While statistics reveal that retail sales growth has slowed - to an annual 1,5% in October 2007, the lowest in almost five years – shopping centre owners and developers continue to bank on the South African consumer's steadfast desire to spend.
Eastern Cape Premier Nosimo Balindlela will on Thursday officially open the multi-million Rand Mdantsane Shopping Centre, the second largest mall in the entire province.
Balindlela and Billion Group chairman Sisa Ngebulana will be joined by tho...
Worldwide urban populations are expected to double within 10 to 15 years, presenting threats and opportunities, city planners said at the recent Planning Africa conference.
Urban planners from 26 Commonwealth countries met in Sandton to debate...
Pretoria residents living adjacent to the Gautrain route should not be concerned about the level of noise as construction on the Gautrain intensifies in the area.
In a statement issued on Wednesday, Bombela Concession said residents of Pretori...
The strategically sited SA Nylon Spinners site at Bellville Industria, which is made up of two land parcels (one of 1 hectare and one of 2,7 hectares), will be redeveloped.
The plan is to redevelop the site for a single tenant or multiple tena...
The performance gap between commercial and residential property has widened significantly, latest data about the various sectors of South Africa's property market shows.
While investors were still spinning profits of close to 30% last year on ...
Lonrho Plc, the conglomerate with a structured portfolio of African investments, has announced that it has signed an agreement with Enditrade Logistica Integrada Sarl to establish a $9m new logistics centre and bonded dry port in Luanda, Angola
Octodec Investments Limited has announced a distribution of 61.6 cents per linked unit for its six-month interim period to 29 February 2008, representing a growth in interim distributions of a noteworthy 14.1%
JSE-listed property loan stock Premium Properties Limited has reported a total distribution for the year to investors of 84,5 cents per linked unit, some 16.6% higher than that paid for its previous financial year.
Emira Property Fund has recently replaced 650 million rand of bank-sourced debt with funds raised in the debt capital market, thereby bringing down its cost of borrowings significantly, it said on Thursday.
Property development company Acc-Ross Holdings said last week it had entered into an agreement to acquire Pinnacle Point Holdings for R1.5-billion.
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The R500 million landmark offices located at premier address and flagship corporate head office of its owner, leading JSE-listed property holding and investment company, Growthpoint Properties Limited, brings to the fore current development opportunities ...
Public works wants to reserve part of R100bn portfolio for all-black groups
SA’s biggest property owner and user, the national department of public works, is drawing fire over a controversial plan to favour 100% black-owned property companies.
APEXHI Properties will spend R1bn between now and next year to refurbish its properties.
MD David Rice said on Friday the refurbishment would enable the group to improve its tenant mix at its retail centres, an objective ApexHihad been con...
Capitalisation rates — the property equivalent of the forward earnings yield of shares — have remained put despite a deteriorating inflation and interest rate outlook.
This is according to the latest Rode's Report on the South ...
A property management firm has expanded its areas of property management in the Western Cape through the recent securing of two new property management contracts in Camps Bay and Beaufort West.
Spire Properties secured the property management ...
A Cape based company that manufactures wooden windows and doors has signed a five-year lease and moved into 3,000sq m of space at an industrial park being developed in the Paarl area.
Daryl Sher, development manager for this project, said that,...
This year's 40th Annual SAPOA Convention aims to pull no punches when it comes to the thorny issues facing property in SA today and a series of panel discussions has been scheduled for the Convention in May to tackle those hard questions
The City of Cape Town is in the process of ramping up its ability to deal with the number of old and derelict buildings that are holding up economic development in the City.
Mayoral Committee Member for Planning and Environment, Marian Nieuwoud...
Emira Property Fund has recently replaced 650 million rand of bank-sourced debt with funds raised in the debt capital market, thereby bringing down its cost of borrowings significantly, it said on Thursday.