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Growthpoint launches revamped property in Sandton
8th March 2023

JSE-listed Growthpoint Properties has launched its newly revamped landmark office property at The Place at 1 Sandton Drive in Sandton Central, and its own Gauteng head office, which is in the... 


An image showing the Malda Pack building, in Keystone Park, in Growthpoint's new property in KwaZulu-Natal
Growthpoint acquires KZN logistics asset
7th March 2023 By: Tasneem Bulbulia

JSE-listed Growthpoint Properties has acquired a 13 870 m2 prime logistics property in Keystone Park in Hammarsdale, KwaZulu-Natal, for R136-million, furthering the rebalancing of its sizable... 


Public Works and Infrastructure Minister Patricia de Lille
DPWI forges ahead with land reform agenda using land at State's disposal
2nd March 2023 By: Darren Parker

The Department of Public Works and Infrastructure (DPWI) has approved the release of 2.8 ha of land to the Housing Development Agency (HDA) in the Msunduzi municipality, in KwaZulu-Natal, for human... 


Investec Property Fund announces big internal changes, new additions to its portfolio
2nd March 2023 By: Marleny Arnoldi

Investec Property Fund (IPF) has announced three individual transactions that form part of its growth and diversification strategy, including entering the Australian market and combining some of... 


munyaka lagoon
Balwin launches R10bn Munyaka lifestyle estate development
2nd March 2023 By: Darren Parker

JSE-listed Balwin Properties has launched its Munyaka lifestyle estate development in Waterfall City, Gauteng. Munyaka, which means 'crystal' in Venda, has one of the largest man-made lagoons in... 


Sapoa decries rates increases amid lack of services, calls for consultation
1st March 2023 By: Tasneem Bulbulia

Industry organisation the South African Property Owners Association (Sapoa) is tackling the issue of high municipal rates and taxes, with research indicating that these have been rising steadily... 


WBHO CEO Wolfgang Neff
WBHO reveals record order book; finally closes door on Aus chapter
1st March 2023 By: Irma Venter

Wilson Bayly Holmes-Ovcon (WBHO) this week revealed a record order book as the company reported its financial results for the six months ended December 31. At around R26.5-billion, the order book... 


An image showing an artist's impression of Growthpoint's Trade Park development
Growthpoint breaks ground on Trade Park Phase 2 to meet growing industrial demand in KZN
27th February 2023 By: Tasneem Bulbulia

JSE-listed Growthpoint Properties has broken ground on Phase 2 of Trade Park, a prime industrial park in the Mount Edgecombe industrial precinct in KwaZulu-Natal, north of Durban. This R180-million... 


L2D’s full-year performance buoyed by retail
27th February 2023 By: Tasneem Bulbulia

JSE-listed Liberty Two Degree (L2D) says it continued a strong recovery in its operational and financial metrics during the year ended December 31. It has, therefore, approved a distribution of... 


FLISP changes to First Home Finance to improve access to housing market
24th February 2023 By: Schalk Burger

The Finance Linked Individual Subsidy Programme (FLISP), or Help-Me-Buy-A-Home scheme, has been remodelled into First Home Finance, with the aim to improve access to affordable housing by providing... 


An image of construction workers
DPWI, partners sign MoU to strengthen infrastructure PPPs
24th February 2023 By: Tasneem Bulbulia

The Department of Public Works and Infrastructure (DPWI), in partnership with Agrément South Africa (ASA), on February 24 signed a memorandum of understanding (MoU) with Infrastructure South Africa... 


South Africa Real Estate Investment Trust Association chairperson and Growthpoint Properties CEO Estienne de Klerk.
Reits likely to outperform as pressures ease
22nd February 2023 By: Donna Slater

With the worst impacts of the Covid-19 pandemic having subsided, the increased interest rate cycle nearing its end and landlords finding power generation solutions, South Africa's real estate... 


Balwin Properties to list on A2X
21st February 2023 By: Schalk Burger

JSE-listed specialist residential property developer Balwin Properties will list its shares for trade on the local A2X Markets bourse from February 28. Balwin will be the first specialist... 


An image showing an communal interior area at Growthpoint's Sandton property
Growthpoint launches revamped office property in Sandton
21st February 2023 By: Tasneem Bulbulia

JSE-listed Growthpoint Properties has launched its newly revamped landmark office property at The Place at 1 Sandton Drive in Sandton Central, and its own Gauteng head office, which is in the... 


2Twenty Madiba
Fairvest completes 2Twenty Madiba aesthetic refurbishment
17th February 2023 By: Donna Slater

Diversified real estate investment trust (Reit) Fairvest has completed an aesthetic refurbishment of the landmark offices at 220 Madiba street, in central Pretoria. Fairvest says the upgrade of... 


Equites to buy, expand Shoprite's logistics campus in KwaZulu-Natal
16th February 2023 By: Schalk Burger

JSE-listed specialist logistics real estate investment trust Equites, through its subsidiary Retail Logistics Fund (RLF), will buy the 65 619 m2 Canelands logistics campus, in KwaZulu-Natal, from... 


Emira achieves solid interim performance with growth in distributable income
15th February 2023 By: Tasneem Bulbulia

JSE-listed Emira Property Fund achieved a solid performance for the six months ended December 31, with a 17.4% increase in its cash-backed dividend of 66.43c apiece and growth in distributable... 


An image showing solar installation on the East Rand Mall
Vukile invests in solar power
13th February 2023 By: Tasneem Bulbulia

JSE-listed Vukile Property Fund will invest about R350-million in backup power as it deploys a strategy to efficiently supplement the electricity supply to its malls. In its quest to help tenants... 


Waterfall City
Attacq’s shares spike on R2.8bn GEPF investment into Waterfall
13th February 2023 By: Tasneem Bulbulia

The share price of JSE-listed real estate investment trust (Reit) Attacq, which is developing Waterfall City, rose by nearly 22% on the morning of February 13 after the company announced that it... 


Library in City of Johannesburg to receive a facelift
10th February 2023 By: Schalk Burger

The City of Johannesburg has appointed the Joburg Development Agency (JDA) to implement renovations to the Johannesburg City Library on the corner of Albertina Sisulu road and Pixley Ka Isaka Seme... 


an image of Fikile de Buck and Dr Gustav Rohde
Attacq appoints new nonexecutive directors
7th February 2023 By: Donna Slater

JSE-listed real estate investment trust Attacq has appointed Fikile de Buck and Dr Gustav Rohde as nonexecutive directors, effective February 1. De Buck, with over 23 years of executive-level... 


City of Cape Town Development Management online portal expanded with range of services
6th February 2023 By: Schalk Burger

The City of Cape Town's Development Management Department only accepts building plan and land use applications online through its e-services portal, which has been upgraded to provide more online... 


An image showing Waterfall City
Waterfall City scoops international award for the fifth time
6th February 2023 By: Tasneem Bulbulia

The Waterfall Management Company’s (WMC’s) Waterfall City was honoured with the Best International Mixed-use Development 2022/23 award at the yearly International Property Awards ceremony, held at... 


Growthpoint's Lincoln on the Lake property
Growthpoint plans to double solar capacity by June
6th February 2023 By: Marleny Arnoldi

Real estate investment trust (Reit) Growthpoint Properties is going to great lengths to ensure its buildings and tentants’ businesses remain powered up during South Africa’s electricity crisis and... 


transmission lines
DPWI to start expropriating servitudes in Limpopo for Eskom’s transmission lines
3rd February 2023 By: Darren Parker

Public Works and Infrastructure Minister Patricia de Lille has been requested by State-own utility Eskom to expropriate servitudes, in terms of existing legislation, for electricity transmission... 


Trident steel
Commission gives its approval for Trident Steel’s buyout of Aveng subsidiary
3rd February 2023 By: Darren Parker

The Competition Commission has approved the proposed transaction whereby steel maker Trident Steel subsidiary Trident Steel Africa (TSA) intends to acquire Aveng subsidiary Aveng Trident Steel... 


image of Newlands Terraces
Renewed interest in Cape Town, Durban office space – Emira
25th January 2023 By: Donna Slater

Real estate investment trust Emira Property Fund says it has received increased enquiries for office space in Cape Town and Durban – welcome news in markets that have suffered from rising vacancies... 


Attacq image
Attacq starting to see post-pandemic improvement
18th January 2023

Real estate investment trust company Attacq has reported an improvement in the office and retail sectors following a downswing during the Covid-19 pandemic. Darren Parker tells us more. 


IFC invests R1bn in Growthpoint’s green bond
14th December 2022 By: Schalk Burger

Development finance institution the International Finance Corporation (IFC) will invest R1-billion in a green bond issued by JSE-listed real estate investment trust Growthpoint Properties.... 


Afrimat’s third-quarter Construction Index shows strong uptick
Afrimat’s third-quarter Construction Index shows strong uptick
13th December 2022 By: Irma Venter

Construction sector activity moved strongly into positive territory in the third quarter of the year, with the latest Afrimat Construction Index (ACI) outperforming the overall economy. The latest... 


Futuregrowth buys mall in eMalahleni
8th December 2022 By: Darren Parker

Property investment company Futuregrowth Asset Management’s Community Property Fund (Comprop) has acquired KG Mall shopping centre, which is situated at the entrance to the Kwa-Guqa township, in... 


Construction sector ailing as govt’s infrastructure plan stalls – MBA North
2nd December 2022 By: Irma Venter

Following a harrowing two years for the construction sector, this year started with cautious optimism amid promises that a series of major infrastructure works would be fast-tracked, says Master... 


There are signs of life in the local construction sector – CIDB
2nd December 2022 By: Irma Venter

There are some green shoots in the South African construction industry, despite predictions that the sector is facing imminent collapse, says Construction Industry Development Board (CIDB) CEO... 


Hyprop to list on A2X
30th November 2022 By: Schalk Burger

Retail-focused real estate investment trust Hyprop Investments will list its shares for trade on A2X Markets from December 7. Hyprop retains its primary listing on the JSE and its issued share... 


Fairvest maintains strong distributable income in FY22
30th November 2022 By: Marleny Arnoldi

JSE-listed real estate investment trust (Reit) Fairvest has ended the 12 months ended September 30 on a high note, declaring a distributable income of 126.22c per A share and 43.29c per B share, in... 


Attacq CEO Jackie van Niekerk
Office, retail sectors improving following downswing during pandemic
29th November 2022 By: Darren Parker

The ailing office space subsector of the property market is starting to see a recovery after Covid-19 caused thousands of companies to adopt work-from-home models to protect employees, resulting in... 


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