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Property

Emira COO Ulana van Biljon
Office leasing sector still struggling, industrial demand growing – Emira
17th August 2022 By: Darren Parker

The office sector is still under pressure, with the recovery thereof being wholly dependent on good economic growth, JSE-listed Emira Property Fund COO Ulana van Biljon said on August 17. Until... 


gautrain
Proposed Gautrain expansion faces heavy resistance by committee
17th August 2022 By: Darren Parker

The proposed Gautrain expansion project was harshly criticised as a vanity project, a white elephant and a waste of government finances by members of the Gauteng Legislature’s Portfolio Committee... 


A photo of the Paarl Mall
Growthpoint invests R50m in solar-charged battery system for the Paarl Mall
16th August 2022 By: Schalk Burger

JSE-listed real estate investment trust Growthpoint Properties is piloting a 4.5 MW battery system at Paarl Mall, in the Western Cape, for continuous, cost-efficient power supply, which will be... 


Cisco moves into The Ingress at Waterfall City
16th August 2022 By: Schalk Burger

Networking and information and communications technology multinational Cisco has moved its South Africa offices into The Ingress, which is situated in the mixed-use development Waterfall City, says... 


Tongaat Hulett signs 99-year lease for 2 000 ha Shongweni land parcel
15th August 2022 By: Darren Parker

A 99-year lease in Shongweni, KwaZulu-Natal, has been announced between local development company Fundamentum Property Group and sugar producer Tongaat Hulett.  The transaction, which has been... 


Transnet Property, dept reach agreement on housing displaced community members
15th August 2022 By: Tasneem Bulbulia

Transnet Property, a division of Transnet, has reached an agreement with the Department of Human Settlements with regard to housing displaced people at the Montclair Lodge, in Durban. Transnet... 


Resilient achieves solid interim performance
12th August 2022 By: Tasneem Bulbulia

JSE-listed retail-focused real estate investment trust (Reit) Resilient has declared a dividend of 234.05c apiece for the six months ended June 30, an increase of 3.5% compared with the dividend of... 


OpenSpace launches ‘Google Street View’ for construction projects
12th August 2022 By: Irma Venter

Stellenbosch-based Agile Business Technology (ABT) has partnered with US group OpenSpace to launch its 360° capture and artificial intelligence (AI) platform for construction projects in South... 


Specialists complete inspection project
12th August 2022

The benefit of rope access for routine industrial inspection work was again demonstrated when leading rope access specialist Skyriders Access Specialists successfully completed a project for... 


ICD Property gets approval for 183 m high-rise tower in New Zealand
11th August 2022 By: Schalk Burger

Commercial and residential property developer ICD Property has received approval to build a 183-m-tall, 55 level residential high-rise tower in central Auckland, New Zealand, which will reshape the... 


Gqerberha Boardwalk Mall set to open final phase on September 22
11th August 2022 By: Marleny Arnoldi

The final construction phase of the new Gqeberha Boardwalk Mall is nearing completion and is poised to open on September 22. This follows the opening of the mall’s first phase in March, which... 


The Fynbos building in Cape Town
Construction of Africa’s first biophilic building under way in Cape Town
11th August 2022 By: Marleny Arnoldi

Estate agent Dogon Group has confirmed that demolition is under way ahead of the start of construction of Africa’s first-ever biophilic development, in Cape Town. The Fynbos building, as it will... 


An image of a warehouse
Industrial property faces expansion hurdles
5th August 2022 By: Nadine Ramdass

The local property sector was subjected to a forced slowdown, owing to the Covid-19 pandemic, consequently resulting in tension within the industrial property space as industrial tenants that... 


An image of a store window with a clothes on displa
Strip malls preferred post pandemic
5th August 2022 By: Nadine Ramdass

While the South African retail sector is showing signs of recovery, factors such as fuel costs, inflation and a change in consumer habits throughout the pandemic have led to consumers’ frequenting... 


An image of Cement & Concrete SA CEO Bryan Perrie
Concrete parking lots offer numerous benefits
5th August 2022 By: Nadine Ramdass

While the initial construction cost of concrete parking is slightly higher, compared to asphalt parking, the maintenance costs of the former, for commercial and industrial properties, are minimal,... 


An image of a warehouse
Sector pursues recovery amid various challenges
5th August 2022 By: Nadine Ramdass

While logistics real estate continues to do well and the office market is slowly improving, the operating environment for real estate owners and occupiers remains constrained. This is further... 


AN image of servers
Vacant office spaces halt development
5th August 2022 By: Nadine Ramdass

The office market continues to struggle, with an oversupply of space, especially in premium nodes, resulting in office development being “at a standstill” as developers diversify into the... 


Springfield Retail Centre
Springfield Retail Centre relaunched after arson damage
4th August 2022 By: Darren Parker

JSE-listed Emira Property Fund has relaunched its Springfield Retail Centre, in Durban, KwaZulu-Natal, after the centre was damaged by arson in the widespread looting and vandalism that took place... 


Association to interdict Joburg from applying 2021 Development Contributions Policy
3rd August 2022 By: Schalk Burger

The South African Property Owners Association (Sapoa) has launched a High Court application against the City of Joburg (CoJ) to interdict it from implementing the 2021 Development Contributions... 


Toyota shows off expanded distribution centre in Boksburg image
Toyota shows off expanded distribution centre in Boksburg
3rd August 2022

Toyota South Africa Motors (TSAM) officially showcased to guests its expanded 80 000 m2 parts distribution centre, in Boksburg, last month. The centre is now the largest of its kind in the southern... 


L2D reports strong recovery in retail, 11% increase in interim distributions
1st August 2022 By: Schalk Burger

JSE-listed real estate investment trust (Reit) Liberty Two Degrees (L2D) said on August 1 that it sees continued positive momentum reinforced by a strong balance sheet. It reported an interim... 


The Carlton Centre
Transnet calls for proposals to redevelop 1 Adderley street, Carlton Centre
1st August 2022 By: Schalk Burger

State-owned Transnet’s Property division has issued two requests for information to assess the availability of potential property developers, investors, funders and financiers to jointly redevelop... 


An image showing the outside of the Pan Africa Shopping Centre, in Alexandra, Gauteng
Vukile acquires Pan Africa Shopping Centre
29th July 2022 By: Tasneem Bulbulia

JSE-listed Vukile Property Fund has expanded its significant investment in South African township, rural and commuter shopping centres with its agreement to acquire the landmark Pan Africa Shopping... 


Afrimat, Hemporium building world’s tallest hemp-product building 
29th July 2022 By: Irma Venter

In a global first, 84 Harrington Street is the world’s tallest building being constructed using hempcrete blocks and hemp building materials, says the partnership between two Cape Town-based... 


DPWI pursues aggressive cost savings on leases
28th July 2022 By: Natasha Odendaal

The Department of Public Works and Infrastructure (DPWI) is taking a strong stance to control expenses and obtain the greatest efficiencies out of the properties it leases for government... 


RER Image
S&J industrial estate development aims to be greener
27th July 2022

Property developer Abland and its partners are well into developing the new S&J industrial estate, on the south eastern corridor of Johannesburg, which might become one of the first... 


Public Works and Infrastructure Minister Patricia De Lille
DPWI to publish RFP for iREREP in the coming week
27th July 2022 By: Darren Parker

The Department of Public Works and Infrastructure (DPWI) – supported by the National Treasury’s Government Technical Advisory Centre’s (GTAC) transactional adviser – will publish a request for... 


Shoprite building upgrade rendering
Tshwane inner city building to get an upgrade
27th July 2022 By: Darren Parker

Residential and commercial property management company City Property Administration says its upgrade of retailer Shoprite’s building in the Tshwane central business district indicates renewed... 


Stakeholders at sod turning ceremony
YFPO plant in Rosslyn to be completed by May 2023
26th July 2022 By: Darren Parker

Automotive components and trims manufacturer YFPO’s new 25 000 m2 manufacturing facility in Rosslyn, Tshwane, will be finished by May next year, Rosslyn Hub Development Company director Brendan... 


Equites concludes R190m transaction with empowered investor consortium
21st July 2022 By: Schalk Burger

JSE-listed logistics property fund Equites has concluded a R190-million transaction to sell six logistics warehouses, in Cape Town, to broad-based black economic empowerment (BBBEE) investor... 


Afrimat Construction Index shows consolidation of recovery trend in first quarter
15th July 2022 By: Irma Venter

JSE-listed industrial minerals, commodities and construction material openpit mining company Afrimat has released the findings of the Afrimat Construction Index (ACI) for the first quarter of the... 


Emira proposes Transcend buyout to prevent shareholding dilution, value loss
14th July 2022 By: Donna Slater

JSE-listed Emira Property Fund has proposed a general offer to real estate investment trust (Reit) Transcend Residential Property Fund shareholders to acquire all the shares in Transcend that it... 


IFC, Alleyroads partner to develop affordable residential housing in South Africa
13th July 2022 By: Tasneem Bulbulia

To improve access to affordable, sustainable residential housing in South Africa, World Bank Group member the International Finance Corporation (IFC) has announced an investment to support South... 


Image of a construction worker's hand
Renewable energy may boost Africa’s construction sector in tough 2022 – report
12th July 2022 By: Irma Venter

Turner & Townsend has released its International Construction Market Survey (ICMS) for 2022. The company is an independent professional services entity operating in the global real estate,... 


Mauritius office development receives 5-star green star rating
6th July 2022 By: Schalk Burger

The Precinct office development in Grand Baie, Mauritius, developed by real estate development company Gateway Real Estate Africa (GREA) has been awarded a 5-Star Green certified rating by industry... 


Image of 84 Harrison street building in Cape Town
Afrimat, Hemporium build world’s tallest hemp-product building 
4th July 2022 By: Irma Venter

In a global first, 84 Harrington Street is the world’s tallest building being constructed using hempcrete blocks and hemp building materials, says the partnership between two Cape Town-based... 


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Sector News

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Goodwin Submersible Pumps Africa (Pty) Ltd
Goodwin Submersible Pumps Africa (Pty) Ltd

Goodwin Submersible Pumps Africa is sole distributors for Goodwin electrically driven, submersible, abrasion resistance slurry pumps.

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Booyco Electronics
Booyco Electronics

Booyco Electronics, South African pioneer of Proximity Detection Systems, offers safety solutions for underground and surface mining, quarrying,...

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Immersive Technologies
Immersive Technologies

Immersive Technologies is the world's largest, proven and tested supplier of simulator training solutions to the global resources industry.

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Weir Minerals Africa and Middle East
Weir Minerals Africa and Middle East

Weir Minerals Europe, Middle East and Africa is a global supplier of excellent minerals solutions, including pumps, valves, hydrocyclones,...

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