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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... 


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... 


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... 


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... 


Flushing the biggest water hog in the building
3rd April 2023

Non-sewered sanitation (NSS) technologies are not only a feasible solution for poor areas of the country that lack basic services. It is illogical that South African homes in the urban areas use up... 


Former South African Treasury boss Mogajane helms billion-dollar lithium plan
30th March 2023 By: Bloomberg

The former head of South Africa’s National Treasury has been tasked with cleaning up a scandal-dogged company that’s contemplating partnering a Chinese battery maker in a $1-billion lithium... 


Sihle Khumalo
Milk The Beloved Country – Sihle Khumalo
28th March 2023

Buckle up for a tour of South Africa – your guide the inimitable Sihle Khumalo. Born in South Africa, and having lived here for almost fifty years, Khumalo reflects on the past and ponders the... 


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... 


Sapoa decries rates increases amid lack of services, calls for consultation
1st March 2023 By: Tasneem Bulbulia

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... 


Alternative energy solutions are necessary now more than ever
24th February 2023

As a result of the load-shedding crisis, South Africa’s GDP growth is most likely to drop more than half to 1.2% this year. President Cyril Ramaphosa called the challenges within the embattled... 


New secure neighbourhood brings affordable, green living to Stellenbosch
10th February 2023

Stellenbosch, 9 February 2023; After almost six years of extensive planning, protracted pandemic delays and a stringent development approval process, the Newinbosch neighbourhood is ready to... 


An image showing Waterfall City
Waterfall City scoops international award for the fifth time
6th February 2023 By: Tasneem Bulbulia

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... 


Trident steel
Commission gives its approval for Trident Steel’s buyout of Aveng subsidiary
3rd February 2023 By: Darren Parker

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... 


Nomfundiso Matjila, acting GM of Integrity NDT Projects
Nomfundiso Matjila
3rd February 2023 By: Martin Zhuwakinyu

This week we profile Nomfundiso Matjila, acting GM of Integrity NDT Projects, a nondestructive testing company that specialises in various types of conventional and advanced nondestructive methods 


Iron-ore sparkle.
China’s reopening should underpin commodity demand acceleration – Barclays
13th January 2023 By: Martin Creamer

China’s reopening and ‘whatever it takes’ approach to the property sector are tectonic shifts that should underpin an acceleration in commodity demand through 2023, say Barclays Equity Research... 


Dragonfly Aerospace launches agriculture cube satellite
11th January 2023 By: Schalk Burger

Regulatory body the South African Council for Space Affairs (SACSA) congratulates Dragonfly Aerospace for its successful launch of the Earth observation satellite AgriSAT-1/ZA 008 from Cape... 


Get smarter image
Useful online short courses prove a hit, says GetSmarter
15th December 2022 By: Creamer Media Reporter

The true value of online education cannot be emphasised enough, with the platform enabling both teacher and student to set their own learning pace as well as boasting the flexibility to set a... 


L2D's head office
L2D head office gets 6-star Green Star interior rating
9th November 2022 By: Schalk Burger

JSE-listed real estate investment trust Liberty Two Degrees (L2D) has been awarded a 6-Star Green Star Interiors V1 As built rating from the Green Building Council South Africa (GBCSA) for its head... 


Grit reports strong rental collections, reduced LTV in financial results
31st October 2022 By: Schalk Burger

London-listed Grit Real Estate has reported a 3.5% year-on-year increase in net operating income from properties for the financial year ended June 30. Further, 92.8% of the value of its contracted... 


Calgro reports improved interim revenue, HEPS
17th October 2022 By: Darren Parker

JSE-listed property investment company Calgro M3, which specialises in the development of integrated residential developments and the development and management of memorial parks, has reported a... 


township
R300m SMME Crisis Partnership Fund to assist township businesses
5th October 2022 By: Darren Parker

To support small-, medium-sized and microenterprises (SMMEs) in Gauteng’s townships, the Gauteng Provincial Government (GPG), the Industrial Development Corporation (IDC) and the South African SME... 


Another “green” milestone for property developer and its supply chain
16th September 2022

Plastic waste that would otherwise end up on a landfill site is being used in building blocks for the construction of affordable houses in Breaking New Ground developments. Notably, some of this... 


CoJ re-establishes Property Release Programme
15th September 2022 By: Schalk Burger

The City of Johannesburg (CoJ) has announced the re-establishment of its Property Release Programme to release property to the private sector for mixed-use development across the city’s regions in... 


New mixed-use development set to unlock Shongweni’s potential
2nd September 2022 By: Natasha Odendaal

A new partnership among Tongaat Hulett, Fundamentum Property and the eThekwini Municipality aims to unlock the potential of Shongweni, in Durban’s outer-west region. The new catalytic project,... 


Photo of old mining shafts being used by illegal miners
Opinion: Beyond zama-zamas – new vision required for Gauteng mining belt
19th August 2022

In this article, project management, local government and property development advice and management services company Cadre Plan executive director and project lead on the Gauteng mining belt... 


Tongaat Hulett signs 99-year lease for 2 000 ha Shongweni land parcel
15th August 2022 By: Darren Parker

A 99-year lease in Shongweni, KwaZulu-Natal, has been announced between local development company Fundamentum Property Group and sugar producer Tongaat Hulett.  The transaction, which has been... 


Well-known female farmer and Fendt make for an IDEAL combination in the Sasolburg district
27th July 2022

When AGCO Africa launched the Fendt IDEAL range last year, well-known Sasolburg farmer Tharina Terblanche knew this was the combine harvester she had always been looking for. The range sets a new... 


Image of construction workers and equipment
Barlow Park Precinct redevelopment, South Africa – update
10th June 2022 By: Sheila Barradas

Bulk earthworks for the first phase of the project have started. 


You don’t need to know the exact nature of a crisis to plan for it
8th June 2022

DC Kemp, Chief Financial Officer, Atterbury In this uncertain world, there’s one thing we can know for sure; the future will surprise us, again and again. We may not know precisely what these... 


Developers break ground on mixed-use residential neighbourhood Barlow Park
2nd June 2022 By: Tasneem Bulbulia

Barlow Park is set to become Sandton’s new residential neighbourhood and will offer affordable housing. Bulk earthworks for the first phase of the R3-billion-project started in June, and will turn... 


Image of cemetry garden to show that Memorial Parks offering online with Sendoff app
Funeral planning now online
2nd June 2022

An innovative new funeral application (app) has been launched to digitise the process of arranging and managing funerals. JSE-listed integrated property development company Calgro M3, which owns... 


Calgro M3 signs exclusive agreement with Sendoff funeral app
24th May 2022 By: Schalk Burger

JSE-listed property development company Calgro M3 has signed an exclusive agreement with funeral application (app) developer Sendoff, which aims to digitise the experience of arranging and managing... 


Sustainability, affordable housing demand underpin Calgro M3’s strong full-year performance
16th May 2022 By: Schalk Burger

JSE-listed property development company Calgro M3 CEO Wikus Lategan attributes a 50.3% increase in group revenue to R1.32-billion for the financial year ended February 28, to demand for and sales... 


Grit reinforces plans to own majority stake in Gateway by acquiring controlling stake in APDM
11th April 2022 By: Darren Parker

LSE-listed real estate company Grit Real Estate Income Group has acquired a 77.95% controlling stake in Africa Property Development Managers (APDM), the asset manager of property development... 


Bell to shift ADT production to Germany as it introduces new products at KZN plant 
8th April 2022 By: Irma Venter

As part of a growth strategy long in the making, Bell Equipment will increasingly shift articulated dump truck (ADT) production from its Richards Bay plant, in KwaZulu-Natal, to the northern... 


Image of the Bell ADT
Bell to shift ADT production to Germany, introduce new products to KZN plant 
29th March 2022 By: Irma Venter

As part of a growth strategy long in the making, Bell Equipment will increasingly shift articulated dump truck (ADT) production from its Richards Bay plant, in KwaZulu-Natal, to the northern... 


Industrial sector demand for space increasing, tenants want more value, says Redefine
24th March 2022 By: Schalk Burger

While supply bottlenecks caused by Covid-19 lockdowns are easing and opening the door for commercial sector property growth, the market for industrial properties looks very different, raising the... 


KZN government enters into partnership with private sector to offer training to the youth
22nd March 2022 By: Yvonne Silaule

The KwaZulu-Natal provincial government has cemented a strategic partnership with the private sector to launch a training and skills development project that will prepare over 100 000 young people... 


Engineering firm hoping to help ‘rebuild South Africa’ through new energy projects
Engineering firm hoping to help ‘rebuild South Africa’ through new energy projects
14th March 2022 By: Simone Liedtke

Founded in 1998, engineering firm TerraStruc will soon set up shop on South African soil as part of its growth trajectory, which includes contracting capabilities and design, construction and... 


The largest luxury resort in EAST Africa is under construction - here's what to expect when it opens
3rd March 2022

A significant new luxury, mixed-use seaside resort development has been launched in Zanzibar which, when completed, will be the biggest of its kind in East Africa.  Blue Amber, which nestles along... 


A photo of the Cornubia mall with its rooftop solar plant
Investec Property to build solar rooftop PV plant at Cornubia Mall
1st March 2022 By: Schalk Burger

Property development company Investec Property will build a 5.25 MW rooftop solar photovoltaic (PV) plant at the Cornubia Mall, in Durban, to reduce the mall's reliance on the grid and ease the... 


Students return to campus, but is their accommodation still safe?
28th February 2022

The issue of fire-safety requirements for student accommodation is again being highlighted now that university students are slowly returning to campuses as Covid-19 restrictions are eased.... 


An artists depiction of what the Mamlodi Square Shopping Centre will look like once completed the project undertaken by McCormick Properties was awarded to Tri-Star Construction
Shopping centre development well under way
18th February 2022

Last month, Centurion-based construction company Tri-Star Construction announced it had been selected as the main contractor on the development of the Mamelodi Square Shopping Centre in Pretoria,... 


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