Good news for property: Unlisted funds could soon enjoy REIT status

South Africa’s commercial real estate sector welcomed the budget announcement that National Treasury is supporting, and working towards, extending South Africa’s REIT (Real Estate Investment Trust) dispensation to unlisted property-owning companies.

Budget 2015’s Winners and Losers

Simplified and summarised for your reading ease, this article presents a concise breakdown of Budget 2015’s winners and losers.