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... 

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... 

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. 

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.... 

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... 

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... 

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 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... 

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... 

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... 

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... 

JSE-listed Vukile Property Fund has reaffirmed its commitment to the South African retail property sector, announcing on November 29 that it is acquiring a 50% undivided share in the 57 000 m2 BT... 

Ahead of its year-end closed period, retail-focussed real estate investment trust (Reit) Liberty Two Degrees (L2D) reports that its portfolio is expanding, with yearly trading density growth in... 

Industry organisation the South African Property Owners Association (SAPOA) has welcomed the Department of Mineral Resources and Energy's (DMRE’s) granting of a three-year extension on the... 

JSE-listed rental real estate investment trust Indluplace has reduced its residential vacancy rate to 8.5% and achieved an average vacancy rate of 10.7% for its portfolio for the financial year... 

The Master Builders Association (MBA) North has issued a practice note for its members aimed at helping them fight back against what it calls unethical contractual practices that have become... 

Specialist logistics property fund Equites Property Fund raised more than R1.25-billion in the South African debt capital market in a public auction of one-year, three-year and five-year senior... 

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... 

The Liesbeek Leisure Property Trust (LLPT) welcomed the rescission of an order that they stop building on the River Club site, which is part of a multibillion-rand development that will also house... 

Real estate investment trust Attacq will list its shares for trade on A2X Markets (A2X), effective November 16. A2X is a licensed stock exchange that provides a secondary venue for companies to... 

Gateway Theatre of Shopping, the East Coast’s regional mall, is undergoing a multimillion-rand refurbishment. “The revitalisation of the megamall, which has been something of a trailblazer in the... 

JSE-listed real estate investment trust Redefine Properties has significantly simplified its asset platform and is now well positioned for organic growth. The company also reduced its loan-to-value... 

Financial company RMB has partnered with Cape Town retail, commercial and lifestyle precinct V&A Waterfront (V&A), jointly held by Growthpoint and Government Employees Pension Fund as the... 

Distributor of consumer goods to Africa, Massmart, has opened its new flagship Riversands distribution centre in Riversands, Gauteng. The company announced that it had officially opened its new... 

JSE-listed real estate investment trust (Reit) Octodec Investments has reported a material reduction in vacancies in the residential and industrial sectors for the financial year ended August 31,... 

German instrumentation and control company Vega opened its new 6 000 m2 Africa head office and warehouse, in Lanseria, on October 31, to enhance service in the country, as well as expand services... 

Serviced logistics parks company Inospace has launched its Inocircle online platform, which aims to resolve business pain points and add material value to small and medium-sized enterprises (SMEs),... 

JSE-listed Balwin Properties has reported sustained, strong demand for its apartments during the six months ended August 31. “Despite rising interest rates and a constrained economy, client demand... 

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... 

The Sandton Central precinct has launched a campaign to remind the public of the attributes, benefits and commercial opportunities presented by the country’s business capital. During lockdowns,... 

London-listed Grit Real Estate has reported a 3.5% year-on-year increase in net operating income from properties for the financial year ended June 30. Further, 92.8% of the value of its contracted... 

Information and communication technology (ICT) infrastructure and services company NTT, represented in South Africa by ICT company Dimension Data, has officially opened a new data centre in... 

Agroprocessing group Tongaat Hulett's board has determined that the company is in financial distress and has decided to start voluntary business rescue proceedings. The company reiterates in an... 

Cape Town’s V&A Waterfront (V&A) had now largely recovered from the effects of the Covid-19 pandemic, CEO David Green told journalists, at a media briefing on Wednesday. “We had a very tough couple... 

Cape Town’s V&A Waterfront was planning to double its solar energy capacity as part of its response to the ongoing power cuts imposed, on a rolling basis, across the country by national electricity...