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Public Works and Infrastructure Minister Dean Macpherson has provided some more high-level details on a plan to use a ringfenced property investment vehicle to begin to unlock value from the...
Property investment firm Flanagan & Gerard Property Group with its business partners have begun the development of a R60-million extension to Boardwalk Mall, in Gqeberha, further strengthening the...
JSE-listed real estate investment trust Growthpoint Properties has started construction of its new 36 830 m2 multi-tenanted logistics park, named Tecoma Park, in the rapidly emerging Cornubia Town...
Property investment firm Flanagan & Gerard Property Group has taken full ownership of the Morningside Shopping Centre in the upmarket Sandton suburb of Morningside from property investment firm...
JSE- and A2X-listed real estate investment trust Hyprop has announced the strategic sale of a 50% undivided share in Woodlands Boulevard for R791-million. Strategically aligned with its long-term...
Abland Property Developers has started construction on Canal Plaza, a new office development in Cape Town’s Century City, in partnership with Gutsche Investment (GIMCO), the Moolman Group and Blue...
JSE-listed real estate investment trust Growthpoint Properties will sell its 55% share in the 50 466 m² Discovery Phase 1 building to financial services firm Discovery for R2.31-billion. The...
Amid decarbonisation pressures and looming electricity tariff increases, South African property players are increasingly incorporating renewable-energy sources – such as on-site solar PV or offsite...
Growthpoint Properties has kicked off a R270-million project to redevelop Paarl Mall, in the Western Cape. The project will bring the centre’s gross lettable area to 44 474 m2, while also...
JSE-listed hospitality and leisure group Southern Sun has proposed nonbinding terms to acquire 50% of the shares of the Sandton Towers, Garden Court Sandton City, Sandton Convention Centre and the...
JSE-listed retail-focused real estate investment trust (Reit) Vukile Property Fund's majority-owned subsidiary Castellana will acquire the Berceo Shopping Centre, in the city of Longrono, La Rioja,...
The City of Cape Town (CoCT) has issued four new tenders for the construction of “affordable, residentially-led, mixed-used developments” on parcels of land released by the city. CoCT calls on...
Last-mile logistics and storage operator Inospace has acquired the Voortrekker Xchange – a commercial property strategically located along Cape Town’s N7 corridor, from JSE-listed real estate...
Construction of the proposed K148 road, in Gauteng, has been halted after NT55 Investments founder Francois Nortjé secured a High Court interdict, with the Gauteng Department of Roads and Transport...
Geoff Jennett has been appointed nonexecutive director of Heartwood Properties, a commercial property development and investment company listed on the Cape Town Stock Exchange and soon to be listed...
The R1.2-billlion project to redevelop Cape Town’s well-known Golden Acre is gathering steam, with construction work in full swing to convert the 110-m-high, 24-storey office tower, located in the...
Property investment and development company Heartwood Properties has announced that it has been approved for a secondary listing on the A2X stock exchange. Heartwood is currently listed on the Cape...
Amid a structural rental housing backlog of about 3.7-million units in South Africa, financial services provider Sanlam’s Property Impact Fund aims to address this shortfall, particularly targeting...
JSE-listed real estate investment trust Vukile Property Fund has acquired a 35% stake in specialist retail property investment fund and asset manager Pradera, which has a 25-year record across the...
Global hospitality group Marriott International has signed an agreement with V&A Waterfront Holdings to open The Cape Town EDITION at the V&A Waterfront in 2026, marking the debut of the EDITION...
Construction and building information modelling software developer RIB Software is transforming the way in which large-scale projects are managed in South Africa’s construction industry.
JSE-listed real estate investment trust Attacq has appointed Peter de Villiers as interim CFO, with effect from February 1. This follows the November announcement that current CFO Raj Nana has...
JSE-listed real estate investment trust (Reit) Growthpoint has launched the new R26-million Sandton Drive Link Bridge as part of a larger effort to enhance safety, accessibility and walkability for...
Professional services company Turner & Townsend will acquire Johannesburg-headquartered specialist real estate project management and construction solutions consulting firm Profica. This strategic...
The FNB/BER Building Confidence Index jumped to a 10-year high of 43 in the fourth quarter of this year, up from 35 in the third quarter. However, despite the uptick, the current index level still...
Construction work has started on The Granger, a R2-billion mixed-use development adjacent to the DHL Stadium in Green Point, Cape Town. Situated between the city’s central business district (CBD)...
Construction has begun on an R850-million residential redevelopment at Menlyn Office Park in Pretoria, Gauteng, which will add 1 200 apartments to the Menlyn node through a new partnership between...
Retail-focused real estate investment trust (Reit) Hyprop has raised R400-million in an oversubscribed accelerated bookbuild. Hyprop on December 3 set out to raise R300-million to fund various...
The City of Johannesburg's Johannesburg Development Agency (JDA) has formed a strategic partnership with the National Youth Development Agency (NYDA) to accelerate youth economic participation,...
After running a solo operation in the Free State for a number of years, SRK Consulting South Africa associate partner and principal scientist in disaster and risk management Dr Herman Booysen is...
JSE-listed property group Fairvest has reported a yearly distribution of 142.57c per A share and 48.15c per B share for the financial year ended September 30, surpassing the guidance provided to...
JSE-listed real estate investment trust (Reit) Vukile Property Fund has reported strong results for the six months ended September 30, outperforming guidance. Vukile increased its half-year...
JSE-listed real estate investment trust Octodec Investments’ distributable income per share increased by 8.2% for the financial year ended August 31, on the back of a resilient portfolio...
US-based retail multinational Walmart will open its first branded store in South Africa on November 22, at Clearwater Mall in Roodepoort, Johannesburg, marking its official entry into the country....
The new regulations requiring buildings to display their energy performance certificates (EPCs), which rate their energy-use efficiency, at entrances come into force on December 7. While...
Growthpoint Properties CEO Estienne de Klerk has raised concerns over uncertainty in property ownership, warning that the issue could hinder investment and development in the real estate sector....
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