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Institutional investor Mergence Investment Managers, through its Infrastructure and Development Equity Fund, has acquired a controlling equity stake in a portion of affordable rental housing group,...
The Lanseria smart city initiative, announced by President Cyril Ramaphosa in his 2020 State of the Nation Address, has steadily been gaining momentum over the past two years, despite setbacks...
The Department of Public Works and Infrastructure (DPWI) has approved the free-of-charge release of four parcels of land for human settlements developments and accommodation for households that...
The first five months of the year have seen a “remarkable improvement” in the value of buildings completed in the metros and larger municipalities, with the category for additions and alterations...
Tower 1 at Cape Town’s new Harbour Arch mixed-use precinct has topped out on the twenty-third floor, 95 m above ground – 30 months after breaking ground in January, 2020. “Reaching the highest...
The office sector is still under pressure, with the recovery thereof being wholly dependent on good economic growth, JSE-listed Emira Property Fund COO Ulana van Biljon said on August 17. Until...
The proposed Gautrain expansion project was harshly criticised as a vanity project, a white elephant and a waste of government finances by members of the Gauteng Legislature’s Portfolio Committee...
JSE-listed real estate investment trust Growthpoint Properties is piloting a 4.5 MW battery system at Paarl Mall, in the Western Cape, for continuous, cost-efficient power supply, which will be...
Networking and information and communications technology multinational Cisco has moved its South Africa offices into The Ingress, which is situated in the mixed-use development Waterfall City, says...
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...
Transnet Property, a division of Transnet, has reached an agreement with the Department of Human Settlements with regard to housing displaced people at the Montclair Lodge, in Durban. Transnet...
JSE-listed retail-focused real estate investment trust (Reit) Resilient has declared a dividend of 234.05c apiece for the six months ended June 30, an increase of 3.5% compared with the dividend of...
Stellenbosch-based Agile Business Technology (ABT) has partnered with US group OpenSpace to launch its 360° capture and artificial intelligence (AI) platform for construction projects in South...
The benefit of rope access for routine industrial inspection work was again demonstrated when leading rope access specialist Skyriders Access Specialists successfully completed a project for...
Commercial and residential property developer ICD Property has received approval to build a 183-m-tall, 55 level residential high-rise tower in central Auckland, New Zealand, which will reshape the...
The final construction phase of the new Gqeberha Boardwalk Mall is nearing completion and is poised to open on September 22. This follows the opening of the mall’s first phase in March, which...
Estate agent Dogon Group has confirmed that demolition is under way ahead of the start of construction of Africa’s first-ever biophilic development, in Cape Town. The Fynbos building, as it will...
The local property sector was subjected to a forced slowdown, owing to the Covid-19 pandemic, consequently resulting in tension within the industrial property space as industrial tenants that...
While the South African retail sector is showing signs of recovery, factors such as fuel costs, inflation and a change in consumer habits throughout the pandemic have led to consumers’ frequenting...
While the initial construction cost of concrete parking is slightly higher, compared to asphalt parking, the maintenance costs of the former, for commercial and industrial properties, are minimal,...
While logistics real estate continues to do well and the office market is slowly improving, the operating environment for real estate owners and occupiers remains constrained. This is further...
The office market continues to struggle, with an oversupply of space, especially in premium nodes, resulting in office development being “at a standstill” as developers diversify into the...
JSE-listed Emira Property Fund has relaunched its Springfield Retail Centre, in Durban, KwaZulu-Natal, after the centre was damaged by arson in the widespread looting and vandalism that took place...
The South African Property Owners Association (Sapoa) has launched a High Court application against the City of Joburg (CoJ) to interdict it from implementing the 2021 Development Contributions...
Toyota South Africa Motors (TSAM) officially showcased to guests its expanded 80 000 m2 parts distribution centre, in Boksburg, last month. The centre is now the largest of its kind in the southern...
JSE-listed real estate investment trust (Reit) Liberty Two Degrees (L2D) said on August 1 that it sees continued positive momentum reinforced by a strong balance sheet. It reported an interim...
State-owned Transnet’s Property division has issued two requests for information to assess the availability of potential property developers, investors, funders and financiers to jointly redevelop...
JSE-listed Vukile Property Fund has expanded its significant investment in South African township, rural and commuter shopping centres with its agreement to acquire the landmark Pan Africa Shopping...
In a global first, 84 Harrington Street is the world’s tallest building being constructed using hempcrete blocks and hemp building materials, says the partnership between two Cape Town-based...
The Department of Public Works and Infrastructure (DPWI) is taking a strong stance to control expenses and obtain the greatest efficiencies out of the properties it leases for government...
Property developer Abland and its partners are well into developing the new S&J industrial estate, on the south eastern corridor of Johannesburg, which might become one of the first...
The Department of Public Works and Infrastructure (DPWI) – supported by the National Treasury’s Government Technical Advisory Centre’s (GTAC) transactional adviser – will publish a request for...
Residential and commercial property management company City Property Administration says its upgrade of retailer Shoprite’s building in the Tshwane central business district indicates renewed...
Automotive components and trims manufacturer YFPO’s new 25 000 m2 manufacturing facility in Rosslyn, Tshwane, will be finished by May next year, Rosslyn Hub Development Company director Brendan...
JSE-listed logistics property fund Equites has concluded a R190-million transaction to sell six logistics warehouses, in Cape Town, to broad-based black economic empowerment (BBBEE) investor...
JSE-listed industrial minerals, commodities and construction material openpit mining company Afrimat has released the findings of the Afrimat Construction Index (ACI) for the first quarter of the...
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