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Regulator the South African Council for the Project and Construction Management Professions (SACPCMP) has deregistered 1 983 of its 14 000 members for continuing professional development (CPD)...
Development finance institution the International Finance Corporation (IFC), which is part of the World Bank Group, has made a R1-billion, or $58-million, facility available to JSE-listed...
Despite the “turbulence” in global markets, the South African real estate investment trust (Reit) sector is in significantly better shape today than it was five years ago, according to Merchant...
A solar plant as large as four rugby fields will provide 60% of the Sibaya Casino and Entertainment Kingdom’s electricity requirements, says hospitality group Sun International, which owns the...
Zone 1 of the Atlantis Special Economic Zone (ASEZ), in the Western Cape, was officially launched on April 7 with the sod turning ceremony for the Quantum V3 facility, which will support South...
The City of Johannesburg (CoJ) will rehabilitate buildings that have been declared uninhabitable by the courts, with the objective of leasing them to stimulate urban renewal, attract investment,...
Shrinking local and global demand for steel, owing to an oversupply of raw and processed variants – especially in China – and increased imports are the main causes for the declining steel and...
Property investment company Liberty Two Degrees (L2D) has reported that it has delivered a robust performance for the 2024 financial year, demonstrating resilience amid persistent macroeconomic...
JSE-listed real estate investment trust (Reit) Vukile Property Fund has reported that it has achieved a strong performance for the financial year ended March 31, underscoring its dealmaking...
Public Works and Infrastructure Minister Dean Macpherson has reported significant progress in reducing construction stoppages by criminal syndicates through intensified intelligence gathering, data...
The Department of Public Works and Infrastructure (DPWI) has extended the deadline for requests for proposals (RFPs) on the redevelopment of 31 State properties, owing to “the immense interest...
The building and civil engineering market in Gauteng continues to soften, but Cape Town is still offering “huge opportunities”, says WBHO CEO Wolfgang Neff. Announcing the construction giant’s...
Award-winning UK architect and architectural historian John Stewart speaks to Creamer Media’s Engineering News about his newly published book ‘Sir Herbert Baker: A Biography’, written with the...
JSE- and A2X-listed specialist property retail fund Hyprop Investments has achieved double-digit growth of 14.5% year-on-year in its distributable income to R765-million for the six months ended...
JSE-listed real estate investment trust (Reit) Growthpoint Properties has increased its distributable income per share (DIPS) for the six months ended December 31, 2024, by 3.9% year-on-year to...
Financial services firm Standard Bank has successfully closed a $250-million, seven-year unsecured loan from the International Finance Corporation (IFC), which will significantly bolster the bank's...
JSE-listed Sirius Real Estate, which owns industrial parks in Germany and the UK, has agreed to acquire Chalcroft Business Park, in Southampton, in the UK, for £36.5-million, representing a net...
South Africa's real estate investment trust (Reit) sector showed a recovery in February, rebounding by 1.2% after price declines seen in January. This positive return outpaced the broader equity...
The Department of Public Works and Infrastructure (DPWI) has extended the deadline for requests for proposals (RFPs) on the redevelopment of 31 State properties owing to “the immense interest...
JSE-listed real estate investment trust (Reit) Attacq, a strategic development partner of Waterfall City in Midrand, Gauteng, has announced a strong set of financial results for the six months...
The confidence of South African consumers in the future of residential property climbed to 87% in the fourth quarter of 2024, which is the highest level recorded in a decade, with the dominance of...
The building and civil engineering market in Gauteng continues to soften, but Cape Town is still offering “huge opportunities”, says WBHO CEO Wolfgang Neff. Announcing the construction giant’s...
Real estate company Fortress Real Estate Investments achieved a solid performance for the six months ended December 31, with distributable earnings a share of 76.15c, a 29.8% increase on the...
Networking and cybersecurity company Cisco has built a smart building system into Africa infrastructure development fund manager Harith General Partners' offices in Chislehurston, Sandton.
Real estate investment trust Growthpoint Properties expects to start construction on the first of two towers of the Olympus development in the coming months, as the company nears the 75% pre-sales...
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...
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