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Topic - Property Development
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Apr 18, 2014
The start of construction on lawfirm Bowman Gilfillan’s new building, as part of the Alice Lane projec, in Sandton, was celebrated with a sod-turning ceremony last month. The event was hosted by South African-based property development company Abland and law firm ...
Apr 17, 2014
Apr 09, 2014
Mar 20, 2014
Chemicals group AECI has completed the transfer of its surplus property at Modderfontein, in Gauteng, and its property development business to Chinese diversified property company Shanghai Zendai Property for R1.06-billion in cash. The transaction involved the...
Mar 13, 2014
A certificate has been issued for the Green Point Stadium, in Cape Town
The Competition Tribunal has issued around 100 certificates of decision confirming that 15 construction companies have indeed breached the Competition Act, potentially opening the way for civil claims for damages. The certificates have been issued to the City of...
Feb 28, 2014
PRESTIGE STUDENT LIVINGThe Mill Junction provides students with a study-friendly and comfortable environment, which encourages academic progress for student success
Property development and investment company Critiq’s Mill Junction – grain silos that have been converted into a student accommodation building for 400 undergraduate students – was officially opened on February 12.
Feb 28, 2014
Property development company Atterbury and JSE-listed capital property company Attacq launched the mixed-use Waterfall City onto the market on February 13, marking the next wave of its commercial development at the Waterfall Business Estate.
Feb 25, 2014
Increased demand for chemical explosives by the South African mining sector drove speciality group AECI’s earnings for the year ended December 31 northwards, pointing to a stronger minerals industry than that of 2012. However, strikes in the platinum mining...
Feb 13, 2014
Feb 12, 2014
Feb 07, 2014
Feb 04, 2014
 
 
 
Feb 04, 2014
Bruce Kerswill, Executive Chairman of the Green Building Council South Africa and the pioneer who led the charge in the formation of the local Council, has been elected as the Chairman of the World Green Building Council. Kerswill, who has been involved with the...
Jan 31, 2014
The face of the African construction industry is changing. Construction projects on the continent are getting bigger and more complex. According to Deloitte’s African Construction Trends Report 2013, this is owing to rapid urbanisation, strong economic growth, a...
Jan 28, 2014
The Competition Commission has, with conditions, approved the sale of explosives and chemicals company AECI’s vacant land in Modderfontein to Chinese diversified property development company Shanghai Zendai Property. The transaction involved the acquisition of...
Jan 27, 2014
Sapoa CEO Neil Gopal
Efficient towns and cities with competitive rates and taxes would benefit from increased commercial property investment and development during 2014, the South African Property Owners Association (Sapoa) said on Monday. “Local authorities with competitive rates,...
Jan 24, 2014
Stellendale Village
Property development company Visual International Holdings on Friday announced that it would list on the JSE AltX next month, providing an opportunity for investors to share the benefits of an investment in developing mixed-use residential suburbs for the...
Jan 22, 2014
Visual International Holdings will provide a unique opportunity for investors to share the benefits of an investment in developing mixed-use residential suburbs for the middle-income market – conceivably the fastest growing residential property market segment in...
Jan 20, 2014
Dipula Income Fund CEO Izak Petersen
Retail property was expected to deliver better results to investors this year, while the office sector would continue to experience more pressure than other sectors, real estate investment trust Dipula Income Fund CEO Izak Petersen said on Monday. However, businesses...
Dec 04, 2013
Rand Merchant Bank (RMB) has committed to jointly fund a $182-million A-grade office development in Lagos, Nigeria, which should be completed by March 2016. The Wings Oando Development, consisting of two high-rise office towers on Victoria Island, between Lagos...
Nov 22, 2013
International financial and risk services provider Alexander Forbes’ new head office building in Sandton, Johannesburg, has won this years’ Architectural Category award in the South African Institute of Steel Construction (Saisc) Steel Awards. The judges said at...
Nov 18, 2013
JSE-listed Growthpoint Properties will acquire Tiber Group’s entire property portfolio and its management business for R6.6-billion – Growthpoint’s largest single acquisition to date. The portfolio spans 320 000 m2 of mainly P- and A-grade office space...
 
 
 
 
Nov 15, 2013
The slowdown in the availability of major infrastructure projects in the past three years has caused civils and construction company Esorfranki Construction to focus on securing housing projects in both the public and private sector.
Nov 06, 2013
JSE-listed speciality chemicals group AECI’s explosives division AEL Mining Services will look to grow and consolidate its South African market share, while reducing its local cost base and advancing its international expansion strategy. At an investor day on...
Nov 05, 2013
AECI CEO Mark Dytor
The disposal of the bulk of South Africa-based explosives and chemicals company AECI’s surplus property assets in Modderfontein, Gauteng, for over R1-billion is expected to generate R14-billion in direct and indirect benefits for the national economy over a 15-year...
Oct 30, 2013
The preliminary findings of an ongoing investigation into the Western Cape’s private property sector showed that the private property sector contributed 9% to the Western Cape economy and accounted for 135 000 jobs in the region. The draft report revealed that, in...
Oct 14, 2013
Bringing a unique proposition to market, Attacq listed on the main board of the JSE on Monday, under the Real Estate – Real Estate Holdings and Development sector. Prior to the listing, the company raised R800-million through an oversubscribed private placement.
Oct 11, 2013
The construction and retail development industry in Ghana is booming, with real estate investment managers like RMB Westport contributing to projects in progress, valued at $157-million, in the capital, Accra.
Oct 08, 2013
In a pioneering move, the Green Building Council SA, with sponsorship from Old Mutual Property, is set to launch a new PILOT Socio-Economic Category  for Green Star SA rating tools, which aims to recognise the socio-economic achievements of green building projects....
Oct 02, 2013
Growthpoint Properties today announced it will acquire Abseq Properties (Pty) Ltd, which owns and manages a portfolio of 17 high-quality office properties in northern Johannesburg and Woodmead. Comprising a substantial 79,971sqm of predominantly A-grade offices,...
Sep 27, 2013
The sudden stoppage of building plan approvals in the Nelson Mandela Bay municipality is causing serious concern in the commercial and industrial property sector, with the SA Property Owners’ Association quick to raise a red flag concern about the situation....
Sep 27, 2013
The GPF was established by the Gauteng provincial government to address specific challenges in the social housing sector in terms of affordable rentals. The GPF’s mandate is to facilitate, through partnerships, delivery of affordable housing to income earners of...
 
 
 
 
Sep 25, 2013
More and more property developers are opting for sustainability, not only as an alternative building initiative, but as a unique selling point to discerning buyers. Why green?  What value does it give to property developers as a company and does it help with a...
Sep 10, 2013
In any new development, one of the major engineering concerns is stormwater run-off and attenuation. In the Heartlands Property development in Linbro Park, commercial growth is underway, and engineers were looking for a way to create a natural-looking waterway that...
Aug 02, 2013
BAY WEST MALLThe new mall in Port Elizabeth will comprise two levels of shops and more than 3 200 parking bays
Construction company Murray & Roberts Buildings has started work on the Bay West Mall in Port Elizabeth, in the Eastern cape, for property development company Abacus Asset Management and property development and investment company Billion Group.
Jul 24, 2013
Mark Dytor
Industrial chemicals and explosives manufacturer AECI would work “furiously” to pursue acquisitions in the rest of Africa and South America, CEO Mark Dytor said on Wednesday. The JSE-listed group, which was currently in talks for four or five undisclosed...
Jul 01, 2013
May 31, 2013
The proposed project entails the construction of a Class A, energy efficient green office complex in central Yerevan.
May 10, 2013
The State-owned Airports Company South Africa is positioning itself to develop an aerocity around the Bram Fischer International Airport, near Bloemfontein, in the Mangaung metropolitan municipality of the Free State. The proposed airport precinct, to the south of...
May 10, 2013
Nedbank Corporate Property Finance has concluded a R1.36-billion finance agreement with Billion Property Developments to construct the 73 588 m² Forest Hill Shopping Centre in Monavoni, Centurion.
Apr 26, 2013
South African sugar producer TSB intends to undertake a feasibility study for a new sugar production base, in Mozambique, this year. The feasibility study is the result of the right granted by the Mozambican government to TSB and its local partners to develop a 37...
Apr 05, 2013
Building and civil products supplier and manufacturer Dawn has reported a healthy improvement in its financial wellbeing, recording R90.1-million profit after tax for the six months ended December 31, 2012. This was an 88% improvement over the comparable period in...
 
 
 
 
Mar 22, 2013
South African property investment and development company Atterbury, together with Demashuwa Properties and Namibia-based Safland Property Group, are moving ahead with what they believes will be Namibia’s largest commercial property development – the 54 000 m2...
Mar 18, 2013
Property development firm Growthpoint Properties has launched a R150-million client-driven industrial property development and redevelopment programme in Gauteng. In Meadowbrook, Germiston, Growthpoint was developing a R100-million state-of-the-art facility for...
Mar 14, 2013
Building and civil products supplier and manufacturer Dawn reported a healthy improvement in its financial wellbeing on Thursday, recording R90.1-million profit after tax for the six months ended December 31, 2012. This was an 88% improvement over the comparable...
Mar 08, 2013
The new controlling shareholder of the Orkney gold mine is expected to make an operational investment of between R300-million and R400-million to resuscitate the Orkney gold mine, which has been bought out of liquidation for R150-million, the head of the black...
Feb 25, 2013
 
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