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Suren is an award-winning business journalist, deputy editor of Moneyweb and host of the Property Pod. He has a keen interest in covering the property, retail, state-owned enterprises and tourism sectors.
UPDATE

Rebounding Tsogo Sun Hotels in big rebrand back to Southern Sun

26 May 2022 /  Suren Naidoo
SA’s biggest hotel group uses Covid low to expand, gain market share and embark on a brand makeover.

Office landlord Delta’s vacancies top 31%

25 May 2022 /  Suren Naidoo
Share price slides over 10% as group declares no dividend and sees weakening performance in several key metrics.

London listing on the cards for Africa-focused Lango Real Estate

24 May 2022 /  Suren Naidoo
Thomas Reilly, MD of the Growthpoint and International Finance Corporation-backed property fund, talks about Lango’s next phase of expansion, which includes an IPO in the next three years and entering the Kenyan market.
UPDATE
2

Sarb hikes repo rate by 50bps

19 May 2022 /  Suren Naidoo
In the wake of spiking global inflation.

Polish property market not impacted by Russia-Ukraine conflict, says Redefine CEO

17 May 2022 /  Suren Naidoo
Andrew König doesn’t expect negative commercial property valuations within its majority-controlled EPP business in Poland.
UPDATE
3

Ubank placed under curatorship, Sarb confirms

16 May 2022 /  Suren Naidoo
KPMG appointed curator.
1

Real estate investing in Africa and the transition from the mighty dollar

10 May 2022 /  Suren Naidoo
Property pundit Kevin Teeroovengadum speaks about the dollarisation of African real estate assets, why he believes it’s important for the continent to transition to local currencies when investing in the sector, and the need for African countries to develop their own capital markets.

Premium-trading Equites Property Fund reports 5.2% increase in FY dividends

4 May 2022 /  Suren Naidoo
Declares 100% of distributable earnings, but shareholders still have the option to reinvest via group’s dividend reinvestment programme.
1

Up-for-sale Newlands Rugby Stadium site could make way for mixed-use development

19 Apr 2022 /  Suren Naidoo
There has been a lot of interest from listed and private property entities, landlords and property owners, and some international developers and investors: Wes Cowan, Galetti associate director.
UPDATE

Mr Price in another surprise acquisition, secures R3.3bn controlling stake in Studio 88

13 Apr 2022 /  Suren Naidoo
Latest expansionary move ‘will be fully funded through existing cash resources of the group’.

SA Reit sector shows negative performance for first quarter of 2022

5 Apr 2022 /  Suren Naidoo
Anton de Goede of Coronation Fund Managers discusses the sector’s Q1 performance and shares his views on Reits that published results in the recent reporting season.
UPDATE
1

Arrie Rautenbach appointed Absa CEO with immediate effect

29 Mar 2022 /  Suren Naidoo
Rautenbach is the group’s first internally appointed CEO since 2006.
UPDATE

Sarb increases repo rate to 4.25%

24 Mar 2022 /  Suren Naidoo
Shying away from an even higher hike in the face of spiralling oil prices amidst the Russia-Ukraine conflict.

SAB to invest R920m in its Prospecton and Ibhayi breweries

24 Mar 2022 /  Suren Naidoo
Group ups local investment commitment to R4.5bn at the latest SA Investment Conference.
UPDATE
2

Attacq slashes debt, but still no dividends

23 Mar 2022 /  Suren Naidoo
Latest property counter not to declare an interim dividend, together with the likes of Hyprop and Fortress.

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