THE average small investor looking to invest in the South African listed property sector is receiving distorted information from the FTSE/JSE South African Listed Property Index (SAPY), say listed prop...
LISTED property group Orion Real Estate will have more than R500m under management from 50 properties following the transfer of investments from the Gmeiner private portfolio, reflecting sound growth i...
SOUTH African developers appear to be strongly confident about office property market fundamentals, with close to 60% of new office developments in decentralised nodes undertaken on a speculative basis...
Jun 27, 2007: How Low Can Yields Go?
The South African listed property sector, which recently surpassed the R100bn market capitalisation threshold for the first time, could again double in size over the next two years, as the much talked about foreign investment flow into local real estate s...
A consortium of local businesspeople on Tuesday won a multimillion-rand tender to buy and develop a beachfront property and then pledged to purge itself of all political connections.
The newly formed Nepad Development Consortium consists mainl...
A multi-million rand Khoisan cultural centre with a rock art museum, bar and restaurant and conference facilities able to house 600 delegates, is on the cards for the scenic Horseshoe Valley near Cambridge.
David Day, who owns a 20-hectare pro...
Jun 26, 2007: Sa Corp. Funds R1bn Via Equities
SA Corporate Real Estate Fund said today it would fund the R1 billion Buffcol portfolio of 40 primarily industrial properties, from the Collins Property Group through an earnings-enhancing issue of 244 180 780 units at a clean price of 395 cents a unit. <...
Jun 26, 2007: Planners Urge More Unity In Joburg International and local urban planners have spoken about the "fragmented" nature of Johannesburg, calling for more cohesion between its northern and southern suburbs. By Ndaba Dlamini
Joburg still has a long way to g...
Jun 26, 2007: Highly Sought-after Sa Game Lodge
An international consortium has acquired a private game lodge in Limpopo for development, situated in 'big five' country; the malaria free Waterberg area outside Vaalwater is a two hour drive on provincial roads and an hour's flying time from Johannesburg...
The residential ‘pull’ of the Northern Suburbs is one of the factors bringing commercial occupancy rates in these areas way above those in Cape Town’s CBD as employers wise-up to the fact that ‘commuting time’ is money
JSE-listed property fund Orion Real Estate Limited will own some 50 properties valued in excess of R500 million, including properties currently being transferred from the Gmeiner private portfolio.
Listed property has traditionally been compared to t...
Jun 25, 2007: Sa Company Scoops R9bn Island Deal
Cape Town-based property development company Pinnacle Point Holdings Pty Ltd (PPH) is to build the world's most exclusive golf and casino complex on an island that will rise from the Indian Ocean. This project, to begin in February 2008 - with a value of ...
Jun 25, 2007: Two Sa Bridges Get Concrete Awards
Two innovative South African pedestrian bridges are among the projects that have been awarded the 2007 Fulton Awards for outstanding use of concrete in their constructions. The Mkomaas River pedestrian bridge in Sisonke in KwaZulu-Natal achieved the ...
Jun 25, 2007: Africa: A New Property Market?
Kara Michaels investigates what it's like to do business in Africa, and hears what Kelly Clinton, general manager of ABSA Specialised Property Equity, and Dale Ramsden, Development director for Actis Africa Real Estate Fund, have to say on the matter.
Transnet CEO Maria Ramos is likely to make a killing from the sale of the Carlton Centre, as she did recently by selling the V&A Waterfront for R7,3bn.
The department of public enterprises has given the transport parastatal the go-ahead to...
Alcan and the government have agreed that only 5,5% of the 720000 tons of aluminium to be produced by Alcan’s planned R21bn smelter at Coega in Eastern Cape will be earmarked for use in the domestic market
This is despite the h...
Jun 25, 2007: Retail confidence bounces back
Retail confidence had bounced back to its record high of last year’s fourth quarter, spurred by solid sales of consumer goods, which would place the Reserve Bank under pressure to increase rates, according to the Bureau for Economic Research (BER)
SA Corporate Real Estate Fund (SAC) said it will fund the R1 billion Buffcol portfolio of 40 primarily industrial properties from...
Jun 21, 2007: Artificial beach for East London?
Louis Roodt, a city planner from Buffalo City Municipality, described the Marina Glen development as "the catalyst" to many of the concepts envisioned being realised.
"This is because developers all want to see something happen b...
Coessa Holdings, the Athlone-based company most widely known for the most spectacular addition to the skyline of the City of Cape Town's C...
Jun 21, 2007: Classy R200m upgrade for Alberton City
PARTNERS Liberty Group Properties and Growthpoint Properties will invest R200m in Alberton City Shopping Centre to create another 10000m² of retail space to meet growing consumer demand in the key southeast Johannesburg market.
WITH the interest rate environment uncertain and further rate hikes expected, listed property companies have fixed the interest rates on portions of their debt to mitigate this risk.
THE traditionally white male property industry is gradually changing to reflect the country’s demographics, judging from the number of black buyers at South African property auctions.
Although the long-term good prospects for listed property may still be intact, the rich returns offered by the sector makes it especially vulnerable i...
Jun 04, 2007: Dubai snaps up Cape golf estate
Dubai’s Leisurecorp has followed up its $1bn purchase of the Cape Town Waterfront by buying the Pearl Valley Signature golf estate on the Cape Winelands.
Pearl Valley is a 170ha Jack-Nicklaus-designed course. Leisurecorp intends to add a...
