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Phase 1 of Loftus Park mixed-use development nears completion

By: Schalk Burger     14th March 2018 Phase one of the mixed-use Loftus Park precinct being developed by JSE-listed Redefine Properties and built by construction firm Abland will include 34 000 m2 of office space, a gym, an open-air piazza with restaurants and a convenience retail offering, as well as a new 152-room hotel by... 

Domestic drugs manufacturing could benefit from increased local demand

By: Dylan Slater     9th March 2018 The South Africa pharmaceutical manufacturing industry is “well positioned” to assist in contributing to the economy with an increase in local manufacturing, which needs to be driven by a decrease in importing drugs and consequent increase in local manufacturing, says local procurement lobby... 

Growthpoint starts excavation work for Rosebank office development

By: Marleny Arnoldi     7th March 2018 JSE-listed Growthpoint Properties has started the excavation process for the 35 000 m2 144 Oxford premium-grade office development in Rosebank, Gauteng, with the project expected to be completed in October 2019.  

Hyprop lifts H1 distributions by 8.3% y/y

By: Simone Liedtke     2nd March 2018 JSE-listed specialist shopping centre real estate investment trust (Reit) Hyprop on Friday reported solid growth in distributions of 8.3% for the six months to December 31, which was driven by a stable performance from South African shopping centres and a strengthening South-Eastern European... 

Mixed-use Hatfield Square is latest trend in student accommodation

     27th February 2018 Hatfield Square in Pretoria, designed by architecture and interior architecture practice Paragon, represents the latest trend for student accommodation, focusing on an accessible and safe mixed-use development with all the necessary amenities. The 2 200-bed project is owned by Redefine and... 

Concrete Industry Honours Afrisam With Two Top Awards

     22nd February 2018 Construction materials leader AfriSam dominated at the recent Southern African ReadyMix Association (SARMA) awards by winning two of the four accolades bestowed on the industry’s top performers for 2017. SARMA’s premier annual event – held in Gauteng during the Concrete Conference in August – saw... 

JRA to convert Jan Smuts avenue to a dual carriageway

By: Megan van Wyngaardt     15th February 2018 The Johannesburg Road Agency (JRA) has developed a draft design for the future upgrading of Jan Smuts avenue to a dual carriageway from Northwold drive to Bolton drive and from Eighth avenue to Kent road in Rosebank, to improve mobility and decrease congestion on the main arterial route. The... 

Oxford Parks Precinct, South Africa

By: Sheila Barradas     19th January 2018 Intaprop is buidling a mixed use development adjacent to Rosebank in Johannesburg. 

SA stainless steel industry worth $3bn, 100 000 jobs

By: Dylan Slater     8th December 2017 The South African stainless steel industry is “very important” in employing people and growing the economy through exports and the local manufacturing of products, says South African Stainless Steel Development Association CEO John Tarboton.  

Stephen Goldberg

     17th November 2017 This week Engineering News profiles Stephen Goldberg, CEO of Selpal, which provides retailers in the informal sector with a platform to sell a full suite of virtual products and produces deep data that brings efficiency and transparency to the informal-sector supply chain   

Paragon scoops four awards at Best Projects 2017

     13th November 2017 Leading architecture, interior architecture, and space-planning practice Paragon was a major winner at the Construction World Best Project Awards 2017, held at the Royal Kensington Golf Club on 8 November. The Best Projects are the only awards in the industry that recognise excellence across the... 

Property developer launches SA’s first dual-certified property portfolio

By: Mia Breytenbach     20th October 2017 Real estate investment trust (Reit) Growthpoint Properties has launched the first and only property portfolio in South Africa to be highly rated by the South African Property Owners Association (Sapoa) and the Green Building Council South Africa (GBCSA). The Thrive Portfolio combines quality and... 

Growthpoint launches South Africa’s first dual-certified property portfolio

By: Mia Breytenbach     28th September 2017 JSE-listed real estate investment trust (Reit) Growthpoint Properties has launched the first and only property portfolio in South Africa to be highly rated by the South African Property Owners Association (Sapoa) and the Green Building Council South Africa (GBCSA). This premier portfolio, named... 

Johannesburg school invests in luxury liner

     25th August 2017 Commercial vehicles, off-road trucks and vehicles manufacturer Iveco recently handed over an Iveco Afriway 65-seater bus to Kingsmead College, a leading girls’ school in Rosebank, Johannesburg. The donation comes as part of Kingsmead College’s ‘Bus Project’, launched in 2015, with the objective... 

Auditors trained to assess hazardous materials transport

By: Dylan Slater     25th August 2017 South African chemical industry representative organisation the Chemical and Allied Industries’ Association (CAIA) is embarking on the training of “much-needed” auditors to assess the safety of transporting hazardous materials.  

Emira on track to improve performance, despite difficult operating environment

By: Anine Kilian     16th August 2017 Despite a challenging year, JSE-listed real estate investment trust Emira Property Fund says it has significantly improved vacancies across its portfolio to 5.3%, from 7% at its half-year, while having also renewed 77% of expiring space during the financial year to June 30.    Speaking at a... 

Engen’s Phikolomzi Gugwana has found his wings and space to fly

     18th July 2017 Phikolomzi Gugwana grew up in Mount Ayliff in the Eastern Cape but attended a secondary school in Wentworth, Durban as there were no high schools in Mount Ayliff that taught in English.   From an early age, Phikolomzi (his name means ‘wings’) showed great aptitude for maths and science, subjects... 

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... 

South Africa’s policy uncertainty pushed further into negative territory

By: Natasha Odendaal     11th July 2017 The heightened policy uncertainty, revealed by the North West University (NWU) School of Business and Governance’s latest quarterly Policy Uncertainty Index (PUI), shows an urgent need for South Africa to “get the politics right in order to get the economics right” to promote the policy certainty... 

ASSA ABLOY Entrance systems supplies Besam automatic door systems to Rosebank Towers

     16th March 2017 ASSA ABLOY Entrance Systems partnered with AOC Johannesburg and Reusable Walling Systems to install five safe, secure and convenient entrance and exit solutions at Rosebank Towers in Johannesburg. Besam door systems present a great entrance and exit solution for businesses such as Rosebank... 

Office tower development seen heralding new Gauteng CBD

By: Anine Kilian     10th March 2017 Motorists on the N1 have had a front-row seat as accounting firm PwC’s 28-storey office building rose from the veld at the Waterfall City development, in Gauteng. Launching in February 2018, the high-rise building is potentially spearheading a new central business district (CBD) between... 

Hyprop’s Strong Interims Prompt Higher Full-Year Growth Guidance

     3rd March 2017 HIGHLIGHTS • Dividend up 16,6% • Acquired Skopje City Mall, Skopje, Macedonia • Sale of Willowbridge South for R460 million • Developments of R260 million underway (SA portfolio) JSE specialist shopping centre REIT, Hyprop, reported strong double-digit growth in distributions for the six months... 

Hyprop sees distribution growth double as European portfolio picks up

By: Megan van Wyngaardt     3rd March 2017 Shopping centre-focused real estate investment trust Hyprop reported strong double-digit growth in distributions for the six months to December, 31, owing to a solid performance from its local shopping centres and supported by the inclusion of distributable income from the newly acquired... 

Keeping up with technology trends imperative for efficiency

By: Marleny Arnoldi     24th February 2017 With the growing woes of electricity costs in South Africa, engineering professional services consulting firm WSP | Parsons Brinckerhoff believes that it is imperative to keep up with air-conditioning technology trends that promote energy efficiency and ease of maintenance. 

Transportation, logistics industry at technological crossroads

By: Natasha Odendaal     26th January 2017 The global transportation and logistics (T&L) industry – the last to embrace the innovative 4.0 transition – is facing a profound shift in its market, forcing an innovative adaptation to enhanced customer expectations, the embrace of new disruptive entrants, rapidly changing technology and... 

Sasol shows off new corporate head office 

By: Megan van Wyngaardt     6th December 2016 The final phase of global chemicals company Sasol’s new headquarters, Sasol Place, in Sandton, its tenth floor, was commissioned on Monday. This not only houses its group executive suites, but also hosts the company’s engagement facilities. This completes the 11-storey, 47-m-tall office complex,... 

Sasol employees move into new headquarters

By: Megan van Wyngaardt     16th November 2016 The relocation of 2 500 of energy and chemicals company Sasol’s employees from its 11 commercial properties spread across Johannesburg, including the Sturdee road complex, in Rosebank, into the company’s global headquarters, Sasol Place, in Sandton, has started. The 67 000 m2, ten-storey... 

Sandton bicycle lanes still on agenda

By: Megan van Wyngaardt     3rd November 2016 The City of Johannesburg will go ahead with plans to roll out bicycle lanes in and around Sandton, despite having the R70-million budget reallocated for projects in the Alexandra township. Newly elected mayor Herman Mashaba had noted that the funds would be reallocated, which caused confusion... 

Be part of the leadership event of the year – Property Point Live2Lead

     26th September 2016 Property Point, the award-winning enterprise and supplier development initiative founded by Growthpoint Properties, is giving leadership in South Africa a massive boost. Together with the John Maxwell Leadership Group, Property Point is bringing Live2Lead, the leadership event of the year, to... 

Sugar tax to leave secondary industries desolate – association

By: Megan van Wyngaardt     20th September 2016 The South African Sugar Association (Sasa) has called on the National Treasury to reconsider its intention to introduce a tax on sugar sweetened beverages (SSBs) by April next year, saying that, not only will it have an adverse effect on the beverages industry, but also widespread ramifications... 

Vodacom enhances coverage in Gautrain’s underground tunnels

By: Natasha Odendaal     6th September 2016 Telecommunications giant Vodacom has enhanced its connectivity coverage along select routes of Gautrain’s underground tracks with speeds in excess of 100 Mb/s The group on Tuesday announced that its fourth-generation (4G) coverage currently deployed along the Rosebank, Sandton, Marlboro and... 

Taste in no hurry to open more Starbucks stores in South Africa

By: News24Wire      6th September 2016 Starbucks South Africa subsidiary owner, Taste Holdings, is focusing on delivering a “quality” Starbucks experience and is in not going to add any “pressure” on itself to churn out more Starbucks stores for the time being. This is according to Taste Holdings CEO Carlo Gonzaga, who was speaking at... 

Hyprop vacancies fall, FY distributions rise 14.2% y/y

By: Megan van Wyngaardt     2nd September 2016 Specialist shopping centre real estate investment trust Hyprop has reported double-digit growth for the year ended June 30, off the back of its defensive quality shopping centre portfolio. Hyprop declared a total distribution of 619.9c a share for the full year, up 14.2% on the prior year, with... 

Africa offers many oil, gas opportunities – PwC

By: Anine Kilian     22nd August 2016 Now is an opportune time for governments in Africa wanting to attract oil and gas investors to reform their regulatory, fiscal and licensing systems, says PwC Africa oil & gas advisory leader Chris Bredenhann. Speaking at the launch of PwC’s ‘Africa Oil & Gas Review 2016’ in Rosebank, on Monday,... 

Uber mulls new South African services as it expands African footprint 

By: Irma Venter     19th August 2016 There is “huge scope” for Uber to grow in South Africa, says Uber sub-Saharan Africa GM Alon Lits. “My wife and I have one car. I Uber to work every morning and I always drive past all of these cars in traffic with single occupants. I want each and every one of these drivers to switch to Uber.” 

Uber mulls new South African services as it expands African footprint

By: Irma Venter     19th August 2016 There is “huge scope” for Uber to grow in South Africa, says Uber sub-Saharan Africa GM Alon Lits. “My wife and I have one car. I Uber to work every morning and I always drive past all of these cars in traffic with single occupants. I want each and every one of these drivers to switch to Uber.” 

Gigaba challenges Western media perspectives on Brics 

By: News24Wire      11th August 2016 For developing countries to achieve meaningful development, they must rely on their own resources to achieve their objectives. The Brics Forum and the introduction of the New Development Bank (NDB) are contributing to this independent development, according to Home Affairs Minister Malusi Gigaba.... 

Suncor expands reach in UK’s North Sea basin

By: Henry Lazenby     9th August 2016 Canadian oil and gas major Suncor Energy will acquire a 30% participating interest in the UK North Sea Rosebank project from international, integrated oil and gas company OMV for an initial payment of $50-million. Subject to conditions, including regulatory approval, subsidiary Suncor Energy UK... 

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