THE traditional shopping centre model is being turned on its head, according to indicators emerging from research covering 2-million square metres of retail space across SA.
Creative, niche, differentiated store types now seem preferre...
DESPITE the fact that retail sales growth has moderated to some degree, private investors continue to demonstrate a steady appetite for commercial property acquisitions in this sector of the market, says Norman Raad, CEO of Broll Auctions and Sales.
CAPITAL & Regional, a specialist owner of UK-based community shopping centres, has been granted permission to take up a secondary listing on the JSE, exposing South African investors to a property portfolio worth about £1bn (R21bn).
MASTER Drilling — a company specialising in raise bore drilling — is working on technologies that could change the way underground workers operate, boosting productivity and lowering costs at a difficult time.
SHOPPING centres delivered better returns for commercial real estate investors in the first half of the year than offices and industrial buildings, in spite of ongoing pressure on consumer spending, noted MSCI’s Inve...
THE High Street Auction Company’s property auction in Hyde Park on Wednesday will offer properties in Gauteng and KwaZulu-Natal including a 62-unit residential block in Pietermaritzburg; 13 stands in Kungwini Country Estate, Bronkhorstspruit Dam...
DELAYS in opening new outlets in Zambia and Tanzania this year will not hold back Botswana’s largest grocer Choppies from achieving its 2016 growth target of operating 200 stores across sub-Saharan Africa.
CAPITAL growth player Attacq’s much-talked-about Mall of Africa, at 131,000m² the largest single-phase shopping centre yet to be built from scratch in SA, is more than 90% let and on track to open its doors at Waterfall City in Midrand in Apr...
Mauritius-based property investment group Atlantic Leaf Properties said on Tuesday it had raised R373.9 million (GBP17.4 million) following private placement with Vukile Property Fund.
Through the Vukile placement and the supplementary p...
JSE-listed Lodestone Reit, which is part of the Resilient Property Income Fund stable of companies, announced on Tuesday it had acquired Yarona Shopping Centre from Delta Property Fund for R80 million.
TATE-run Airports Company SA (Acsa) is finalising a deal to advise the operator of Ghana’s main airport on the construction of a new international terminal, possibly with funding from the Development Bank of Southern Africa.
Growth in construction activity remained weak in the third quarter of 2015‚ with the slowdown likely to deepen for the rest of 2015 and into 2016 if the demand for new construction work remains poor.
Total income for SA’s tourist accommodation industry (which includes restaurant‚ bar sales and “other†income) rose 8.1% year on year (y/y) in nominal terms (current prices) in July 2015 compared with July 2014‚ Statistic...
Due to increased concern that the UK property market, particularly London and the south-east, has been used by foreigners to launder money, the British government has announced that the Land Registry will shortly publish the full list of 10 000 titles ...
The Minister of Public Works published a notice in the Government Gazette on May 29 2015 calling for the public to comment on the proposed amendments to the regulations published under the Construction Industry Development Board Act 2000 (CIDB Act).
Putprop, the separately listed former property investment company of bus operator Putco, announced on Friday it was considering to delist from the JSE.
It is envisaged that the delisting will be implemented through the repurchase and ca...
The real value of recorded building plans passed (at constant 2010 prices) increased by 8.4% during January to July 2015‚ data released by Stats SA on Thursday showed.
Increases were recorded for residential buildings (10.8% or R2...
UNCERTAINTY over industry policy and labour stability will not deter German car maker BMW from further investment in SA, says global group marketing head Ian Robertson.
CAPE TOWN — Gaming company Sun International yesterday confirmed clearing the last obstacle in its bid to relocate its struggling Morula casino licence to a more vibrant entertainment centre at Menlyn in Tshwane.
CAPE TOWN — Nasdaq-listed hotel operator Marriott International will be opening two new branded Marriott properties — a hotel and an executive apartment complex — in Johannesburg’s Melrose A...
Hotel and casino operator Sun International said on Tuesday the last remaining objection relating to the proposed relocation of its Morula casino licence had been withdrawn.
This comes after the Goldrush Group, which has bingo operation...
AN initiative to upgrade Port Elizabeth’s notorious Sanlam building where Steve Biko was tortured by then-security police in 1977 would begin today, mayor Danny Jordaan said at the weekend.
Property group MAS Real Estate’s (MSP) restated basic and diluted earnings per share for the interim period to end December 2014 amounted to 6.74 euro cents‚ the group said on Monday.
A’s largest listed real estate investment trust, Growthpoint Properties, is expected to launch a joint venture in its first foray into the rest of Africa before the end of this year.
