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JSE-listed real estate investment trust Hyprop Investments and ticketless parking solutions company admyt have partnered to improve parking services at Hyprop’s largest retail centres. admyt will...
Financial services firm Nedbank Corporate and Investment Banking (CIB) and industry organisation the South African Real Estate Investment Trust Association (SA REIT) have formed a strategic...
Privately owned Afrikaans, Christian higher education institution Akademia has announced the development of a R3.2-billion campus in Pretoria East. The campus will be developed by real estate...
The expansion and capacitation of Infrastructure South Africa (ISA) is central to the Department of Public Works and Infrastructure’s (DPWI’s) strategy for increased infrastructure investment, says...
JSE-listed real estate investment trust (Reit) Redefine Property has revealed that its total renewable-energy component, which includes wheeling and further expansion of its rooftop solar PV...
JSE-listed real estate investment trust (Reit) Redefine Properties has indicated optimism in the recovery of the office space rental sector, which suffered a severe drop-off in demand at the...
JSE-listed retail real estate investment trust (Reit) Vukile Property Fund has issued R796-million of senior unsecured corporate bonds with three-, five- and six and a half-year maturities. Vukile...
The average payout ratio of South African Real Estate Investment Trusts (Reits) was 75.6% in 2023 and is expected to reach 78.4% this year. This compares well with the global average payout ratio...
The new Flower Hall Examination and Test Centre, on the University of the Witwatersrand's (Wits') Campus West, has been shortlisted in the Creative Reuse category for the World Architecture...
Privately owned, Afrikaans, Christian higher education institution Akademia has announced the development of a R3.2-billion campus in Pretoria East. The campus will be developed by real estate...
The property division of Transnet has been given board approval to sell its residential and non-core commercial properties over the coming two years, while moving to package the balance of the...
JSE-listed real estate investment trusts (REITs) Attacq and Hyprop, which each holds 50% shares in AttAfrica, will sell their interests to commercial real estate company Lango Real Estate....
JSE-listed Emira Property Fund has entered into a series of agreements with DL Invest Group 1 SCSP – controlled by Dominik Leszczynski – and its wholly-owned subsidiary, DL Invest Group (DL...
The City of Cape Town’s top requests to the Government of National Unity (GNU) are for municipal police to have the powers to investigate crime; the devolvement of passenger rail to the city; the...
JSE-listed real estate investment trust Growthpoint Properties has announced a new energy benefit scheme called e-CO2, which it will roll out at ten of its properties in Sandton. This marks a...
As digitalisation continues to transform industries, the real estate sector has to deal with significant changes in how it manages and protects information, especially with the transition from...
The Crestcare Hospital Group has cut the ribbon on its newest development, the R238-million acute hospital in the Western Cape town of Malmesbury. Crestcare’s majority shareholder is black-owned...
The South African commercial property market presents a blend of challenges and opportunities for investors and buyers, with economic uncertainties, shifts in the rental market, financing...
International hospitality company Radisson Hotel Group plans to double its footprint in South Africa by 2030, consequently resulting in its having 25 hotels in the country. This strategic vision...
The commercial and industrial property market is struggling with rising costs, macroeconomic fluctuations and the rapid advancement of technology, according to property company Liberty Two Degrees...
JSE-listed Balwin Properties has announced plans to develop 7 300 rental apartments over the next eight to ten years, which marks the launch of its rental portfolio. Currently, the company is...
Energy company Energy Partners has completed a project at property investment company Fairvest's Metalbox skyscraper in Auckland Park, Johannesburg. The property now features a building-integrated...
The Crestcare Hospital Group has cut the ribbon on its newest development, the R238-million acute hospital in the Western Cape town of Malmesbury. Crestcare’s majority shareholder is black-owned...
This month, July, will see the Greentech-focused Atlantis Special Economic Zone (ASEZ) mark two milestones, namely the breaking of ground for the first new factory to be built there, and the start...
In a move to bolster cybersecurity and enhance the reporting of cybercrime incidents, it is expected that Section 54 of the Cybercrimes Act will be enacted soon. This enactment of this provision...
Special economic zone (SEZ) Dube TradePort says its long-term leasehold model allows investors to access land over long periods without the need to buy it outright and ensures that it has a stable...
Cape Town mayor Geordin Hill-Lewis has upheld a decision by the city’s Municipal Planning Tribunal to impose a record R1-million penalty for unauthorised construction work in Belville. The penalty...
A consistent and predictable pipeline of construction and infrastructure development projects, which must be underpinned by political support and leadership, is all that is necessary to accelerate...
Energy company SolarSaver has successfully completed a solar installation at the Marriott Hotel Melrose Arch and the African Pride Hotel, both of which are based in the Melrose Arch precinct in...
Radisson Hotel Group will add seven new hotels, with more than 1 200 rooms, to its African portfolio and will open two hotels in Dar es Salaam and in Mwanza, in Tanzania, in 2025. The new hotels...
Shopping centre-focused real estate investment trust Hyprop Investments continues to make progress on key priorities having been set for the 2024 financial year ending June 30, including...
Since embarking on its sustainability journey in 2008, the V&A Waterfront (V&A) in Cape Town has reduced its energy use by 40%, with 2 MW of photovoltaic (PV) solar panels generating 1 640 000 kWh...
Recent tragic events, resulting in the loss of over 40 construction workers' lives across three sites last month, have brought heightened attention to both the wellbeing of construction personnel...
Privately owned construction company GVK-Siya Zama has worked “around the clock” to complete the redevelopment of Cape Town Station, in the Western Cape, into a mixed-use residential and retail...
Real estate company Fortress Real Estate Investments says healthy logistics demand, disposals of noncore assets and effective capital recycling continue to drive its positive operational...
JSE-listed self-storage real estate investment trust Stor-Age has reported robust financial results for the 2024 financial year ended March 31, showcasing significant growth in rental rates and...
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