- Home
- Latest News
- Sector News
- Back
- Agriculture
- Automotive
- Chemicals
- Construction
- Defence & Aerospace
- Economy
- Electricity
- Energy
- Environmental
- Manufacturing
- Back
- Manufacturing Home
- Capital Equipment
- Chemicals & Pharmaceuticals
- Clothing & Textiles
- Food & Beverage
- Foundries, Forges & Die-Casting
- Furniture & Wood products
- Hydraulics
- Industrial Filters & Filtration
- Instrumentation & Control
- Manufacturing
- Metals & Engineering
- Paper, Plastics, Packaging, Printing
- Pipes & Tubes
- Pumps
- Rubber
- Valves
- Welding & Cutting
- Metals
- Mining
- Renewable Energy
- Services
- Technology & Communications
- Trade
- Transport & Logistics
- Water
- Magazine
- Back
- This Week
- Back Copies
- Cartoon
- Business Leader
- Editorial Insight
- Company Profiles
- Photo of the Week
- Features Library
- Back
- Features Library Home
- Aerospace
- Africa Energy Indaba
- African Utility Week
- Agricultural Engineering
- Air, Gas, Fumes and Dust Control
- Airport Services & Development
- Aluminium
- Automation and Computerisation
- Automotive Components
- Automotive Industry
- bauma CONEXPO AFRICA
- Bearings and Bushes
- Biofuels
- Boilers and Burners
- Brewery and Winery
- Business Conferences and Exhibitions
- Business in Africa
- Business in KwaZulu-Natal
- Business in the Western Cape
- Cables and Accessories
- Capital Equipment in Construction
- Cement and Concrete
- Chemicals and Petrochemicals
- Civil Engineering and Construction
- Climate Change
- Commercial and Industrial Property
- Compressors, Air Motors and Vacuum Pumps
- Concrete Manufacturers Association
- Construction
- Constructional Engineering Association (CEA)
- Construction Materials and Equipment
- Consulting Engineers
- Corporate Profiles
- Corrosion Control, Coatings and Tribology
- Courier and Freight Services
- Defence
- Drones
- Education and Training
- Electrical Power Generation and Transmission
- Electrification and Distribution
- Energy Efficiency and Management
- Engineering Education
- Environmental Protection
- Eskom
- Factory Automation
- Fasteners
- Fire Prevention and Protection
- Fleet Management (TruckX Conference)
- Flooring Industry Training Association
- Flooring, Screening and Handrailing
- Food and Beverages
- Foundries, Forges and Die-Casting
- Furnaces, Kilns, Ovens and Dryers
- Gas
- Gas-to-Power
- Generators and Standby Power
- Glass Manufacturing
- Green Building and Industries
- Green Industries
- Hand-Held and Power Tools
- Harbour and Offshore Services
- Harbour Infrastructure and Dredging
- Health and Safety
- Heating & Refrigeration
- Heavy Lifting and Abnormal Loads
- Hydraulics and Pneumatics
- Industrial and Commercial Lighting
- Industrial Cleaning and Shutdown
- Industrial Filters and Filtration
- Industrial Financing
- Infrastructure & Services
- Instrumentation and Control
- Italy-South Africa Partnership
- Labour Relations
- Laser Technology
- Lifts, Escalators and Passenger Conveyors
- Locomotives, Railway Trucks and Wagons
- Machine Tools
- Maintenance and Refurbishment
- Manufacturing
- Materials-Handling and Logistics
- Medical and Pharmaceutical Engineering
- Motors, Drives and Mechanical Power Transmission
- Nampo
- Noise, Vibration and NDT
- Nuclear Energy
- Oil Refineries
- Oils and Lubricants
- Packaging, Labelling and Barcoding
- Paper, Pulp and Board
- Plastics, Packaging & Printing
- Pipes, Tubes and Hoses
- Power & Electricity World Africa
- Power-Gen Africa
- Project Management
- Public Transport and Infrastructure
- Pumps
- Rail Transport and Infrastructure
- Roads
- Rubber
- SA Capital Equipment Export Council (SACEEC)
- SA Institute of Materials Handling
- SAISC
- Sasol – Chemicals & Retail Fuel
- Sassda
- Seals, Gaskets and Sealing Mechanisms
- Security Technology for Business
- Sewage and Effluent
- SEZ, IDZ & Agri Parks
- Small Business and Supplier Development
- Solar Energy
- South Africa Germany Partnership
- South Africa-China Partnership
- Southern African Institute of Welding
- Stainless Steel
- Steel
- Steel Construction and Cladding
- Sugar Growers, Millers and Refiners
- Temperature, Pressure and Process Control
- Testing, Inspection & Certification Services
- The Concrete Conference
- The NAACAM Show Preview
- Top Projects
- Truck, Trailer, Bus and Bakkie
- Vessels, Heat Exchangers, Tanks and Containers
- Valves
- Warehousing and Storage
- Waste Management and Recycling
- Water Engineering and Infrastructure
- Water Week
- Water Treatment, Purification and Desalination
- Welding and Cutting
- Wind Energy
- Wire, Rope, Sling and Chain
- Work Apparel
- Working at Height
- Supplements
- Video Reports
- Research
- Press Office
- Back
- All Companies
- AECOM
- AfriSam
- Arup
- ASP Fire
- AT Kearney
- Atlas Copco
- Barloworld Logistics
- Bearings International
- Constructional Engineering Association
- DEHN Africa
- Ecic
- ELB
- Engen
- Fasken
- Goscor Group
- Hilti
- Hogan Lovells
- Huawei
- IFAT Africa
- ISG
- Juwi
- NCPC (National Cleaner Production Centre)
- Powermite
- Pragma
- Pyrotec Packmark
- Resolve Solution Partners
- SACEEC
- Seifsa
- Siemens
- SKF Group
- Skyriders
- SMS group
- SRK Consulting
- SSG Consulting
- Syspro
- thyssenkrupp
- Universal Storage
- Weir Minerals Africa
- Westcon-Comstor
- WSP
- Announcements
- Login
- Columnists
- What's On
- fdt AFRICA
- Jobs
- Topics
- Tenders
- Apps
- Supplier's Directory
- About Us
- Legal Notice
- Comment Guidelines
- Letters
- Marketing Videos
Note: Search is limited to the most recent 250 articles. To access earlier articles, click Advanced Search and set an earlier date range.
To search for a term containing the '&' symbol, click Advanced Search and use the 'search headings' and/or 'in first paragraph' options.
Sponsored by
- Sectors
- Agriculture
- Automotive
- Chemicals
- Construction
- Defence & Aerospace
- Economy
- Electricity
- Energy
- Environmental
- Manufacturing
- Metals
- Mining
- Renewable Energy
- Services
- Technology & Communications
- Trade
- Transport & Logistics
- Water
Property News
Growthpoint to become the first property company to list on A2X
By: Creamer Media Reporter 11th July 2018 Real estate investment trust Growthpoint Properties will be the first property company to take up a secondary listing on A2X – a licensed stock exchange that provides a secondary listing venue for companies. The company, which manages a portfolio of commercial, retail and industrial property... →
Egypt wants $500m from World Bank
By: African News Agency 11th July 2018 Egypt’s Ministry of Investment and International Cooperation has held discussions with the World Bank for an additional $500-million loan for the country’s social housing projects targeting low-income households, according to an official ministry statement. The discussions were held on Tuesday... →
Growthpoint Properties Australia outperforms major share market indexes
By: Marleny Arnoldi 10th July 2018 Growthpoint Properties subsidiary Growthpoint Properties Australia’s (GOZ’s) total returns have outpaced the major Australian real estate investment trust and share market indexes. →

Vantage Capital invests $10m on property in Mauritius
By: African News Agency 9th July 2018 Fund managers Vantage Capital has provided $10-million of mezzanine funding to Cap Tamarin, a mixed-used, residentally-focused smart village located on the sought-after west coast of Mauritius. Cap Tamarin will feature innovation centres to support start-ups, small and medium enterprises and... →
Growthpoint launches new trading, development business unit
By: Simone Liedtke 3rd July 2018 International property company Growthpoint Properties has formed a dedicated trading and development business unit. This new specialised division, the company explained on Tuesday, will play a key role in creating “excellent business opportunities for the company and world-class premises for its... →

More than R650m budgeted to prepare Gauteng land for expropriation

By: Anine Kilian 2nd July 2018 The Department of Human Settlements has budgeted more than R650-million to prepare identified portions of land in Gauteng for expropriation without compensation. Human Settlements MEC Dikgang Uhuru Moiloa said on Monday that the province’s rapid land release programme, launched in May, would... →
Group Five relocates in effort to cut costs, secures early work on PPP
By: Irma Venter 2nd July 2018 Cash-strapped construction firm Group Five has relocated its offices as part of an effort to cut costs. The JSE-listed group said on Monday that its South African construction operations had been relocated to Spartan, on the East Rand, to owner-occupied premises. →

Offshore property investment a big opportunity for South African Reits
By: Nadine James 29th June 2018 The global sell-off in emerging markets, an intractably weak domestic economy, an oversupply of business space and a focus on the quality of earnings are all set to be major drivers of South Africa’s real estate investment trust (Reit) sector in the second half of this year, the SA Reit... →
EPP on solid growth path with strong Q1 operational performance
By: Anine Kilian 25th June 2018 JSE-listed Polish property company EPP successfully bought the first tranche of the M1 portfolio, comprising four properties in sought after regions, adding 194 000 m² in gross lettable area (GLA) and taking total income producing assets to over €2-billion in the quarter ended March 31. The M1... →
100 Resilient Cities appoints Dana Omran as MD for Africa
By: Marleny Arnoldi 25th June 2018 Dana Omran has been appointed Africa MD for the Rockefeller Foundation’s 100 Resilient Cities (100RC) programme. →
Western Cape govt identifies 7 possible affordable housing sites
By: News24Wire 21st June 2018 At least seven vacant plots have been identified as "possible sites for social and affordable housing" in Cape Town's southern suburbs, including Parkwood, Lotus River and Retreat. The announcement was made by Thando Mguli, head of the Western Cape Department of Human Settlements, GroundUp... →
‘Prudent’ consolidation positions Accelerate for future growth – COO
By: Nadine James 20th June 2018 JSE-listed Accelerate Property Fund on Wednesday posted stable financial results for the year ended March 31, reporting a 57.56c a share distribution, in line with guidance. Since listing on the JSE in December 2013, the company’s portfolio has grown from about R5-billion to R12.3-billion,... →
Attacq appoints new CEO, CFO
By: Simone Liedtke 19th June 2018 JSE-listed Attacq has appointed Melt Hamman CEO and Raj Nana CFO and executive director, with immediate effect. “After a rigorous process we are delighted to permanently appoint Melt as the CEO. Melt has provided the team with clear direction and guidance as interim CEO and has a strong history... →
Atterbury signs first tenant for Randport industrial development
By: Anine Kilian 19th June 2018 Contact lens manufacturer CooperVision will become the first tenant at JSE-listed Atterbury’s R850-million Randport industrial development, in Gosforth Park, Germiston, Ekurhuleni. →
Basil Read enters business rescue
By: Irma Venter 15th June 2018 Basil Read on Friday announced that it has entered voluntary business rescue, as provided for by Section 129 of the Companies Act. Shares in the construction group plummeted 94% in afternoon trade, from a high of 22c to a low of 1c. →

Attacq continues to develop Waterfall City
By: Anine Kilian 13th June 2018 Construction and development of JSE-listed Attacq’s Waterfall City is ongoing, with new infrastructure including roads, residential properties and warehouses continuously in the pipeline. During a tour of the Waterfall City precinct on Wednesday, head of development Giles Pendleton said the last... →

Growthpoint Healthcare launches with R2.4bn portfolio
By: Nadine James 13th June 2018 Growthpoint Properties has launched South Africa’s first unlisted healthcare real estate investment trust (Reit), Growthpoint Healthcare Property Holdings, which already holds five assets valued at R2.4-billion. The introduction of Growthpoint Healthcare has received strong market interest with... →

Exemplar lists on JSE main board
By: Simone Liedtke 12th June 2018 Despite volatility in the current market, real estate investment trust (Reit) Exemplar REITail on Tuesday listed in the retail Reit sector of the main board of the JSE. Exemplar MD Jason McCormick on Tuesday said the listing will allow the company to stand alongside the “giants of commerce and... →

(Left-to-Right) JSE Capital Markets Director Donna Nemer, Exemplar MD Jason McCormick and Exemplar Executive Director John McCormick
Stor-Age reports continued strong trading results for FY18
By: Marleny Arnoldi 12th June 2018 Real estate investment trust Stor-Age has reported an 11.1% year-on-year total dividend increase to 97.8c a share for the year ended March 31. →

Demand rising for funding for grid-tied renewables
By: Schalk Burger 8th June 2018 Financing to build renewable-energy systems for use by businesses in South Africa is growing, with many projects showing good financial viability and return on investment, says financial institution Absa renewable-energy head Justin Schmidt. The return on investment for well-designed energy... →

Basil Read enters new avenue with Savanna City residential development
By: Simone Liedtke 7th June 2018 As part of its turnaround strategy, construction group Basil Read on Thursday launched Basil Read Homes with the first of its 44 residential units on a land parcel at Savanna City, south of Johannesburg, which will, upon completion, boast about 18 399 integrated housing units. “This launch is a... →

City of Cape Town to spend R2.1bn on housing 
By: African News Agency 7th June 2018 The City of Cape Town on Thursday said its Transport and Urban Development Authority (TDA) will spend R2.1-billion on the development of new housing opportunities. This comes after the TDA budget for the next financial year, starting on 1 July 2018, was set at R5.34-billion. →
Property sector increasingly embracing solar PV plants
By: Marleny Arnoldi 1st June 2018 JSE-listed real estate investment trust South African Corporate Real Estate (Sacre) will invest more than R30-million to install rooftop solar photovoltaic (PV) plants to help curb ever-rising electricity tariffs at its malls and reduce their carbon footprint. →

Gauteng govt to release unused land and properties in July
By: Donald Makhafola 1st June 2018 The Gauteng provincial government completed an assets register last year and is expecting to release its property portfolio to the value of R31-billion in July. The portfolio consists of unused land and buildings, Gauteng Infrastructure Development MEC Jacob Mamabolo told construction... →

Nxesi launches expedited lease renewal process
By: Simone Liedtke 31st May 2018 Public Works Minister Thulas Nxesi on Thursday held a meeting with client departments, private landlords and other stakeholders to expedite finding a resolution to expired leases and the signing of long-term leases, including the so-called “9.11 leases” that are valid for nine years and eleven... →

Public Works Minister Thulas Nxesi
Attacq disputes claims of illegal water connections at Waterfall
By: Anine Kilian 31st May 2018 JSE-listed Attacq has refuted allegations by the City of Johannesburg (CoJ) regarding illegal water connections at some of the properties under its management in Waterfall City. The property development company said in statement on Thursday that it was in possession of all paperwork and invoicing... →
Milestone year for Vukile as it delivers 7.7% FY18 distribution growth
By: Simone Liedtke 30th May 2018 Property management company Vukile Property Fund achieved 7.7% growth in dividends to 168.82c a share for the full year ended March 31 on the back of a higher second-half distribution growth of 7.9%. As its international investment grows, Vukile aims to hedge 75% of its dividend flow from... →

Vukile Property Fund CEO Laurence Rapp
Exemplar to list on the JSE in June
By: Anine Kilian 30th May 2018 Exemplar Retail has been granted approval to list in the retail real estate investment trust sector on the main board of the JSE, effective June 12. The company said in a statement on Wednesday that it intends to grow its property portfolio through the acquisition of high-quality assets... →
Echo Polska acquires Polish shopping centre, changes name
By: Simone Liedtke 29th May 2018 Netherlands-based Echo Polska Properties (EPP) has, through its subsidiary EPP Development 7, acquired the King Cross Marcelin shopping centre, in Poznan, Poland, for €91.1-million. The acquisition is in line with the company’s strategy to expand its presence in Polish regional cities. →
Patel to reopen Cape Town Iron and Steel Works plant 
By: Marleny Arnoldi 29th May 2018 Economic Development Minister Ebrahim Patel will on Wednesday officially reopen the Cape Town Iron and Steel Works plant (Cisco), in Kuils River, in the Western Cape. →

Arrowhead vacancies improve despite challenging economic environment
By: Anine Kilian 23rd May 2018 South African focused real estate investment trust Arrowhead achieved a strong operating performance in the six months ended March 31, despite macroeconomic challenges. Speaking to Engineering News Online COO Riaz Kader on Wednesday said that although the company was operating in a very... →
Dipula reports solid H1 financial results, expects FY dividend growth
By: Marleny Arnoldi 21st May 2018 Real estate investment trust (Reit) Dipula Income Fund achieved an 11.5% year-on-year increase in distributable earnings to R216.4-million for the six months to February 28. →
Texton says concludes deal on acquisition of a portfolio of logistics properties
By: African News Agency 21st May 2018 Property investment fund Texton said on Monday it had concluded agreements with Equites Property Fund and various wholly-owned subsidiaries for the acquisition of a portfolio of logistics properties for an aggregate purchase consideration of R205.3-million. Texton said the acquisition was... →
Liberty Two Degrees to convert to Reit, acquires further assets
By: Marleny Arnoldi 18th May 2018 Liberty Two Degrees, a property portfolio established by financial services and holdings company Liberty Group, on Friday announced its intention to convert to a corporate real estate investment trust (Reit) and list on the JSE as a new company (NewCo). →
Construction starts on mixed-use precinct, Barloworld Logistics HQ in Irene
By: Marleny Arnoldi 17th May 2018 Property developers Abland, Giflo Develoments and SOM have started work on a new mixed-use precinct called Irene Boulevard, in the south of Pretoria. This site will become the new four-star rated green headquarters of industrial company Barloworld Logistics, which will be vacating its offices in... →

Technical construction used to change historical building to modern art museum 
17th May 2018 The Zeitz Museum of Contemporary Art Africa, built inside of the old grain silo at the V&A Waterfront, in Cape Town, required specialist concretes and technical formwork to realise the vision of the architect Thomas Heatherwick. Schalk Burger has the details. Also making headlines, South African... →
R3bn Rosslyn Hub to create 160 000 jobs
By: Nadine James 16th May 2018 The R3-billion mixed-use Rosslyn Hub development was launched at the African Smart Cities Summit, co-located with the African Construction and Totally Concrete Expo, at the Gallagher Convention Centre, in Johannesburg, on Wednesday. The Rosslyn Hub is a crucial step towards the creation of the... →
Latest News
Latest Videos
Company Announcements
Topics In These Articles
About
Engineering News is a product of Creamer Media.
www.creamermedia.co.za
Other Creamer Media Products include:
Mining WeeklyResearch Channel Africa
Polity
About
Newsletters
Subscriptions
We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.
Subscriptions are available via the Creamer Media Store.
View storeSubscriptions
Advertise
Advertising on Engineering News is an effective way to build and consolidate a company's profile among clients and prospective clients. Email advertising@creamermedia.co.za
View options