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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...
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...
JSE-listed property company Fortress has been approved for a secondary listing on A2X Markets, joining fellow property companies Growthpoint Properties, Equites Property Fund, Fairvest, Hyprop and...
JSE-listed Growthpoint Properties has launched its newly revamped landmark office property at The Place at 1 Sandton Drive in Sandton Central, and its own Gauteng head office, which is in the...
JSE-listed Growthpoint Properties has acquired a 13 870 m2 prime logistics property in Keystone Park in Hammarsdale, KwaZulu-Natal, for R136-million, furthering the rebalancing of its sizable...
The Department of Public Works and Infrastructure (DPWI) has approved the release of 2.8 ha of land to the Housing Development Agency (HDA) in the Msunduzi municipality, in KwaZulu-Natal, for human...
Investec Property Fund (IPF) has announced three individual transactions that form part of its growth and diversification strategy, including entering the Australian market and combining some of...
JSE-listed Balwin Properties has launched its Munyaka lifestyle estate development in Waterfall City, Gauteng. Munyaka, which means 'crystal' in Venda, has one of the largest man-made lagoons in...
Industry organisation the South African Property Owners Association (Sapoa) is tackling the issue of high municipal rates and taxes, with research indicating that these have been rising steadily...
Wilson Bayly Holmes-Ovcon (WBHO) this week revealed a record order book as the company reported its financial results for the six months ended December 31. At around R26.5-billion, the order book...
JSE-listed Growthpoint Properties has broken ground on Phase 2 of Trade Park, a prime industrial park in the Mount Edgecombe industrial precinct in KwaZulu-Natal, north of Durban. This R180-million...
JSE-listed Liberty Two Degree (L2D) says it continued a strong recovery in its operational and financial metrics during the year ended December 31. It has, therefore, approved a distribution of...
The Finance Linked Individual Subsidy Programme (FLISP), or Help-Me-Buy-A-Home scheme, has been remodelled into First Home Finance, with the aim to improve access to affordable housing by providing...
The Department of Public Works and Infrastructure (DPWI), in partnership with Agrément South Africa (ASA), on February 24 signed a memorandum of understanding (MoU) with Infrastructure South Africa...
With the worst impacts of the Covid-19 pandemic having subsided, the increased interest rate cycle nearing its end and landlords finding power generation solutions, South Africa's real estate...
JSE-listed specialist residential property developer Balwin Properties will list its shares for trade on the local A2X Markets bourse from February 28. Balwin will be the first specialist...
JSE-listed Growthpoint Properties has launched its newly revamped landmark office property at The Place at 1 Sandton Drive in Sandton Central, and its own Gauteng head office, which is in the...
Diversified real estate investment trust (Reit) Fairvest has completed an aesthetic refurbishment of the landmark offices at 220 Madiba street, in central Pretoria. Fairvest says the upgrade of...
JSE-listed specialist logistics real estate investment trust Equites, through its subsidiary Retail Logistics Fund (RLF), will buy the 65 619 m2 Canelands logistics campus, in KwaZulu-Natal, from...
JSE-listed Emira Property Fund achieved a solid performance for the six months ended December 31, with a 17.4% increase in its cash-backed dividend of 66.43c apiece and growth in distributable...
JSE-listed Vukile Property Fund will invest about R350-million in backup power as it deploys a strategy to efficiently supplement the electricity supply to its malls. In its quest to help tenants...
The share price of JSE-listed real estate investment trust (Reit) Attacq, which is developing Waterfall City, rose by nearly 22% on the morning of February 13 after the company announced that it...
The City of Johannesburg has appointed the Joburg Development Agency (JDA) to implement renovations to the Johannesburg City Library on the corner of Albertina Sisulu road and Pixley Ka Isaka Seme...
JSE-listed real estate investment trust Attacq has appointed Fikile de Buck and Dr Gustav Rohde as nonexecutive directors, effective February 1. De Buck, with over 23 years of executive-level...
The City of Cape Town's Development Management Department only accepts building plan and land use applications online through its e-services portal, which has been upgraded to provide more online...
The Waterfall Management Company’s (WMC’s) Waterfall City was honoured with the Best International Mixed-use Development 2022/23 award at the yearly International Property Awards ceremony, held at...
Real estate investment trust (Reit) Growthpoint Properties is going to great lengths to ensure its buildings and tentants’ businesses remain powered up during South Africa’s electricity crisis and...
Public Works and Infrastructure Minister Patricia de Lille has been requested by State-own utility Eskom to expropriate servitudes, in terms of existing legislation, for electricity transmission...
The Competition Commission has approved the proposed transaction whereby steel maker Trident Steel subsidiary Trident Steel Africa (TSA) intends to acquire Aveng subsidiary Aveng Trident Steel...
Real estate investment trust Emira Property Fund says it has received increased enquiries for office space in Cape Town and Durban – welcome news in markets that have suffered from rising vacancies...
Real estate investment trust company Attacq has reported an improvement in the office and retail sectors following a downswing during the Covid-19 pandemic. Darren Parker tells us more.
Development finance institution the International Finance Corporation (IFC) will invest R1-billion in a green bond issued by JSE-listed real estate investment trust Growthpoint Properties....
Construction sector activity moved strongly into positive territory in the third quarter of the year, with the latest Afrimat Construction Index (ACI) outperforming the overall economy. The latest...
Property investment company Futuregrowth Asset Management’s Community Property Fund (Comprop) has acquired KG Mall shopping centre, which is situated at the entrance to the Kwa-Guqa township, in...
Following a harrowing two years for the construction sector, this year started with cautious optimism amid promises that a series of major infrastructure works would be fast-tracked, says Master...
There are some green shoots in the South African construction industry, despite predictions that the sector is facing imminent collapse, says Construction Industry Development Board (CIDB) CEO...
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