The Airports Company South Africa (ACSA) has officially kick-started the construction of its largest facility to date, the R2bn new Central Terminal Building (CTB) project at Johannesburg International Airport (JIA).
THE proposed takeover bid of Spearhead by listed property loan stock company Redefine Income Fund is also set to benefit Redefine’s asset managers, Madison Property Fund Managers.
Construction on Cape Town’s first 100% empowerment development, the R390 million residential, commercial and retail lifestyle centre, Icon, is moving apace, with 750 workers currently on site. Photos just taken by Project Mana...
THERE will be several international speakers at the real estate investment trust (Reit) conference to be hosted by the Property Loan Stock Association at the Sandton Convention Ce...
OPPORTUNITIES for residential redevelopment and letting of office space are increasing in Johannesburg city centre as more B- and C-grade office space comes to the market....
The fact that the listed property sector showed satisfying returns during 2005 and with Redefine having spawned a remarkable return of over 90%, owning the property one works on appears to be an attractive prospect.
ApexHi Properties Limited has concluded leasing deals valued at R1-billion, covering a total of 460,000m² of space, in the twelve months to end June 2006.
Retail investors invested two billion rand more in unit trusts during the second quarter, which indicates that the average investor's obsession with retail property as an investment is starting to wane in line with slowing to ...
The Competition Tribunal has unconditionally approved the merger between Sun International (SUI) and Real Africa Holdings (RAH), the Tribunal said in a statement.
Cape Town - The consolidation of the listed property sector continues with Gauteng property group Redefine making a R1.12bn offer for Cape-based property group Spearhead.
The Airports Company of South Africa(Acsa) has reviewed the infrastructure and service requirements that the 2010 Soccer World Cup will place on smaller airports and was satisfied that these airports would be prepared but ther...
LISTED property company Orion Real Estate, formerly Alpina Investments, plans to increase its property portfolio from about R400m to about R1bn within the next 18 months.
As of the first of July, Woodstock formally became one of the City of Cape Town’s improvement districts (CIDs) and already several high-profile companies have set up premises in the suburb – likely to boost both the commercial...
Investors are expected to turn increasingly from residential to commercial property as house prices continue to soften and the long-awaited recovery in the office and industrial letting markets gathers pace.
Direct Channel Cape, a call centre operation started in 2005 by three former Telkom managers, has grown from 10 to 120 employees in just eight months – and is set to grow to 400 pe...
Gensec Property Services and the Arabian Services Group (ASG), have signed a partnership agreement, with Gensec holding a 45% share and three director seats. ASG holds the majority 50% with two director seats, while the remain...
The Mandela Bay Development Agency (MBDA) will hold a property investment conference next month, as part of an initiative to breathe new life into the city.
The programme address will be made by Mr Alec Erwin, minister ...
FROM being the long-standing star sector just three months ago, listed property has taken a massive knock since interest rates were raised a few weeks ago. But while listed property unit trusts have fallen sharply down the per...
THE South African Listed Property Index recorded a negative total return of -19% for the quarter ending June on the back of a price slump in listed property stocks.
A prime 2000sqm piece of vacant land in sought after Sandton Drive in Johannesburg has been sold by Pam Golding Commercial (PGC) for R5.25 million. The property was purchased for the development of a commercial building, says ...
WITH rising interest in sectional-title office and industrial schemes, investors and owner-occupiers must realise that these developments can hold the same pitfalls as their resid...
Cape Town - Property analysts said yesterday that they expected demand for retail trading spaces to remain relatively strong but added that the rate of growth in the sector could slow.
Cape Town - JD Group, South Africa's largest furniture retailer, said it had entered "unchartered territory" as the country's lengthy consumer boom continued.
Despite all the excitement initially generated in the Port Elizabeth market by the Coega deep water harbour development, not much is being said now about the returns buy-to-let property investors have made - or not made yet.
IN LATE May this year, the mayors of Gauteng’s 15 municipalities gave their support to a proposal that has been championed by Gauteng Premier Mbhazima Shilowa since 2004 — to build the province into a globally competitive city...
With research showing that much of Soweto's disposable income is spent outside the area, developers and retailers are ploughing investments into vibrant shopping malls catering for residents' every want. By Ndaba Dlamini <...
The Airports Company SA (Acsa) plans to spend R94m on upgrading Durban International Airport this year, even though the process is going full throttle to have King Shaka International ready by 2010 on a site about 30km away. <...
SAPOA (SA Property Owners Association) and IPD have signed an agreement to bring a new level of property research to all sectors of the industry. Neil Gopal, SAPOA CEO says, “We are living in a rapidly changing social and econ...
Leasehold agreements regarding property are common in countries where land is limited, such as Europe and Asia, but are becoming more popular in South Africa, particularly where state or city-owned land is concerned. By Glenda...
While some retailers report sales slowing down as South Africa’s consumer boom decelerates, sales at The Crazy Store are still going strong and have even accelerated recently as consumers from all in...
WITH the phenomenal growth experienced in the listed property sector over the past six years, there is likely to be diversification, with new types of property funds c...
PORT Elizabeth, which has been somewhat left behind by the property development boom in SA, aims to jump on the bandwagon with 1039ha of prime state-owned land up for ...
A R20 million upgrade is under way at the five buildings in Old Mutual’s Menlyn Office Park across the road from the Menlyn Park Shopping Centre, Pretoria.
IS THE party over for listed property in terms of capital growth? That is the question on investors’ lips as the sector continues to shed value on the back of interest rate jitter...
Kaizer Chiefs literally covered new ground while launching the R680 million Amakhosi Stadium project at a sod turning ceremony in Mogale City (Krugersdorp) this week.
Property loan stock company Vukile plans to focus on the further growth and enhancement of its R3.5 billion property portfolio in the coming year, chairman Anton Botha and chief executive Gerhard van Zyl say in the 2006 annual...
