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Liberty Group to buy out L2D’s shares, consolidate property portfolio
27th July 2023 By: Schalk Burger

Financial services and insurance firm Liberty Group has announced that it will buy out all minority shareholders of retail-centred real estate investment trust Liberty Two Degrees (L2D) at R5.55 a... 


An aerial shot of the Blue Crane shopping centre at night well lit by all of the BEKA Schréder SOLARPOLE Lighting systems whch have been installed in the parking area
Solar installation lights way for shoppers
21st July 2023 By: Halima Frost

South African lighting solutions manufacturer BEKA Schréder completed the supply of a solar streetlight installation for a shopping centre in Alberton, Gauteng. A total of 24 BEKA Schréder... 


Image of an African woman in a navy suit
Firm open to investing in the ‘right’ sectors in KZN
7th July 2023 By: Bridget Lepere

Black-owned private equity investment firm Agile Capital focuses on investments that drive sustainable development and have a demonstrable track record of growth and investment returns, with Agile... 


Waterfall City
GEPF to acquire 30% stake in Attacq’s Waterfall City subsidiary
6th July 2023 By: Cameron Mackay

Real estate developer Attacq and the Government Employees Pension Fund (GEPF) have concluded a nonbinding term sheet that will result in the GEPF acquiring a 30% interest in Attacq’s AWIC... 


Jars of honey produced by the bees
Emira continues driving biodiversity preservation through beehives
5th July 2023 By: Marleny Arnoldi

JSE-listed Emira Property Fund acknowledges the importance of bees and has, as at July 5, installed 16 beehives at eight of its properties in Gauteng and KwaZulu-Natal. Five of these sites have... 


AmaranthCX director Paul Miller
Policymakers urged to fix distorted public market as South African delistings continue
3rd July 2023 By: Marleny Arnoldi

The public market continues to see delistings on the JSE and other South African stock exchanges at an alarming rate, says consultancy and research provider AmaranthCX director Paul Miller, with 14... 


Sun City installs 1.4 MW solar PV system
28th June 2023 By: Schalk Burger

Holiday resort Sun City has installed a R16-million, grid-tied solar photovoltaic (PV) system, rated at 1.4 MW, to reduce electricity consumption from the national grid. The system constitutes 2... 


Zikalala provides updates on infrastructure projects and initiatives
28th June 2023 By: Cameron Mackay

Public Works and Infrastructure Minister Sihle Zikalala has assured the country that his department has plans in place to deal with the various infrastructural challenges. During a media briefing,... 


Is SA Inc fighting the construction mafia, or adapting to incorporate it?
Is SA Inc fighting the construction mafia, or adapting to incorporate it?
27th June 2023 By: Irma Venter

The construction mafia, or so-called ‘business forums’, first reared its head in KwaZulu-Natal in 2014 and 2015, invading construction sites to demand a share of projects, or that companies employ... 


New development to add 1 320 middle-class dwellings to Stellenbosch’s housing stock
23rd June 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... 


Construction starts on Atlantis SEZ for green technologies
23rd June 2023 By: Irma Venter

Construction on Zone 1 of the Atlantis Special Economic Zone (SEZ) for green technologies in the Western Cape has started. The first tenant in the 22 ha Zone 1 will be industrial and specialist gas... 


S Africa’s green building adoption lags despite benefits
23rd June 2023

The global construction industry accounts for about 40% of global greenhouse gas (GHG) emissions. Yet, while green building practices have been posited as effective tools to counter the effects of... 


Growthpoint seeks shareholder support for R250m CSI empowerment trust
21st June 2023 By: Schalk Burger

JSE-listed real estate investment trust Growthpoint Properties has asked its shareholders to approve a R250-million broad-based black economic empowerment (BBBEE) transaction in which it will... 


CyBe’s mobile 3D concrete printer in use at the University of Johannesburg
SAHIF, Dutch company partner on earthquake-proof 3D-printed concrete houses
15th June 2023 By: Schalk Burger

Real estate investment fund the South African Housing & Infrastructure Fund (SAHIF) has announced that it plans to roll out innovative three-dimensional (3D) concrete-printed homes in South Africa.... 


Wonderpark sustainability initiatives bearing fruit
Wonderpark sustainability initiatives bearing fruit
14th June 2023

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


An image showing Vukile Property Fund presenting their full year results
Vukile reports good results as European portfolio helps offset South African challenges
12th June 2023 By: Tasneem Bulbulia

JSE-listed Vukile Property Fund says it achieved a good set of operating results for the financial year ended March 31, adding that it is in a strong financial position. Vukile has reported a 6.2%... 


A large cement manufacturing plant with green landscape behind.
Infrastructure projects critical to sector’s growth
9th June 2023 By: Halima Frost

The cement and concrete industry is stagnant and the only avenue for rejuvenation is the implementation of some of the infrastructure projects for which government has allocated over R900-billion,... 


a portrait image of CCSA CEO Bryan Perrie and CCSA business development manager and event organiser Hanlie Turner
Event promotes sector research
9th June 2023 By: Halima Frost

Industry body Cement & Concrete South Africa (CCSA) will host its second biennial Young Concrete Researchers, Engineering and Technologists Symposium (YCRETS) from July 12 to 14. The event is aimed... 


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... 


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