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Marriott Hotel, in Melrose Arch
SolarSaver showcases innovations of its latest solar installation in Melrose Arch precinct
28th June 2024 By: Marleny Arnoldi

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 to open its first hotels in Tanzania as part of African expansion
25th June 2024 By: Schalk Burger

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... 


Hyprop property
Hyprop expects higher full-year tenant revenue in South Africa, Eastern Europe
24th June 2024 By: Marleny Arnoldi

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... 


Already green V&A Waterfront eyes starting up desalination plant, building second seawater cooling plant
21st June 2024 By: Irma Venter

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... 


A man’s arm holding a hard hat wearing other PPE in the foreground of a construction site
Fatalities draw attention to health and safety standards
21st June 2024 By: Halima Frost

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... 


A photo of the new Cape Town Station which has been re-imagined to house over 3 000 students and has sports grounds, a shopping centre and cinemas
Mixed-use project completed
21st June 2024

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... 


Fortress reports positive operational performance amid logistics demand, disposals and capital recycling
20th June 2024 By: Sabrina Jardim

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... 


stor-age facility
Stor-Age reports strong financial performance
18th June 2024 By: Darren Parker

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... 


V&A executive manager: operations André Theys
V&A Waterfront signs deal to raise green-electricity contribution to 70% by 2026
18th June 2024 By: Terence Creamer

Cape Town’s V&A Waterfront has signed a ten-year power purchase agreement (PPA) with Etana Energy for 43 GWh of renewable energy yearly, which will result in wind and solar supplying 70% of the... 


Image of Cape Town
Cape Town releases more land for affordable housing under new housing strategy
13th June 2024 By: Irma Venter

With national government slashing Cape Town’s housing grants by R107-million this financial year, the city has been forced to change its housing strategy, says Mayor Geordin Hill-Lewis. Cape Town... 


Liberty Two Degrees COO Jonathan Sinden
L2D reports sustainable operational performance on retail assets
11th June 2024 By: Sabrina Jardim

Despite the current economic climate presenting slowing growth, characterised by high inflationary pressure, increasing costs of property rates, the lack of delivery of basic utilities such as... 


Image of Cape Town Mayor Geordin Hill-Lewis
City of Cape Town hits apartment building developer with R1m fine
11th June 2024 By: Irma Venter

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 building work. The penalty relates to a... 


KZN floods 2022
Natural disasters emerge as top risk consideration for professionals in construction, property
11th June 2024 By: Marleny Arnoldi

Thirty-eight percent of 3 000 risk management professionals and business leaders agree that natural catastrophes, fire and explosion risks are emerging as primary concerns in the engineering,... 


Image of the blackwater treatment plant at the V&A
Already green V&A Waterfront eyes starting up desalination plant; building second seawater cooling plant
6th June 2024 By: Irma Venter

Since starting 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 of... 


Absa, IFC unveil innovative climate-smart housing rebate
6th June 2024 By: Sabrina Jardim

Financial services provider Absa, in collaboration with the International Finance Corporation (IFC), has launched a new initiative within the South African residential market aimed at promoting... 


Vukile CEO Laurence Rapp
Vukile delivers robust results, growth opportunities
5th June 2024 By: Sabrina Jardim

JSE-listed, consumer-focused retail real estate investment trust (Reit) Vukile Property Fund on June 5 said it had outperformed the upper end of its full-year market guidance, delivering a 10.5%... 


Alley Roads’ Riverstone Mall kickstarts R600m development injection for Meyerton
Alley Roads’ Riverstone Mall kickstarts R600m development injection for Meyerton
5th June 2024

As part of its pipeline of 175 000 m2 of retail space earmarked for township and peri-urban areas across South Africa, property developer Alley Roads has unveiled its first retail development... 


Landsdowne founder and CEO Jonathan Kohler
Landsdowne appointed manager of new Western Cape property development
4th June 2024 By: Sabrina Jardim

Residential real estate manager and estate agency Landsdowne Property Group has been appointed the managing agent of the new Devonbosch property development, in the Western Cape. Devonbosch is... 


An image of Fairvest CEO Darren Wilder
Fairvest weathers challenges to deliver strong interim performance
3rd June 2024 By: Tasneem Bulbulia

Real estate investment trust Fairvest has posted an interim distribution of 67.83c per A share and 21.24c per B share for the six months ended March 31. “Fairvest is operationally strong and agile... 


Emira Property Fund CEO Geoff Jennett
Emira reports strong full-year operational results
31st May 2024 By: Sabrina Jardim

Despite high interest rates and difficult operating conditions, JSE-listed Emira Property Fund reported strong operational results, strategic delivery and capacity-enhancing active capital... 


Contractors, subcontractors battling as late payments worsen – MBA North
31st May 2024 By: Irma Venter

The construction industry value chain is at risk of collapsing as shrinking margins, unfair practices and payment issues continue to undermine the sector. This is according to members of the Master... 


Alley Roads CEO Barry Chapman
Alley Roads’ Riverstone Mall kickstarts R600m development injection for Meyerton
16th May 2024 By: Sabrina Jardim

Property developer Alley Roads has unveiled Riverstone Mall in Meyerton – its first retail development currently under construction – as part of its pipeline of 175 000 m2 of retail space earmarked... 


Equites CEO Andrea Taverna-Turisan
Equites reports sustained growth in rentals market
14th May 2024 By: Darren Parker

Real estate investment trust Equites Property Fund has reported sustained growth in its rental portfolio over the past few years and expects this trend to continue. In its results presentation for... 


Dipula Income Fund CEO Izak Peterson
Dipula reports improved metrics, hones in on solar
14th May 2024 By: Sabrina Jardim

JSE-listed real estate investment trust Dipula Income Fund has reported improved operational and financial metrics, as well as strategic gains in a period that marked the first phase of its new... 


An image of Octodec's HealthConnect building
Octodec grows interim retail income despite challenging conditions
14th May 2024 By: Tasneem Bulbulia

JSE-listed real estate investment trust Octodec Investments achieved income growth of 3.1% for the six months ended February 29, largely driven by higher rentals in its residential portfolio.... 


Calgro M3 CEO Wikus Lategan
Calgro M3 issues maiden dividend, posts robust results
13th May 2024 By: Schalk Burger

Residential-focused property developer Calgro M3 has issued a maiden dividend of 9.49c a share after posting a record gross profit margin of 27.25% for the financial year ended February 29, and... 


Contractors, sub-contractors battling as late payments accelerate – MBA North
Contractors, sub-contractors battling as late payments accelerate – MBA North
13th May 2024 By: Irma Venter

The construction industry value-chain is at risk of collapsing as shrinking margins, unfair practices and payment issues continue to undermine the sector. This is according to members of the Master... 


Image of Raubex CEO Felicia Msiza
Raubex sees 28% bounce in its order book despite challenging environment
13th May 2024 By: Irma Venter

Raubex saw a 28% jump in its order book for the financial year ended February 29, to R25.55-billion, compared with R20-billion in the previous financial year. “This is testimony to our diversified... 


An image depicting Balwin's padel courts
Balwin seeks to broaden access to padel in South Africa
10th May 2024 By: Sabrina Jardim

Balwin Padel, a division of JSE-listed property developer Balwin Properties, opened four new padel courts at its Thaba Eco Lifestyle Centre, in Gauteng, at the end of April. The sports centre now... 


Conditions still challenging, but contractors report noticeable uptick – MBA North
10th May 2024 By: Irma Venter

Last year was one of the most challenging years the Master Builders Association (MBA) North has ever experienced, with many of its long-standing members entering business rescue or closing their... 


Equites' distribution centre, in Parow
Equites starts wheeling power from distribution centre to head office in Cape Town
8th May 2024 By: Marleny Arnoldi

Property developer Equites Property Fund has officially started wheeling renewable energy onto Cape Town’s grid from solar panels atop its newly built distribution centre in Parow. The company is... 


Mall of Africa
Attacq subsidiary acquires remaining 20% stake in Mall of Africa
7th May 2024 By: Sabrina Jardim

JSE-listed real estate investment trust (Reit) Attacq’s 70% held subsidiary, Attacq Waterfall Investment Company (AWIC), has acquired the remaining 20% stake in Mall of Africa from the Atterbury... 


An image of Redefine Properties CEO Andrew König
Redefine choosing to remain optimistic despite challenging market conditions
6th May 2024 By: Tasneem Bulbulia

JSE-listed Redefine Properties reported solid results for the six months to February 29, despite prevailing challenging economic conditions in South Africa, including the impact of high interest... 


Flanagan & Gerard MD Paul Gerard
Flanagan & Gerard, Vukile acquire Mthatha shopping centre for R800m
24th April 2024 By: Schalk Burger

Retail property specialist company Flanagan & Gerard Property Group and JSE-listed real estate investment trust Vukile Property Fund have jointly acquired the BT Ngebs City regional shopping... 


An artist's impression of the Padel courts to be built at the Mall of Africa
Balwin adds padel courts to Mall of Africa offering
22nd April 2024 By: Schalk Burger

JSE-listed real estate investment trusts Balwin and Attacq will open six new rooftop padel courts at the Mall of Africa in Waterfall City as demand for the lifestyle sport gains momentum. Four of... 


Conditions challenging, but some green shoots emerging – MBA North
Conditions challenging, but some green shoots emerging – MBA North
19th April 2024 By: Irma Venter

Last year was one of the most challenging years the Master Builders Association (MBA) North has ever experienced, with many of its long-standing members entering business rescue or closing their... 


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