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Property developer Equites Property Fund achieved distributions per share (DPS) of 66.50c for the six months ended August 31, aligned with its market guidance. The group is now targeting full-year...
The Afrimat Construction Index (ACI) has managed to bounce back in the second quarter of this year. The ACI is a composite index of the level of activity within the building and construction...
The Gauteng Department of Human Settlements is undertaking detailed planning for the eradication and conversion of six hostels owned by the provincial department to 2 000 family units, Human...
Wilson Bayly Holmes-Ovcon (WBHO) is currently in “a good space”, says CEO Wolfgang Neff. “We all feel a whole lot better about South Africa.”
JSE-listed Emira Property Fund says its local commercial portfolio has performed well in the five months ended August 31, with total vacancies across the portfolio having increased only marginally...
The University of the Witwatersrand (Wits) says all proceeds from the sale of the Frankenwald Estate, in Gauteng, and the future sale of residential and commercial sites will be placed into a...
Retail centre owner Hyprop has reported distributable income of 370.4c a share for the financial year ended June 30, a reduction of 8.6% year-on-year, but better than previously anticipated. In...
Architectural profession regulator the South African Council for the Architectural Profession (Sacap) has expressed dedication to work closely with the Ekurhuleni Mayor’s office and the Department...
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...
The Afrimat Construction Index (ACI) has managed to bounce back in the second quarter of this year. The ACI is a composite index of the level of activity within the building and construction...
JSE-listed retail estate investment trust (REIT) Growthpoint Properties has reported improvements in the majority of key performance indicators (KPIs), including arrears, rental reversion rates,...
Wilson Bayly Holmes-Ovcon (WBHO) is currently in “a good space”, says CEO Wolfgang Neff. “We all feel a whole lot better about South Africa.”
JSE-listed real estate investment trust Attacq grew its distributable income per share for the financial year ended June 30 by 19.9% year-on-year to 86.2c, while its full-year dividend increased by...
JSE-listed Vukile Property Fund’s 99.5% held Spanish subsidiary Castellana Properties has agreed to acquire a high-quality, blue-chip-tenanted portfolio of three shopping centres in Portugal....
JSE-listed integrated residential developer Calgro M3 has informed shareholders that CEO Wikus Lategan and Memorial Parks MD Waldi Joubert have resigned, with effect from December 31, to pursue...
Cape Town’s Mayoral Committee has greenlit the release of 7 ha of land for a mixed-use development in Rondebosch East, roughly 10 km from the city centre. The committee will now seek council...
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...
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