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Topic - Property Development
Apr 29, 2016
The project involves the construction of 15 000 residential units, an intermodal transport hub, a government precinct and a 30 000 m2 regional mall.
Apr 29, 2016
PARTNERSHIP DEAL Helen Botes and Neil Gopal shake hands at the announcement of the property development programme
State-owned company the Johannesburg Property Company (JPC) is partnering with the South African Property Owners Association (Sapoa) in a municipal property development project valued at R12-billion, which aims to enhance the use of municipal-owned land within the...
Apr 15, 2016
WATERFRONT Blue Rock Village is situated alongside the only lake in the Cape Town
The mixed-use Blue Rock Village, valued at R14-billion, is being developed by property development and management company Swisatec as an upgrade to the existing Blue Rock Resort, in Cape Town, incorporating various green aspects.
Apr 13, 2016
Developed by leading South African property developer and investor Atterbury, Southern Africa’s largest single-phase shopping centre development, Mall of Africa, is set to open on 28 April. This landmark new R5-billion, 130,000sqm super-regional mall is superbly...
Mar 29, 2016
Mark Pamensky was appointed to the Eskom board three months after joining the board of Gupta-owned Oakbay Resources and Energy, Eskom revealed on Tuesday. The Eskom website describes Pamensky as group operations officer of Blue Label Telecoms, which he isn’t, while...
Mar 29, 2016
Construction of a new R6.2-billion Gauteng housing project – the Leratong City integrated nodal development – is set to get under way in Leratong, Mogale City, in the West Rand, in June. Property developers McCormick Property Development, Calgro M3 and logistical...
Mar 18, 2016
NEARING COMPLETION The significant office development Q22 in Warsaw, forms part of the Polish portfolio and will comprise 53 000 m2 to 55 000 m2 office development space
Real estate investment trust Redefine Properties is significantly broadening its offshore footprint by exploring several opportunities and most notably the signing of a significant offshore property deal in Poland. “Given the attractive initial yield spread, and...
Mar 16, 2016
Arup appreciates that sustainability can be used to find better ways to resolve the challenges facing clients by using our technical expertise to deliver bold, sustainable solutions which consider the whole-life costs and make commercial sense. The firm increases its...
Mar 11, 2016
Mar 04, 2016
Mar 04, 2016
Mar 04, 2016
Mar 03, 2016
Despite Africa’s slowing growth on the back of global financial conditions, there are still economic opportunities for long-term sustainable investment in property and the broader built environment for investors with a savvy understanding of local economies on a...
Mar 01, 2016
Redefine chairperson Marc Wainer
Real estate investment trust (Reit) Redefine Properties is significantly broadening its offshore footprint through an initial 75% investment into a €1.2-billion (R21-billion) high-yielding commercial platform comprising 18 properties in the rapidly expanding and...
Feb 25, 2016
Construction on the R950 million Springs Mall at Blue Crane Eco Park development is well underway,  according to main contractors Giuricich Bros, with the 46,000m² regional shopping centre right on schedule to open before Easter 2017. The landmark mall located in...
Feb 18, 2016
Leading Gauteng-based retail property developers and investors, Flanagan & Gerard Property Development & Investment, today announced that co-founders Patrick Flanagan and Peter Gerard will jointly chair the group. A new exco has also been appointed as part of the...
Feb 18, 2016
Independent property development company Africa Rising on Thursday announced plans to inject R1.6-billion into development projects in the Umhlanga Ridge area, in KwaZulu-Natal. After spending 2015 amassing properties, the Durban-based firm planned to develop and...
Feb 15, 2016
SA Quantity Surveyors should broaden their scope of operations beyond our national borders, says Synergy Property Solutions, a relatively small quantity surveying and project management  company based in Port Elizabeth, which  has made major inroads into Africa and...
Feb 12, 2016
Atterbury will develop a R850 million industrial and business park on the prime site it has acquired in Gosforth Park, Germiston, in Ekurhuleni. A leading property investor and developer in South Africa and beyond, Atterbury has designed the ready-to-develop park to...
Feb 09, 2016
Iconic new urban development, Melrose Arch, has become the new home of some of South Africa’s top legal minds. International law firm Eversheds has relocated its offices to the well-positioned precinct. Surrounded by world-class hotels, luxury apartments and the best...
Feb 04, 2016
A new 148-room City Lodge Hotel has opened at Newtown Junction - Atterbury Property Developments’ ground-breaking R1.4 billion mixed-use development in the Joburg CBD. The three-star hotel is the latest addition to the award-winning 85,000m² Newtown Junction...
Feb 02, 2016
JSE-listed Attacq has appointed Pete Mackenzie as head of development, effective January 1, in a new position aimed at driving the capital growth property fund’s strategic focus on development. Mackenzie, with over 25 years' experience in the property construction,...
Feb 02, 2016
Attacq, the pioneering JSE-listed capital growth property fund, has appointed accomplished property professional Pete Mackenzie as Head of Development, effective from 1 January 2016. This new position highlights Attacq’s strategic focus on development and will grow...
Jan 26, 2016
Jan 18, 2016
The University of Cape Town’s (UCT’s) Department of Construction Economics and Management has partnered with Nedbank Corporate and Investment Banking (NCIB) to form the UCT-Nedbank Urban Real Estate Research Unit under the directorship of associate professor Francois...
Dec 03, 2015
Giuricich Bros Construction – a leading South African independent and family owned construction firm – has increased its presence in the retail development sector by securing the lucrative building contracts for the new 45,000m² Springs Mall at Blue Crane Eco Park...
Nov 25, 2015
JSE-listed Vukile Property Fund’s distributions for the six months ended September 30, increased by 7%, in line with guidance.   Vukile boosted its distributable income by 27.7% year-on-year to R426.3-million and grew like-for-like net property revenue by 6.1%.   CEO...
Nov 25, 2015
Vukile Property Fund today reported 7% growth in distributions per share for its half year to 30 September 2015, delivering results in line with its market guidance. Its solid set of results show strong operational performance and an increased retail property focus....
Nov 13, 2015
CROSS-PLATFORM APPLICATION Onsite Control Systems in October launched a mobile app version of its OnSiteIMS online collaboration platform, which is now available for iOS, Android and Windows 10 devices
Pre-build, construction phase and post-build collaboration solutions provider Onsite Control Systems (OCS) in October launched a cross-platform mobile application (app) version of its OnSiteIMS online collaboration platform, which is now available for iOS, Android...
Nov 10, 2015
The Department of Trade and Industry has invited the public to submit comments on the draft Amended Broad Based Black Economic Empowerment (BBBEE) Property Sector Code, aimed at reversing the legacy of the Native Land Act, 27 of 1913, and subsequent discriminatory...
Oct 23, 2015
Self-storage company Stor-Age in July announced the development of its flagship storage complex in Sunninghill, Gauteng.
Oct 19, 2015
Marking the first new office park development in the Parktown node in over ten years, property development company Abland is building a R700-million, 35 000 m2 A-grade office park in the area.   The company expected that the Hill on Empire development, which was...
Oct 19, 2015
Abland is developing the 35,000sqm A-grade office park development in Parktown called Hill on Empire. This is the first new office park development to be constructed in this Johannesburg node in more than 10 years. The development is strategically positioned in...
Oct 01, 2015
The African property development industry is rich in new developments, pressured successes and epic challenges. Lessons can be learnt by examining these projects, their strengths and weaknesses, their management strategies, and the reasons for their success or...
Sep 25, 2015
Nedbank Corporate and Investment Banking (NCIB) has concluded an estimated R1.14-billion loan facility to finance a joint venture (JV) between Durban-based commercial property development company Collins and construction and infrastructure company Aveng.
Sep 25, 2015
The Coega Development Corporation says it is confident that investment momentum within the Coega industrial development zone can generate R4.7-billion for the regional economy.
Sep 22, 2015
There is no slowdown in the development of Sectional Title developments. The demand for reasonably priced accommodation is what the Stenostelma complex in Annlin, Pretoria offers potential buyers. The close proximity to central Pretoria, Wonderboom Nature Reserve and...
Sep 22, 2015
THE Coega Development Corporation says it is confident that, with logistics, agro-processing, chemical and energy sectors its main growth drivers over the past 18 months, investment momentum within the Coega Industrial Development Zone can generate R4,7-billion for...
Sep 18, 2015
Aveng has concluded the sale of the majority of its South African properties to Imbali Props 21 Proprietary, a commercial property development and investment company within the Collins Property Group, for R1.127-billion. In terms of the transaction, Aveng disposed of...
Sep 16, 2015
Privately owned property development company Amdec Group is developing a R1.2-billion mixed-use property at the gateway to Cape Town’s waterfront. Known as The Yacht Club, the development would comprise residential, hotel and office space, adjacent to the V&A...
Sep 16, 2015
The Amdec Group today announced that it will develop The Yacht Club, a unique R1,2 billion mixed-use landmark at the magnificent gateway to Cape Town’s Waterfront. This prestigious development will comprise residential, hotel, and office space, making it an ideal...
Sep 04, 2015
Driving the Gauteng Department of Economic Development’s (DED’s) mandate of township revitalisation, MEC for Economic Development, Environment, Agriculture and Rural Development Lebogang Maile reported on Friday that the department had provided financial support to...
Sep 03, 2015
Aveng has concluded the sale of the majority of its South African properties to Imbali Props 21 Proprietary, a commercial property development and investment company within the Collins Property Group, for R1.127-billion. In terms of the transaction, Aveng disposed of...
Jul 30, 2015
South African property developer Atterbury has widened its European footprint, by investing in a €200-million retail portfolio in Cyprus, which comprised two key retail assets on the island nation. The 27 000 m2 Mall of Cyprus, which formed part of the landmark 55...
Jul 17, 2015
The affordable housing market is showing strong performance in East Africa driven by a growing housing gap as urbanisation gains strength in the region.  Housing demand remains high across East Africa and it is forecast that housing roll-outs will increase in the...
Jul 17, 2015
Further luxury residential accommodation has been brought to market in mixed-use property development Melrose Arch, Johannesburg, Gauteng, to keep up with the demand for residential space that is being experience within the precinct, said real estate agency Pam...
Jul 14, 2015
DIALOGUES OVER THE YEARS Over the past three years of Dialogues, role players and stakeholders have faced many hurdles in the race to develop South Africa’s infrastructure. Some have cleared these hurdles and others have not. Going forward, achieving a better...
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