moneyweb. Ian Anderson of Merchant West Investments and Kundayi Munzara of Sesfikile Capital point to improving sector fundamentals, attractive yields and the possibility of annual returns in the teens as reasons for optimism. Their views indicate that, despite recent gains in listed property shares, investors could still see further upside if current conditions in the sector persist.

Gold prices are facing challenges due to rising interest rates, as analyzed in the latest updates from Growthpoint, Nedbank, and Vunani's return to profitability. The impact of these economic factors on the gold market is significant, influencing investor behavior and market dynamics.