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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.
1

Octodec slashes full-year dividend to pay down debt

3 Nov 2021 /  Suren Naidoo
The group is still recovering from the financial fallout of the Covid-19 pandemic.
10

Transnet’s results ‘not as bad as anticipated’ says Derby

2 Nov 2021 /  Suren Naidoo
Group says the current financial year is seeing a ‘significant improvement’ compared to its Covid-hit 2021 financial year, which saw it report a record R8.4bn loss.
1

Collins Residential secures R1bn Auria Senior Living estate for North Coast

2 Nov 2021 /  Suren Naidoo
Murray Collins, founding director of Collins Residential, talks about the group's latest developments in KwaZulu-Natal (KZN) and why he is continuing to invest in the province despite the unrest in July.
UPDATE
17

Transnet’s record R8.4bn loss for Covid-hit financial year

29 Oct 2021 /  Suren Naidoo
Compared to a R2.9bn profit previously.
1

Royal Bafokeng Platinum rockets almost 20% on proposed Implats buyout offer

27 Oct 2021 /  Suren Naidoo
The proposal is currently ‘non-binding’, however if the deal is sealed, it will see RBPlat becoming yet another company to delist from the JSE.
4

Will listed property continue its recovery next year?

26 Oct 2021 /  Suren Naidoo
Nesi Chetty, fund manager and head of property at Stanlib, discusses the sector’s performance, highlighting winners, losers, and his hot stock picks.
UPDATE
4

Rebosis announces R6.3bn sale of its government-tenanted office portfolio

22 Oct 2021 /  Suren Naidoo
To a company known as Ulricraft, a newly established subsidiary of Vunani Capital Partners.
3

Clicks continues expansion, plans to open 11 baby ‘showroom’ stores

22 Oct 2021 /  Suren Naidoo
Part of a bigger rollout of up to 30 new outlets in FY 2022 and target of achieving a retail footprint of 900 stores in the next few years.
2

Stanlib secures ‘strategic partnership’ with JP Morgan Asset Management

21 Oct 2021 /  Suren Naidoo
Aimed at progressing the future of asset management in Africa.
UPDATE
23

Office property vacancies hit ‘all-time high’ – Sapoa

21 Oct 2021 /  Suren Naidoo
Over 2.91 million square metres of available space is currently unoccupied, and the situation is likely to get worse.
11

Acsa’s annus horribilis as FY loss hits R2.6bn

19 Oct 2021 /  Suren Naidoo
Despite the devastating impact of Covid-19, group says the worst is over and its balance sheet remains strong.
8

Bumpy recovery for the broader property market

15 Oct 2021 /  Suren Naidoo
Kobus Lamprecht of Rode & Associates chats about the findings of the latest Rode Report on the South African Property Market.
UPDATE
8

Brian Joffe will ‘relinquish’ Long4Life CEO post to become chairman

14 Oct 2021 /  Suren Naidoo
Group posts a strong set of interim results, but news of an unsolicited offer also saw its share price surging over 16%.

The big ‘back to the office’ debate

8 Oct 2021 /  Suren Naidoo
Can SA expect a bounce-back in prime office space – and if so, when? Malcolm Horne, Group CEO of Broll Property Group, and organisational psychologist Dr Natasha Winkler-Titus weigh in.
UPDATE
16

Santam loses big business interruption insurance appeal case

7 Oct 2021 /  Suren Naidoo
Court dismisses appeal with costs in big win for Ma-Afrika Hotels and Stellenbosch Kitchen, while insurer concedes defeat saying it accepts the decision.
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