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Work under way on Oxford Parks Block 2A Phase 1
Concor stresses green building practices in its new Rosebank project
10th April 2024 By: Rebecca Campbell

South African construction group Concor has highlighted progress at its Green Star V2-rated Oxford Parks Block 2A Phase 1 project, in the Johannesburg suburb of Rosebank. Work started in February... 


Johannesburg
CoJ promulgates reviewed municipal planning by-law
9th April 2024 By: Darren Parker

The City of Johannesburg’s (CoJ’s) Development Planning Department has promulgated the recently reviewed municipal planning by-law. The provisions of the reviewed by-law enable the city to simplify... 


Rainmaker Marketing director Stefan Botha.
Rainmaker Marketing releases Western Cape Property Market Report
5th April 2024 By: Sabrina Jardim

The Western Cape enjoys the lion’s share of semigration activity in South Africa and, as a result, has to cater to the shift in the market’s needs, says global property and lifestyle marketing... 


Human Settlements Minister Mmamoloko Kubayi
Old govt buildings to be converted into homes for State employees
5th April 2024 By: Darren Parker

Human Settlements Minister Mmamaloko Kubayi wants to convert old and unused government buildings into residential properties for government employees. She said this was part of an effort to do away... 


Spear to acquire Western Cape properties from Emira
2nd April 2024 By: Sabrina Jardim

JSE-listed real estate investment trust (Reit) Emira and its wholly owned subsidiaries have agreed to dispose of 13 predominantly industrial and office properties situated in the Western Cape to... 


Calgro M3 CEO Wikus Lategan
Calgro M3, Eris acquire Bankenveld District City development land parcel
2nd April 2024 By: Schalk Burger

A joint venture between JSE-listed property investment company Calgro M3 and property development company Eris has acquired a strategic land parcel for the Bankenveld District City development, in... 


An image of Human Settlements Minister Mmamoloko Kubayi
Human Settlements Minister outlines progress for 2023/24 year
28th March 2024 By: Tasneem Bulbulia

The government has made progress on its Medium-Term Strategic Framework targets and, as it wraps up this administration, believes these numbers will continue to increase, Human Settlements Minister... 


Four sites have been selected for a solar PV pilot project, after which solar PV will be rolled out to all bpSA-owned sites
Energy major gears up to roll out solar across retail sites as it marks South African centenary
28th March 2024 By: Terence Creamer

Energy group bp Southern Africa (bpSA) has set the expansion of its service station network in South Africa as a key priority as it moves to mark its centenary in a country where it first began... 


Watt Street precinct under construction
JDA looking for new contractor to finish Watt Street Precinct project
27th March 2024 By: Darren Parker

The City of Johannesburg’s infrastructure arm the Johannesburg Development Agency (JDA) has started the procurement process for a new contractor for the Watt Street Public Environment (PEU)... 


The Nexus 1 building
Attacq's Nexus 1 building achieves EDGE, Green Star certification
25th March 2024 By: Schalk Burger

Real estate investment trust Attacq's Nexus 1 building, in Waterfall City, which also serves as its headquarters, has received Excellence in Design for Greater Efficiencies (EDGE) certification.... 


‘It’s not all doom and gloom in our space’ – WBHO boss
22nd March 2024 By: Irma Venter

With a total pipeline of work of R240-billion, up from R211-billion in June, Wilson Bayly Holmes-Ovcon’s (WBHO’s) short- to medium-term future “should be okay”, says CEO Wolfgang Neff. “It’s not... 


Govt turns to private sector to fix public sector facilities
Govt turns to private sector to fix public sector facilities
19th March 2024 By: Irma Venter

Given the current economic downturn, government does not have the resources to look after all of its assets, says Department of Public Works and Infrastructure (DPWI) property management trading... 


Port of Durban
TNPA seeks to unlock land value through big leasing offer across seven ports
14th March 2024 By: Creamer Media Reporter

South Africa’s State-owned Transnet National Ports Authority (TNPA) has released tenders for nearly 100 leasing opportunities across seven of its sea ports in line with a real estate strategy that... 


Africa statue
Attacq posts growth in interim distributable income
12th March 2024 By: Marleny Arnoldi

JSE- and A2X-listed real estate investment trust (Reit) Attacq has posted a higher distributable income per share (DIPS) of 36.9c for the six months ended December 31, 2023, compared with the DIPS... 


An image of Fortress's Clairwood Logistics Park
Fortress achieves strong interim performance, simplifies capital structure
11th March 2024 By: Tasneem Bulbulia

Real estate company Fortress Real Estate Investments says it successfully simplified its capital structure through the implementation of a single class of share, as well as achieved other... 


Construction of Turffontein Clinic resumes
7th March 2024 By: Tasneem Bulbulia

The construction of Turffontein Clinic has restarted following a temporary stoppage, the Johannesburg Development Agency (JDA) says in a statement. The two-storey, 1 870 m² facility is said to be... 


Property transformation programme launched
6th March 2024 By: Tasneem Bulbulia

Industry regulator the Property Practitioners Regulatory Authority (PPRA) on March 6 launched the Transformation Property Partnership programme, which is aimed at enabling meaningful youth... 


Image of WBHO housing project in Lesotho
‘It’s not all doom and gloom in our space’ – WBHO boss
6th March 2024 By: Irma Venter

With a total pipeline of work of R240-billion, up from R211-billion in June, Wilson Bayly Holmes-Ovcon’s (WBHO’s) short- to medium-term future “should be okay”, says CEO Wolfgang Neff. “It’s not... 


Prefab buildings provider celebrates five decades
1st March 2024

Prefabricated buildings provider Kwikspace is celebrating more than five decades of delivering tailor-made solutions across diverse industries. With expertise spanning schools, clinics, mining,... 


Solar panels being installed
Redefine to double renewable power to 80 MW in two to three years
27th February 2024 By: Schalk Burger

JSE-listed real estate investment trust (Reit) Redefine Properties, which has an installed solar photovoltaic (PV) capacity of 40.86 MW, is installing an additional 27.2 MW of capacity across its... 


An image of SA Home Loans CEO Rob Kelso and COO Zakheni Dlamini
SA Home Loans bullish about future, despite 2023 headwinds
26th February 2024 By: Tasneem Bulbulia

As it celebrates its twenty-fifth birthday this week, mortgage finance company and mortgage insurance provider SA Home Loans is optimistic that, despite considerable challenges for consumers and... 


Vukile CEO Laurence Rapp
Vukile raises R1bn for acquisitive growth
20th February 2024 By: Marleny Arnoldi

JSE-listed Vukile Property Fund will issue R1-billion of new ordinary shares following a successful accelerated bookbuild, with the funds to be used to capitalise on a pipeline of growth... 


Image of Cape Town mayor Geordin Hill-Lewis
Cape Town greenlights fund to help build rental units in lower-income communities
16th February 2024 By: Irma Venter

The City of Cape Town Mayoral Committee (Mayco) has greenlit the creation of a Development Charges Fund to support micro-developers in building affordable housing in lower-income communities.  The... 


Landsdowne reports progress on Orlando Towers, Steyn City developments
Landsdowne reports progress on Orlando Towers, Steyn City developments
16th February 2024

As managers of the Orlando Towers Estate, a sectional title and lifestyle development in Soweto, Gauteng, residential real estate manager Landsdowne Property Group notes that there is growth... 


An image depicting Landsdowne CEO Jonathan Kohler
Landsdowne sees growth potential for sectional title estates in townships
15th February 2024 By: Sabrina Jardim

As managers of the Orlando Towers Estate, a sectional title and lifestyle development in Soweto, Gauteng, residential estate manager Landsdowne Property Group notes that there is growth potential... 


Nedbank CIB funds first Reit in Ghana
15th February 2024 By: Tasneem Bulbulia

Nedbank Corporate and Investment Banking’s (CIB’s) Property Finance division has funded the first real estate investment trust (Reit) in Ghana. The CIB Property Finance team on February 15... 


Reside Summit chairperson Debbie Tagg
Residential development summit to foster govt, private sector collaboration
15th February 2024 By: Schalk Burger

The Residential Investment and Development (Reside) Summit, which will be held in Johannesburg from July 16 to 19, has a key objective to foster collaboration between governmental stakeholders and... 


Image of Cape Town Mayor Geordin Hill-Lewis and city manager Lungelo Mbandazayo 
Cape Town to invest R43bn in infrastructure in the next three years – mayor
14th February 2024 By: Irma Venter

Cape Town Mayor Geordin Hill-Lewis says the city will invest R43-billion in infrastructure over the next three years. The ten-year project pipeline is valued at R120-billion. 


Radisson Hotel & Convention Centre. O.R.Tambo
Radisson added more than 3 800 new rooms in Middle East, Africa last year
13th February 2024 By: Darren Parker

Radisson Hotel Group signed 22 additional hotels, resorts and serviced apartments in 2023, adding more than 3 800 rooms to its Middle East and Africa regional portfolio. Globally, the group wrapped... 


Growthpoint South Africa CEO Estienne de Klerk
Growthpoint issues R1bn ten-year bond
7th February 2024 By: Schalk Burger

JSE-listed real estate investment trust (Reit) Growthpoint Properties has issued a R1-billion senior unsecured bond with a ten-year maturity. The ten-year note was placed at a margin of 185 basis... 


Jocelyn Evans
Opinion: Addressing fire safety concerns – a critical examination of regulatory compliance in public buildings
2nd February 2024

In this article, South African Institution of Civil Engineering (Saice) members Jocelyn Evans and Professor Richard Walls reflect on the complex issues surrounding fire safety regulatory compliance... 


Growthpoint Properties South Africa CEO Estienne de Klerk
Growthpoint enters 195 GWh/y renewable energy PPA with Etana Energy
30th January 2024 By: Schalk Burger

JSE-listed real estate investment trust Growthpoint Properties has entered into a power purchase agreement (PPA) with electricity trader Etana Energy for 195 GWh/y of renewable energy, which... 


Emira CEO Geoff Jennett
Emira concludes its acquisition of Transcend
29th January 2024 By: Schalk Burger

JSE-listed real estate investment trust (Reit) Emira has finalised the acquisition and subsequent delisting of fellow Reit Transcend. The properties of Transcend's portfolio of 4 000 tenants will... 


TUHF announces expansion strategy for affordable housing in South, Southern Africa
15th January 2024 By: Schalk Burger

Commercial property financing company TUHF has announced an ambitious expansion strategy aimed at addressing the evolving demands for affordable housing across South Africa, as it marks its 20-year... 


Aerial view of the Arterial Industrial Estate
Growthpoint lets first two of six Arterial Industrial Estate units in Phase 1
12th December 2023 By: Schalk Burger

JSE-listed real estate investment trust Growthpoint Properties has let the first two of six units in Phase 1 of its Arterial Industrial Estate development, in Cape Town, to paints and coatings... 


Fairvest CEO Darren Wilder
Fairvest posts income growth, lower vacancies
29th November 2023 By: Marleny Arnoldi

JSE-listed Fairvest has made excellent progress in derisking its balance sheet, reducing vacancies and disposing of noncore assets in the financial year ended September 30. The property company... 


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