Articles from 2019

Following the success of its initial R1.15bn investment into the extended-stay hotel sector, Stonewood Alchemy Real Estate (SARE) will expand its portfolio by adding 44 additional properties in the United States. This will take its total portfolio to 61 properties, with a total value of R4.65bn ($310m). “Based on the performance of our 2018 portfolio and the entry of institutions and private…

The global economy is extremely volatile at present. The America-China trade war continues to create economic fissures, while uncertainty persists around Brexit, and global growth continues to slow.  With uncertainty the new normal, the status quo can and often does change quickly. But that creates opportunities for active investors to generate alpha and beat the market, doesn't it? Apparently…

The article (behind BusinessDay paywall):  https://www.businesslive.co.za/bd/companies/property/2019-03-31-what-sas-stonewood-plans-in-us-expansion/ What SA’s Stonewood plans in US expansion Privately owned property investment and development company adds five hotels to its 16-hotel portfolio Published in BusinessDay – 31 MARCH 2019 – by ALISTAIR ANDERSON ------------------------ The…

Following a tumultuous year, 2019 is shaping up to be a tale of two halves for South Africa. Expect a volatile market in the lead up to the general elections in May. This period will be characterised by a great deal of political noise and policy uncertainty, with a tough budget speech by the new Finance Minister in February as the plight of SOEs weighs on the fiscus. The risk therefore remains…