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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....
The City of Cape Town says it has approved building plans to the value of R7.8-billion in the first quarter of the current financial year. Up to 4 733 building plans were submitted to the city’s...
JSE-listed real estate investment trust Dipula Properties says its performance for the second half of its financial year to end August 31 outpaced that of the first half, driving a full-year...
Minister of Public Works and Infrastructure Dean Macpherson says his department has joined the Green Building Council of South Africa (GBCSA). Speaking at the GBCSA’s Green Building Convention in...
JSE-listed real estate investment trust (Reit) Growthpoint Properties has acquired a 30% stake in independent power producer Serengeti Energy’s operational Boston Hydroelectric plant, in the...
JSE-listed real estate investment trust Growthpoint Properties will provide verified renewable energy certificates (RECs) to 26 branches of financial services firm Nedbank that use the power...
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)...
Real estate investment trust SA Corporate Real Estate’s planned acquisition of the Parks Lifestyle Apartments, in Gauteng, presents an opportunity for the company to further its strategic focus on...
The Western Cape government has invited the private sector to partner with it as it targets a R1-trillion provincial economy by 2035, up from R664-billion in 2024. At the province’s first ever...
The complex requirements of new data centres that are capable of supporting AI workloads may be outpacing supply chain preparedness, says professional services company Turner & Townsend in its...
JSE-listed Redefine Properties has delivered a 7.8% year-on-year increase in its distributable income to R3.6-billion for the financial year ended August 31, compared with distributable income of...
The Cape Winelands Airport project has secured an investment, development and managing partner in the form of Growthpoint Properties, which has made an initial undisclosed investment in the...
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