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Waterfall precinct rebrands as Waterfall City
19th October 2022

The Waterfall precinct in Midrand, home to multiple new smart developments in the residential, commercial and logistics sectors, has officially been rebranded as Waterfall City. 


Photo of a building owned by Emira
Emira completes energy performance certification for 31 buildings
18th October 2022 By: Schalk Burger

JSE-listed real estate investment trust Emira Property Fund has completed the certification of 31 of its buildings to become compliant with new Energy Performance Certificate (EPC) regulations... 


Calgro reports improved interim revenue, HEPS
17th October 2022 By: Darren Parker

JSE-listed property investment company Calgro M3, which specialises in the development of integrated residential developments and the development and management of memorial parks, has reported a... 


Image of road construction
MBA North warns against unethical contractual practices
14th October 2022 By: Irma Venter

The Master Builders Association (MBA) North has issued a practice note for its members aimed at helping them fight back against what it calls unethical contractual practices that have become... 


Cover Image
Harbour Arch’s live-work-play concept includes refreshing affordable component
14th October 2022 By: Irma Venter

The first phase of the Melrose Arch mixed-use development opened in Johannesburg in 2001, more than 20 years ago. Since then, the concept of a city-within-a-city has gained traction, with the idea... 


Coega opens Customs Control Area warehouse for short-term rental
13th October 2022 By: Schalk Burger

Industrial development zone company the Coega Development Corporation (CDC) has announced that its Customs Control Area (CCA) Warehouse is open for short-term rental. The Trade Facilitation Unit... 


River Club developers warn of immense losses if project delayed over court cases
12th October 2022 By: News24Wire

The developers of the River Club site in Cape Town, which will include Amazon as a tenant, argue that what they are constructing and planning will protect the heritage of First Nations people, not... 


Famous Brands acquires additional Gauteng properties as it plans expansion
11th October 2022 By: Schalk Burger

JSE-listed food services franchisor Famous Brands has entered into an agreement to acquire the entire share capital of and claims against Steers Properties and the entire share capital of and... 


Tribunal gives Emira’s acquisition of Transcend the go-ahead
7th October 2022 By: Darren Parker

The Competition Tribunal has unconditionally approved JSE-listed real estate investment trust Emira Property Fund’s proposed buyout of Transcend Residential Property. Upon the implementation of the... 


Image of the proposed new Truworths distribution centre in Cape Town
Atterbury, Truworths sign deal for new Cape Town distribution centre 
7th October 2022 By: Irma Venter

The Atterbury group and Truworths have inked a deal for the creation of a new distribution centre in Cape Town. The clothing retailer’s new facility will be built in King Air Industria, which is an... 


Artists rendering of one of the new Lefika Villas units to be built by Sun International
Sun International breaks ground on new Sun City development
7th October 2022 By: Natasha Odendaal

Sun International has broken ground on its latest development: the R295-million expansion of its Sun Vacation Club (SVC) – one of South Africa’s leading timeshare models – at the group’s iconic Sun... 


Attacq achieves level 1 BBBEE rating
6th October 2022 By: Tasneem Bulbulia

JSE-listed real estate investment trust Attacq has achieved a Level 1 contributor status towards broad-based black economic empowerment (BBBEE) for the first time in its history. According to South... 


Equites’ strong interim performance underpinned by logistics portfolio
5th October 2022 By: Tasneem Bulbulia

JSE-listed Equites Property Fund achieved a 4.1% year-on-year increase in its interim distribution a share to 81.58c for the period to August 31, while its net asset value (NAV) per share was also... 


Waterfall city
Waterfall precinct rebranded as Waterfall City
3rd October 2022 By: Darren Parker

The renowned 2 200-ha Waterfall precinct in Midrand, Gauteng, has officially been rebranded as Waterfall City. Waterfall Management Company CEO Willie Vos told Engineering News on a tour of the... 


Hyprop swings back to a profit of R1.3bn
30th September 2022 By: Darren Parker

Specialist shopping centre real estate investment trust (Reit) Hyprop reported a net profit of about R1.3-billion for the financial year ended June 30, compared with a loss of R837-million incurred... 


Ecommerce reshaping logistics industry, facilities
28th September 2022 By: Schalk Burger

The factors contributing to growth in logistics facilities are primarily centred around ecommerce, as smaller companies continue adopting ecommerce and delivery in addition to larger companies and,... 


Broll CEO Malcolm Horne receives Africa Property lifetime achievement award
23rd September 2022 By: Schalk Burger

Commercial property company Broll Property Group CEO Malcolm Horne received the Lifetime Achievement Award at the Africa Property Investment (API) Awards for his two decades of dedication to the... 


Sandvik Image
Sandvik launches Khomanani facility
21st September 2022

Global mining and mineral processing equipment manufacturer Sandvik’s new high-tech head office facility, workshop and manufacturing complex was officially opened by President Cyril Ramaphosa on... 


IFC supports Redefine's maiden green bond
20th September 2022 By: Schalk Burger

Development finance institution the International Finance Corporation (IFC) is the anchor investor of real estate investment trust Redefine Properties' green bond, which aims to promote... 


Stor-Age to list on A2X Markets
20th September 2022 By: Creamer Media Reporter

Specialist self-storage real estate investment trust (Reit) Stor-Age Property has been approved for a secondary listing on A2X Markets. Its shares will be available for trade on A2X from September... 


Balwin GHG emissions reduction targets approved by STBi
16th September 2022 By: Schalk Burger

JSE-listed property developer Balwin Properties has had its greenhouse-gas (GHG) emissions reduction targets approved by global body the Science Based Targets initiative (SBTi) as being consistent... 


CoJ re-establishes Property Release Programme
15th September 2022 By: Schalk Burger

The City of Johannesburg (CoJ) has announced the re-establishment of its Property Release Programme to release property to the private sector for mixed-use development across the city’s regions in... 


An image of Growthpoint Properties CEO Norbert Sasse
Growthpoint delivers solid performance off strong V&A recovery
14th September 2022 By: Tasneem Bulbulia

JSE-listed Growthpoint Properties’ dividend per share increased by 8.4% to 128.4c for the year ended June 30, compared with 118.5c for the 2021 financial year. “We are steadily optimising our South... 


An image of Attacq CEO Jackie van Niekerk and CFO Raj Nana
Attacq resumes dividend payouts, as its ‘hubs’ strategy pays off
13th September 2022 By: Donna Slater

JSE-listed real estate investment trust Attacq achieved a 34.2% year-on-year increase in distributable income to 62.8c for the financial year ended June 30 and has resumed dividend payouts at 50c a... 


Flanagan & Gerard shopping centres see 12% growth in June
12th September 2022 By: Schalk Burger

Property company Flanagan & Gerard Property Group's shopping centres saw growth in revenue in June of 12% year-on-year, despite South African retail sales having declined by 2% during the month,... 


Building activity boosted by office conversions – economist
9th September 2022 By: Irma Venter

The first five months of the year saw a “remarkable improvement” in the value of buildings completed in the metros and larger municipalities, with the category for additions and alterations coming... 


Tower 1 at Cape Town’s R16bn Harbour Arch development reaches its highest point
9th September 2022 By: Irma Venter

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... 


MAS to list on A2X
7th September 2022 By: Creamer Media Reporter

Real estate investment company MAS has been approved for a secondary listing on A2X Markets (A2X), with its shares to be available for trade on A2X from September 14. MAS, with a market cap of... 


A photo of Toyota's Prospecton vehicle assembly plant
SA economy shrank in second quarter, hit by KZN floods, load-shedding
6th September 2022 By: News24Wire

South Africa’s economy shrank by 0.7% in the second quarter of 2022, Statistics SA said on Tuesday. This is slightly better than expected. The median expectation among economists polled by a... 


Large-scale YFPO plant gets underway
Large-scale YFPO plant gets underway
1st September 2022

A massive new manufacturing plant is being built in Rosslyn, Tshwane, to service the local car manufacturing industry in the area. Darren Parker tells us more. 


An image of the Jeppestown social housing
De Lille inspects Jeppestown social housing development
30th August 2022 By: Donna Slater

Public Works and Infrastructure Minister Patricia de Lille, in her role as Presidential Infrastructure Coordinating Commission secretariat, conducted an oversight visit to Unity House – a social... 


Public Works targeting the release of 162 000 ha of land for human settlements, redistribution in 2022/23
29th August 2022 By: Schalk Burger

Public Works and Infrastructure Minister Patricia de Lille has provided an update to the Inter-Ministerial Committee for Land Reform on the land released to date in the sixth administration for... 


An image showing the exterior of Live Easy's Rivonia building
Mergence Investment Managers invests in affordable rental housing project
26th August 2022 By: Tasneem Bulbulia

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,... 


Magazine image
New Gauteng urban hub seeks to strike inclusivity, tech-savvy balance
26th August 2022 By: Darren Parker

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... 


KZN Floods
DPWI approves four eThekwini land parcels to resettle flood victims
22nd August 2022 By: Donna Slater

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... 


Graph of buildings completed in first five months of 2022 in South Africa
Building activity boosted by office conversions – economist
19th August 2022 By: Irma Venter

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... 


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