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A family trust linked to Koos Bekker — one of South Africa’s richest people — sold about €156-million of shares in Internet investing giant Prosus to fund building operations at hotels in South...
The Department of Public Works and Infrastructure (DPWI) has released requests for proposals (RFPs) for 24 underutilised State-owned properties across the country. Members of the public and private...
Logistics and supply chain solutions provider Vanguard Logistics South Africa has signed a a ten-year lease for a new 13 000 m² warehouse at Clairwood Logistics Park, in KwaZulu-Natal, with real...
The City of Johannesburg (CoJ) opened the 184-unit, Phase 3 of the Riverside View affordable housing development in Diepsloot, west of Midrand and north of the City's centre, this week. Monthly...
The City of Cape Town has announced the approval of a lease agreement for part of a city-owned property in Paardevlei, Somerset West, which will see the construction of a R900-million film set by...
Cape Town’s V&A Waterfront plans a R20-billion expansion of the adjacent Granger Bay precinct and has sought permission from authorities in South Africa’s second-biggest city for the development....
The country must have a frank discussion about the 30% local procurement rule, which has been abused by the so-called construction mafia, says Public Works and Infrastructure Minister Dean...
The Afrimat Construction Index (ACI) continued its upward trend in third quarter of the year. The ACI is a composite index of the level of activity within the building and construction sectors, and...
Real estate investment company Fortress Real Estate Investments has revised its distributable earnings forecast for financial year 2025 to R1.78-billion, representing 147.80c a share, a 16.9%...
The City of Cape Town has announced the approval of a lease agreement for part of a city-owned property in Paardevlei, Somerset West, which will see the construction of a R900-million film set by...
JSE-listed real estate investment trust Fairvest has reported a 5% year-on-year increase in its distributable income to R707-million for the financial year ended September 30, compared with...
Out of the 206 infrastructure projects overseen by the Department of Public Works and Infrastructure (DPWI) this financial year, 164 are experiencing delays, says Public Works and Infrastructure...
The electricity minus carbon dioxide, or e-co2 (pronounced eco-two), green energy benefit scheme, introduced by real estate investment trust Growthpoint Properties, is driving a shift towards...
Project developer Lurra Capital says work on The Fynbos biophilic building is advancing steadily. The project basement, which officially broke ground in November last year, is now 38% complete.
Africa’s biggest pension fund is backing Grit Real Estate Income Group’s $100-million capital-raising push for the property company’s real estate unit on the continent. The Public Investment...
JSE-listed retail real estate investment trust Vukile Property Fund has reported a 6% increase in its interim cash dividend to 55.2c a share for the six months to September 30. The company, in a...
JSE-listed real estate investment trust Attacq has reiterated its confidence in its ability to achieve distributable income a share growth of between 17% and 20% in the 2025 financial year ending...
JSE-listed real estate investment trust (Reit) Octodec has reported a 7.4% decrease in its attributable profit for the year ended August 31 at R215-million, on the back of a difficult macroeconomic...
The country must have a frank discussion about the 30% local procurement rule, which has been abused by the so-called construction mafia, says Public Works and Infrastructure Minister Dean...
Afrirent Holdings has secured the winning bid to develop a prime site located next to the Cape Town International Convention Centre (CTICC). The right to construct a mixed-use development, valued...
Out of the 206 infrastructure projects overseen by the Department of Public Works and Infrastructure (DPWI) this financial year, 164 projects are experiencing delays, says Public Works and...
The problem posed by the construction mafia on the ground remains a major stumbling block in the recovery of the construction industry, and especially its ability to create more jobs, says Master...
JSE-listed Emira Property Fund achieved a positive performance for the six months ended September 30, owing to strengthening operational metrics, active asset recycling and strategic deal-making,...
JSE-listed real estate investment trust (Reit) Dipula Income Fund’s property portfolio has increased by 4% in value to R10.2-billion in the financial year ended August 31, contributing to a 5% rise...
The City of Cape Town’s (CoCT’s) Mayoral Committee (Mayco) has greenlit a public participation process to release prime property in Green Point for mixed-use development, including affordable...
The 340 ha mixed-use urban development precinct The Bridge was opened in Stellenbosch, in the Western Cape, on November 7. The Bridge represents a commitment to community-focused growth,...
JSE-listed real estate investment trust (REIT), Equites Property Fund has raised R558-million through the public auction of three-year and five-year listed senior unsecured floating rate notes in...
The South African Real Estate Investment Trust Association (SA REIT) has, in partnership with Nedbank Corporate and Investment Banking (CIB), launched the SA REIT Sustainability Disclosure Guide,...
Real estate investment trust Growthpoint has started construction on the second development phase of its Arterial Industrial Estate, in Blackheath, Cape Town. Arterial Industrial Estate is on a 71...
Shopping centre Sandton City, in Gauteng, has announced its interest in procuring renewable energy over the Independent Energy Pool (IEP) platform through the development and deployment of wheeled...
Financial institution Rand Merchant Bank (RMB) has, in partnership with REdimension Capital and the Green Building Council of South Africa (GBCSA), released an environmental, social and governance...
JSE-listed real estate investment trust (Reit) Redefine Properties has posted a distributable income per share (DIPS) of 50.02c and a dividend of 42.52c apiece for the financial year ended August...
Provincial agency the Eastern Cape Development Corporation (ECDC) is rolling out a R546-million refurbishment programme at its R1.37-billion rental investment property portfolio, which includes...
JSE-listed residential property developer Balwin recorded a 28% year-on-year decline in revenue to R852.7-million and a 57% year-on-year decrease in profit to R76.9-million for the six months ended...
JSE-listed real estate investment trust (Reit) Octodec Investments has announced that incoming executive FD and debt officer Riaan Erasmus will also assume the position of deputy CEO, with effect...
As part of its sustainability efforts, Liberty 2 Degrees (L2D) expects to complete its solar energy rollout of 17 MW across its retail centres by the end of 2025, which will reduce its overall...
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