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A Large white electric concrete mixer with the SANY Logo and green detailing with the Paris landscape in the backdrop
All-electric mixer launched, tested
9th June 2023

Global innovative and sustainable building solutions developer Holcim tested an all-electric concrete mixer truck last month. The eMixer was officially presented to the industry at international... 


Urban development initiative Africa123 partners with SMEC Africa to build African cities
8th June 2023 By: Schalk Burger

Cape Town-based Singaporean private urban development initiative Africa123 has formed a strategic partnership with engineering and infrastructure company SMEC Africa, itself a subsidiary of... 


An apartment in the Kings Blockhouse development
Concor, Tuhf partner to fund two residential developments in Conradie Park
8th June 2023 By: Schalk Burger

Infrastructure and construction services company Concor Construction and commercial property financier Tuhf have established a partnership to fund two, and possibly more, developments in the... 


Emira CEO Geoff Jennett
Emira grows its net asset value per share, declares final dividend of 30.35c
7th June 2023 By: Schalk Burger

JSE-listed real estate investment trust Emira Property Fund has increased its net asset value a share by 4.2% to R16.97 a share for the nine months ended March 31, and declared a final dividend of... 


Reitway lists two new property ETFs on the JSE
5th June 2023 By: Schalk Burger

Property investment management company Reitway Global has listed two new property exchange-traded funds (ETFs) on the JSE through Prescient Management's newly approved co-named ETF platform. The... 


Fairvest CEO Darren Wilder
Fairvest continues pivot to retail; sharpens focus on vacancies and efficiencies
31st May 2023 By: Schalk Burger

JSE-listed real estate investment trust Fairvest continues to move towards becoming a retail-focused fund by recycling out noncore assets, with disposals expected to continue. Fairvest sold four... 


Tongaat's creditors approve business rescue plan for property development arm
30th May 2023 By: News24Wire

Creditors of embattled sugar producer Tongaat Hulett on Tuesday almost unanimously voted in favour of the rescue plan for the company's property arm, which is to be wound down. With 92% of... 


A lady standing at a podium addressing a group of people with billboards and signage behind her
Big goals for construction event
26th May 2023

This year’s Big 5 Construct Southern Africa is being held with the aim of driving economic growth, recovery and transformation within Southern Africa’s construction industry. The Big 5 Construct... 


A generic image of a table covered in plans drawings and contracts with male and female hands assessing the pages on the table.
Contracting makes for global debate
26th May 2023 By: Halima Frost

The question of whether engineering, procurement and construction (EPC) or engineering, procurement and construction management (EPCM) is a preferred or advisable contracting strategy in the South... 


Association claims ‘something is rotten’ in construction sector as five of its long-standing members fold
26th May 2023 By: Irma Venter

The Master Builders Association (MBA) North reports that five of its long-standing members went out of business during the course of last year.  The association’s executive director, Mohau... 


Raubex sees 17% uptick in order book, 35% jump in profit
26th May 2023 By: Irma Venter

Construction group Raubex says it has seen a “pleasing” 17% increase in its order book for the financial year ended February 28, to R20-billion, up from R17.1-billion in the previous year. About... 


Firm selected as supplier of choice
26th May 2023 By: Halima Frost

A prominent South African property development firm has opted to use technology and connectivity provider Lighter Than Air Network’s (LTA’s) devices to monitor and capture critical environment... 


A silhouette of construction workers pouring concrete at a construction site
Risk solutions provider growing African footprint
26th May 2023 By: Halima Frost

Since its establishment in 2021, risk mitigation solutions provider Africa Speciality Risk (ASR) has set its sights on consolidating its underwriting activities in South Africa as part of its... 


An image showing the nursery and vegetable garden at Emira's Wonderpark shopping centre
Sustainability initiatives bearing fruit at Emira’s Wonderpark centre
23rd May 2023 By: Tasneem Bulbulia

Diversified real estate investment trust (Reit) Emira Properties has implemented several community, social and environmental projects at its regional Wonderpark shopping centre property in... 


Balwin delivers higher full-year revenue, profit
22nd May 2023 By: Schalk Burger

JSE-listed property developer Balwin Properties has increased revenue by 6% to R3.3-billion and group profit by 20% to R437-million for the year ended February 28. The company also declared a final... 


A green office building owned by Growthpoint Properties
Index shows green-certified office buildings offer better return on investment
17th May 2023 By: Darren Parker

The Morgan Stanley Capital International (MSCI) South Africa Green Annual Property Index for 2022 has showed that green-certified prime and A-grade offices produced an improved total return last... 


Image of the Newinbosch site
Newinbosch to add 1 320 middle-class dwellings to Stellenbosch housing stock
17th May 2023 By: Irma Venter

The 48-ha Newinbosch mixed-use development will add 1 320 middle-class dwellings to housing stock in Stellenbosch, in the Western Cape, over the next four to six years. Newinbosch is being... 


Dipula achieves strong interim results despite macroeconomic factors
17th May 2023 By: Tasneem Bulbulia

JSE-listed diversified real estate investment trust Dipula Income Fund says it achieved robust results for the six months ended February 28, despite South Africa’s macroeconomic environment having... 


Octodec MD Jeffrey Wapnick
Octodec posts rental income growth
16th May 2023 By: Schalk Burger

JSE-listed real estate investment trust Octodec has increased its rental income by 3.2% to R974.2-million for the six months ended February 28, and increased like-for-like rental growth to 4.1%.... 


Growthpoint to undertake multimillion rand redevelopment of Bayside Mall
15th May 2023 By: Tasneem Bulbulia

JSE-listed Growthpoint Properties has announced a major redevelopment project for Bayside Mall, the Cape Town shopping centre located in the heart of the Table View and Parklands areas. The... 


Calgro CEO Wikus Lategan
Calgro reports record headline earnings for 2022
15th May 2023 By: Darren Parker

JSE-listed property investment company Calgro M3 has announced record headline earnings for the financial year ended February 28, with revenue having increased to R1.5-billion from R1.3-billion in... 


Amazon warehouse in Peterborough
Equites to sell its stake in some UK assets
9th May 2023 By: Marleny Arnoldi

JSE-listed specialist logistics real estate investment trust (Reit) Equites has announced it will sell its 60% shareholding in the Equites Newlands Group (ENGL) development platform, which will... 


Attacq, Tricolt launch Luna Club, final Galileo tower at Ellipse Waterfall
5th May 2023 By: Tasneem Bulbulia

Property development partners JSE-listed Attacq and Tricolt on May 5 hosted the opening of the Luna Cub, noted to be “an exclusive multi-concept lifestyle destination for its residents with premium... 


Image of MBA North executive director Mohau Mphomela
Spate of bankruptcies points to rise of unscrupulous practices – MBA
4th May 2023 By: Irma Venter

The Master Builders Association (MBA) North reports that five of its long-standing members went out of business during the course of last year.  The association’s executive director, Mohau... 


The intersection of Grayston drive and Rivonia road in Sandton
Investec first participant in initiative to keep Sandton traffic lights working during loadshedding 
3rd May 2023 By: Darren Parker

Financial services company Investec has become the first property owner to participate in an initiative spearheaded by the Johannesburg Roads Agency (JRA) and the Sandton Central Management... 


Accelerate appoints Marelise de Lange as CFO
3rd May 2023 By: Tasneem Bulbulia

JSE-listed Accelerate Property Fund has appointed Marelise de Lange as an executive director to the board and the new CFO with effect from August 1 to succeed Dimitri Kyriakides, who has retired as... 


Concor is installing a solar PV plant at the Eastgate shopping centre
Concor to add 5.74 MW of solar to Eastgate shopping centre upper parking
2nd May 2023 By: Schalk Burger

Construction contractor Concor is working on a project to build a 5.74 MW solar photovoltaic power plant in the Eastgate shopping centre's upper parking area, adding to the centre's existing 1 MW... 


An image showing an artist's impression of the Carnival City lifestyle estate development
Carnival City to expand with development of adjoining lifestyle estate
25th April 2023 By: Tasneem Bulbulia

Carnival City Casino, owned by resort company Sun International, is partnering with residential developer LivRES to develop a mixed-use lifestyle estate on vacant land at Carnival City in... 


L2D bolstering solar capacity across its asset portfolio
17th April 2023 By: Tasneem Bulbulia

Real estate investment trust Liberty Two Degrees (L2D) is continuing to roll out solar energy capacity across its asset portfolio. To achieve its Scope 1 and 2 net-zero emissions target by 2030,... 


Hyprop results show retail recovery after Covid-19
17th March 2023 By: Darren Parker

Strong trading metrics across real estate investment trust (Reit) Hyprop’s portfolio of retail properties in mixed-use precincts in key economic nodes for the six months to December 31, 2022, have... 


WBHO reveals record order book, finally closes door on Australia chapter
17th March 2023 By: Irma Venter

Wilson Bayly Holmes-Ovcon (WBHO) revealed a record order book as the company earlier this month reported its financial results for the six months ended December 31. At about R26.5-billion, the... 


A red carpet leading up to a newly revamped Tavern, The Spot 1818, in Soweto, as part of Heineken South Africa's Taverns of the Future initiative
Initiative sets out to improve tavern experience
17th March 2023 By: Halima Frost

Earlier this month, multinational brewing company Heineken South Africa spearheaded the launch of an initiative, Taverns of the Future, at The Spot 1818 in Phiri, Soweto.  The Spot 1818 is one of... 


Growthpoint Properties group CEO Norbert Sasse
Growthpoint retains focus on liquidity, balance sheet, posts good interim results
15th March 2023 By: Tasneem Bulbulia

JSE-listed Growthpoint Properties remained focused on liquidity and balance sheet strength to enable it to pursue its strategic initiatives, the group says in its unaudited interim results for the... 


Attacq delivers solid interim performance amid challenging local climate
14th March 2023 By: Tasneem Bulbulia

JSE-listed Attacq, which is developing Waterfall City, has achieved a resilient performance for the six months ended December 31, 2022, reporting higher distributable income, while also attracting... 


Township rental financier finalises first funding vehicle, attracts R125m in first year
13th March 2023 By: Donna Slater

Impact-driven property finance company TUHF21 has finalised its first funding vehicle aimed at financing rental properties in townships – the uMaStandi Fund – which has attracted R125-million in... 


ArcelorMittal's brazil furnace operations image supplied by Bloomberg
Company’s new furnaces under scrutiny
10th March 2023

Luxemburg-based ArcelorMittal’s path to net zero emissions has come under scrutiny as it starts the construction of a new coal-based blast furnace in India which contrasts with low-carbon... 


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Sector News

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VEGA Controls SA (Pty) Ltd
VEGA Controls SA (Pty) Ltd

For over 60 years, VEGA has provided industry-leading products for the measurement of level, density, weight and pressure. As the inventor of the...

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SAIMC (Society for Automation, Instrumentation, Mechatronics and Control)
SAIMC (Society for Automation, Instrumentation, Mechatronics and Control)

Education: Consulting with member companies to obtain the optimal benefits from their B-BBEE spending, skills resources as well as B-BBEE points

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Multotec
Multotec

Multotec, recognised industry leaders in metallurgy and process engineering help mining houses across the world process minerals more efficiently,...

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Flameblock
Flameblock

FlameBlock is a proudly South African company that engineers, manufactures and supplies fire intumescent and retardant products to the fire...

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