R/€ = 14.46 Change: -0.03
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Au 1349.54 $/oz Change: -10.93
Pt 1010.00 $/oz Change: -1.11


Liberty House makes binding offer for Rio Tinto's French aluminium smelter

By: Reuters     10th January 2018 Liberty House, the industrial arm of British steel tycoon Sanjeev Gupta's GFG Alliance, said on Wednesday it had made a binding offer for miner Rio Tinto's, aluminium smelter in Dunkerque, France, the largest in Europe. The group did not disclose an offer price but said the move was part of a... 

EPP closes the first tranche of the M1 portfolio acquisition

By: Anine Kilian     9th January 2018 Property development company Echo Polska Properties (EPP) has closed the €358.7-million first tranche of its acquisition of the Poland-based M1 portfolio. The company in December announced that it would acquire the portfolio, which comprises 12 shopping centres and retail parks, for €692-million. 

Off-grid solar set to boom in Africa

     9th January 2018 The role of off-grid and mini-grid in rural electrification in Africa, will be a key discussion session during the 10th Africa Energy Indaba Conference on 20-21st February 2018 at the Sandton Convention Centre in Johannesburg, South Africa, supporting the immense growth potential of solar. Solar... 

Business park to be redeveloped as mixed-use precinct – Atterbury

By: Schalk Burger     7th December 2017 Earthmoving equipment and logistics multinational Barloworld has partnered with property development firm Atterbury and investment finance house African Rainbow Capital – as co-investors – to redevelop the Sandton-based Barlow Park Campus into a 130 000 m2 mixed-use precinct. The property is... 

Paragon celebrates 20 years of design excellence

     7th December 2017 Leading architecture, interior design, and space-planning practice Paragon of Sandton, Johannesburg celebrates 20 years of design excellence this year. The company was established in October 1997 by Founding Directors Anthony Orelowitz and Henning Rasmuss. Since then, Paragon has grown into one... 

South Zambezi delivers Engineering services: for Africa by Africans 

By: Tracy Hancock     1st December 2017 South Zambezi corporate director Sikanyisiwe Phiri and Makoko Makgonye discuss its role in developing Africa 

Crookes Brothers profits down on lower sugar cane revenue

By: African News Agency      29th November 2017 Agricultural firm Crookes Brothers said on Wednesday its after-tax profit decreased by 70.5% to R26.4 million in the six months ended September 2017, driven down by a decline in sugar cane revenue in the aftermath of drought. Crookes however said it expected results for the full year to March... 

Construction sector growth moves South

     29th November 2017 The latest statistics released on the value of recorded building plans passed for the private sector in South Africa may indicate an economic shift to the south of the country, says Bert van den Heever, past president of the Association of South African Quantity Surveyors (ASAQS). Building plans... 

New Diepsloot mall opened to address access to community-specific retail requirements

By: Dylan Slater     23rd November 2017 A new 18 000 m² single-level semi-enclosed shopping mall in Diepsloot West, Gauteng, opened to the public on Thursday. 

Concor Buildings Secures Phase 1 Of Oxford Parks

     21st November 2017 Concor Buildings has secured the contract for the construction of Phase 1 of Oxford Parks. Situated at 199 Oxford Road, the entire Phase 1 and Phase 2 of this prestigious project will comprise four buildings totalling approximately 34,000 m2 and will include the new Johannesburg head office for... 

Telkom appoints CEO of property management unit

By: Megan van Wyngaardt     9th November 2017 Telecommunications group Telkom has appointed Lesiba Maloba as CEO of its property management business unit, Gyro Group, from November 13. Gyro was established on April 1 to unlock value by commercialising the Telkom property portfolio, extracting value from excess building capacity and... 

IREM, SAIBPP and Wits partner to raise profile of South African property managers

     8th November 2017 The Institute of Real Estate Management’s (IREM) Certified Property Management (CPM) designation is being introduced to South Africa to raise the profile of local real-estate managers. This initiative is being driven by the South African Institute of Black Property Practitioners (SAIBPP) and the... 

Nandi Malindi becomes an Institute of Real Estate Management Certified Property Manager

     8th November 2017 Nandi Malindi, a Dijalo Property Group investment analyst, recently became an Institute of Real Estate Management (IREM) Certified Property Manager (CPM). Malindi also holds a National Diploma in Real Estate and completed a Postgraduate Programme in Property Valuations and Management from the... 

Atterbury consolidates headquarters in Pretoria

By: Natasha Odendaal     19th October 2017 International property developer and investor Atterbury has consolidated its two Gauteng branches into a single regional headquarters at the Die Klubhuis, housed within the Pretoria precinct development, The Club. The move included its major businesses Atterbury Asset Management, Atterbury... 

NWK companies list on 4AX

By: Natasha Odendaal     28th September 2017 South Africa’s newest stock exchange 4 Africa Exchange (4AX) officially opened for trade on Thursday, welcoming its first two issuers listings, with about nine more in the pipeline. With the listings of agricultural businesses NWK Limited and NWK Holdings now under its belt, the journey of 4AX as... 

Anaconda infrastructure gets major boost with approval of Pine Cove in-pit tailings storage

By: Henry Lazenby     7th September 2017 Eastern Canadian gold producer Anaconda Mining is set to ramp up the mining rate at its Point Rousse project’s Pine Cove pit, after the Newfoundland and Labrador Department of Natural Resources approved a plan to use the nearly depleted pit as a tailings storage facility. Anaconda had previously... 

Atterbury’s Kumasi City Mall development wins the API Award for African retail property

     29th August 2017 Kumasi City Mall, developed by leading South African property development and investment company Atterbury, has won the first ever Africa Property Investment (API) Award for retail real estate. The awards, announced at the recent API Summit and Expo 2017 held in Sandton Central, recognise... 

Joburg Council Chamber’s innovative design receives recognition

By: David Oliveira     18th August 2017 The City of Johannesburg’s (CoJ’s) Council Chamber, which is managed by the CoJ’s property portfolio company Joburg Property Company (JPC), has been awarded the Public Services Development award by the Africa & Arabia Property Awards. The JPC will officially receive the award at a ceremony at the... 

Project aids community development

By: Marleny Arnoldi     18th August 2017 With 70% of the R370-million Cornubia Interchange project complete, construction design and engineering services provider Royal HaskoningDHV and the eThekwini roads provision department say the project is likely to be completed in January next year.  

Diverse assets for infrastructure in demand 

By: Marleny Arnoldi     18th August 2017 In the commercial and industrial property development space, as well as its supporting infrastructure, there is demand for high-quality, diverse assets with strategic locations and offering optimal planning and design, says consultancy firm WSP.  

Arup Invests In Professional Development

     17th August 2017 Two delegates from Arup recently participated in the Property Development Programme, a two-week intensive course run by the University of Cape Town Graduate School of Business in association with the South African Property Owners Association (SAPOA).   Matthew Lilley, senior structural engineer... 

Maluti Crescent shopping centre expansion and redevelopment, South Africa

By: Creamer Media Reporter      11th August 2017 The project transform Maluti Crescent into a 34 360 m2 shopping centre. 

Free State shopping centre set for R338m redevelopment

By: Creamer Media Reporter      8th August 2017 JSE-listed real estate investment trust (Reit) Vukile Property Fund will invest R338-million in expansion and redevelopment of the Maluti Crescent shopping centre, in Phuthaditjhaba, Free State.   The project will add 12 357 m2 to the centre, taking it to a total 34 360 m2.  Simultaneously, the... 

New development zone in Cape Town

     4th August 2017 Property development company AMDEC Property Development has developed a nautically-inspired commercial and residential space in the Roggebaai Canal Tourism Precinct, in Cape Town, called the Yacht Club. 

Partnership to provide solar energy for properties globally

By: Victor Moolman     4th August 2017 Solar solutions provider SOLA Future Energy and South African property development company Atterbury Property Developments have partnered to provide solar energy and electrical storage solutions to the Atterbury portfolio of properties to a projected cost of up to R210-million. 

Sandton building wins Sapoa award

By: Victor Moolman     4th August 2017 The Sasol Place building in Sandton, designed by professional management service group Paragon Group's subsidiary Paragon Architects, won the office developments corporate and the overall winner awards from the South African Property Owners Association (Sapoa) in 2017. 

Leading South African Engineering Firm Partners with Silversoft to Implement Deltek Project Information Management

     27th July 2017 Deltek, the leading global provider of enterprise software and information solutions for project-based businesses, announced today that CKR Consulting Engineers is partnering with Silversoft to implement Deltek Project Information Management (PIM), the industry’s leading enterprise information... 

Property development JV announces Sandton mixed-use precinct development

By: David Oliveira     14th July 2017 Property management company Abland and construction company Tiber announced earlier this week that they will join forces to develop the Sandton Gate mixed-use precinct, comprising office, retail and residential building space with the added benefits of highly convenient access, a vast choice of... 

Musina intermodal terminal expected to improve cross-border trade

By: Schalk Burger     7th July 2017 The Musina Intermodal Terminal (MIT), launched in June, is set to reduce the cost of cross-border trade, especially for bulk commodities, on the North-South trade corridor. The terminal, about 3 km outside Musina and about 13 km from the Beitbridge border post, will serve to move commodities,... 

Amended Property Sector Code gazetted

By: Creamer Media Reporter      3rd July 2017 The Amended Property Sector Code has been gazetted, making it legally binding to entities and organisations operating in the property sector, Trade and Industry Minister Dr Rob Davies said in a statement released at the weekend. Effective June 28, the Amended Property Sector Code, which was... 

Company leads by example in new green premises

By: Robyn Wilkinson     30th June 2017 Engineering consultant WSP Africa will be moving into its new head office in Knightsbridge office park in Bryanston, in September, providing its clients with a stellar example of a sustainable building project.  

Musina Intermodal Terminal to improve cross-border trade

By: Schalk Burger     26th June 2017 The Musina Intermodal Terminal (MIT), launched on Monday, is set to reduce the cost of cross-border trade, especially for bulk commodities, on the North-South trade corridor. The terminal, about 3 km outside Musina and about 13 km from the Beitbridge border post, will serve to move commodities,... 

Continent-wide digital skills development initiative aims to train half a million young Africans in one week

     20th June 2017 The 2017 edition of Africa Code Week officially kicked off yesterday in Flic-En-Flac, Mauritius. Now in its third year, Africa Code Week aims to spread coding literacy among African youth, with a key focus on female skills development and training.   Inaugurated in 2015 by SAP Corporate Social... 

JG Afrika scoops top two places in SAICE Western Cape Awards

     9th June 2017 JG Afrika’s Western Cape-based projects secured first and second place in the branch programme of this year’s prestigious annual South African Institution of Civil Engineering (SAICE) Awards. The high-profile SAICE annual awards recognise well-engineered projects that truly demonstrate the art... 

New empowered property company to benefit those seeking BBBEE compliance

By: Anine Kilian     8th June 2017 New black-empowered property fund Izandla Property, which is sponsored by Investec Property (IP) and Investec Property Fund (IPF), was officially launched, in Johannesburg, on Thursday. Izandla Property’s majority shareholding is the Entrepreneurship Development Trust (EDT), a broad-based... 

Telkom eyes growth through fit-for-purpose operating model

By: Natasha Odendaal     5th June 2017 After four years of an aggressive turnaround, JSE-listed Telkom is now on stable ground and has been left with a fit-for-purpose operating model, housing five entities that are expected to be self-sustaining. The group reported significant strides made in a difficult operating environment to set... 

Earthworks for 42 500 m2 office to start in August

     26th May 2017 Bulk earthworks for the 42 500 m2 property that hosts auditing and consulting firm Deloitte South Africa’s new Gauteng office is excepted to start in August, with construction expected to start in the fourth quarter of this year. Property development company Atterbury announced last month that it... 

African Utility Week organisers clinch four awards

     5th May 2017 Cape Town-based trade exhibition and conference organiser Spintelligent, which owns and organises the African Utility Week, has won four major awards at the Respect, Opportunities, Achievement, Recognition (Roar) Organiser and Exhibitor Awards, which took place in Johannesburg on January 26. The... 

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