Moneyweb reports on a day of weaker markets, with Growthpoint announcing a strategic property pivot, airport operator Acsa posting results reflecting its recovery, and Hyprop delivering an income boost through portfolio optimisation. The coverage also includes Allan Gray's investment strategy and an interview with Unathi Kildase in the Executive Lounge, according to the publication's market roundup.

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.

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.

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.

Property group Hyprop has reduced its water consumption by 16% through a company initiative, according to Moneyweb. The group's chief executive, Morné Wilken, discussed the savings alongside Hyprop's financial results. The reported reduction forms part of the group's broader operational and sustainability efforts, with Wilken outlining the company's performance during the results discussion.