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JSE-listed real estate investment trust Growthpoint has completed the multiyear, multimillion-rand redevelopment of the historic Longkloof Precinct in a heritage-led project to inject new life into...
Property company Attacq has welcomed Bayer, a global enterprise with core competencies in the life science fields of healthcare and nutrition, at Waterfall City. Bayer will occupy a collaborative...
The City of Cape Town says it is “eagerly awaiting” Finance Minister Enoch Godongwana’s announcement that the Budget, set to be delivered on Wednesday, will increase funding for cities to deliver...
The V&A Waterfront hopes to break ground later this year on a proposed R20-billion development to be rolled out in phases over the next 15 to 20 years. The new development and its funding have...
Climate and impact fund manager Camco subsidiary Spark Energy Services has signed an agreement with renewable energy and energy efficiency company GreenYellow South Africa to finance a portfolio of...
JSE-listed real estate investment trust Attacq, the strategic development partner of Waterfall City, announces that its flagship retail asset, Mall of Africa, has achieved the Excellence in Design...
JSE-listed real estate investment trust Redefine Properties has achieved an environmental, social and governance (ESG) risk rating of 6.5 from ESG research and data company Sustainalytics,...
Douw Steyn, a South African insurance tycoon and luxury property-estate developer, died at 72. The founder of local insurer Auto & General and the UK’s BGL Group also set up Steyn City, a private...
Following the soft launch of JSE-listed real investment trust Growthpoint Properties’ R2-billion Olympus mixed-use residential and retail development, in Sandton, Gauteng, in December, CEO Estienne...
Elevator, lift, escalator and moving walkway manufacturer Otis is providing equipment, advice and training to provide the vertical mobility that is needed to support the global trend of...
South Africa’s grid transmission infrastructure is constrained, and it is critical that this be dealt with to support the country’s goal of increasing its energy supply and diversifying its energy...
Renewable energy and battery company Decentral Energy has entered into a partnership with KwaZulu-Natal Midlands-based retirement accommodation and care company Mowana Communities, which will...
Public Works and Infrastructure Deputy Minister Sihle Zikalala has welcomed the signing into law of the Expropriation Bill by President Cyril Ramaphosa. The legislation, signed into law on January...
Public investment organisation the Public Investment Corporation (PIC) has made a strategic investment in affordable rental housing company Divercity Urban Property Group to enable further growth...
Master Builders Association North (MBA North) has warned construction firms that deliberately flouting immigration laws and occupational health and safety regulations could result in fines,...
The V&A Waterfront hopes to break ground later this year on a proposed R20-billion development to be rolled out in phases over the next 15 to 20 years. The new development and its funding have...
The final 25 units at the new BlackBrick Gardens development in Cape Town’s Lower Gardens will be put up for sale on February 5. Located on Roodehek street, BlackBrick Gardens represents a...
South Africa’s real estate investment trusts (Reits) are expected to deliver 8% to 9% income returns in 2025 – a solid starting point for investors, says Financial solutions provider Merchant West...
Master Builders Association North (MBA North) has warned construction firms that deliberately flouting immigration laws and occupational health and safety regulations could result in fines,...
Property developer Devmco Group has announced the launch of the third phase of its Capri Village development, in KwaZulu-Natal, which the company says is known for providing a “premier lifestyle”...
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...
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