Property News

Residential property market experiencing renewed activity in various regions

Current economic and socio-political challenges aside, some ‘green shoots’ of renewed activity have appeared in the residential property marketplace in certain regions, which is over and above ongoing, sustained activity experienced in various key hubs, says Dr Andrew Golding, chief executive of the Pam Golding Property group. “For example, our Atlantic Seaboard office concluded exceptional […]

Property News

Residential property market experiencing renewed activity in various regions

Current economic and socio-political challenges aside, some ‘green shoots’ of renewed activity have appeared in the residential property marketplace in certain regions, which is over and above ongoing, sustained activity experienced in various key hubs, says Dr Andrew Golding, chief executive of the Pam Golding Property group. “For example, our Atlantic Seaboard office concluded exceptional […]

Property News

Fortress REIT to welcome Makro as first tenant at Cornubia Ridge

Fortress REIT Limited is preparing to welcome Makro as its first tenant at the 28-hectare Cornubia Ridge Logistics Park. Strategically located close to Durban’s thriving business and residential hub of Umhlanga (as well as King Shaka International Airport and the Dube Tradeport), Cornubia Ridge Logistics Park will host Makro’s 22nd store in South Africa which […]

Property News

SA REIT Best Practice Recommendations draft second edition available for comment

The SA REIT sector has released a draft second edition to its best practice recommendations for the public’s comment. The SA REIT Best Practice Recommendations was first published by the SA REIT Association in 2016 to make financial reporting of South African REITs more transparent and to improve comparability. The Best Practice Recommendations were driven […]

Property News

Prepaid meters idea solution to Eskom’s R24bn Municipal debt, says Government

Co-operative Governance Minister Zweli Mkhize recommends Prepaid meters as a solution to Eskom’s R24bn municipal debt According to Co-operative Governance Minister Zweli Mkhize, Eskom was owed more than R24 billion by the end of December, up from R17 billion in July last year. The Minister made the revelation in the national assembly on Wednesday while […]

Property News

Making sense of rental deposits

Just Property’s Shaun du Bois has some important advice for tenants on the ins and outs of how to protect (and get back) your deposit. Many tenants worry about the security of the deposit they pay on rental properties. Shaun du Bois of Just Property believes that education is key to their peace of mind. […]

Property News

SACSC’s 2019 Research Conference puts the spotlight trends, ‘Afripolitan’ consumers and technology

The spotlight is on retail trends, new ‘Afripolitan’ consumers and technology at the 9th Annual South African Council of Shopping Centres (SACSC) Research Conference, set to take place at the Maslow Hotel in Sandton Central, Johannesburg, on 03 April 2019. A mainstay event on SA’s shopping centre and retail industry calendar, this year’s SACSC Research […]

Property News

Sorry Edcon, we will not reduce Rent, says Growthpoint Properties

Edcon’s request for rental reduction was met with a major obstacle at SA’s largest landlord, Growthpoint Properties. After securing R2.7 billion, Edcon’s request for rental reduction was met with a major obstacle at SA’s largest landlord, Growthpoint Properties. The Unemployment Insurance Fund (UIF), debt holders and a number of landlords came to the rescue of […]

Property News

Sorry Edcon, we will not reduce Rent, says Growthpoint Properties

Edcon’s request for rental reduction was met with a major obstacle at SA’s largest landlord, Growthpoint Properties. After securing R2.7 billion, Edcon’s request for rental reduction was met with a major obstacle at SA’s largest landlord, Growthpoint Properties. The Unemployment Insurance Fund (UIF), debt holders and a number of landlords came to the rescue of […]

Property News

Emira works hard towards sustainability targets

Emira Property Fund is continuing to its positive impacts in environmental sustainability by increasing its use of renewable energy resources, expanding its water efficiency initiatives and phasing out the use of ozone depleting R22 refrigerant gas. The group has recently become the first company in Africa to have its carbon reduction targets approved by the […]

Property News

Emira works hard towards sustainability targets

Emira Property Fund is continuing to its positive impacts in environmental sustainability by increasing its use of renewable energy resources, expanding its water efficiency initiatives and phasing out the use of ozone depleting R22 refrigerant gas. The group has recently become the first company in Africa to have its carbon reduction targets approved by the […]

Property News

BIG Architecture designs first project for EPP’s Towarowa 22 in Warsaw

EPP has announced that the BIG Bjarke Ingels Group has developed an urban planning concept for the mixed-use development Towarowa 22. Warsaw will join major world cities, including Copenhagen, New York, Paris, Toronto, Abu Dhabi and Washington, in having the distinction of the world-famous BIG Architects buildings on their landscapes. EPP’s significant South African shareholder […]

Property News

BIG Architecture designs first project for EPP’s Towarowa 22 in Warsaw

EPP has announced that the BIG Bjarke Ingels Group has developed an urban planning concept for the mixed-use development Towarowa 22. Warsaw will join major world cities, including Copenhagen, New York, Paris, Toronto, Abu Dhabi and Washington, in having the distinction of the world-famous BIG Architects buildings on their landscapes. EPP’s significant South African shareholder […]

Property News

SACSC’s 2019 Research Conference to highlight ‘Afripolitan’ consumers and technology

The 9thAnnual South African Council of Shopping Centres’ Research Conference is set to take place at the Maslow Hotel in Sandton Central on the 3rdof April. This year’s conference will focus the spotlight on retail trends, new ‘Afripolitan’ consumers and technology. Sponsored by Excellerate JHB, the conference will host more than ten keynote speakers, bringing […]

Property News

SACSC’s 2019 Research Conference to highlight ‘Afripolitan’ consumers and technology

The 9thAnnual South African Council of Shopping Centres’ Research Conference is set to take place at the Maslow Hotel in Sandton Central on the 3rdof April. This year’s conference will focus the spotlight on retail trends, new ‘Afripolitan’ consumers and technology. Sponsored by Excellerate JHB, the conference will host more than ten keynote speakers, bringing […]

Property News

Sirius acquires Bochum business park

Sirius Real Estate has announced the completion of the acquisition of a business park in Bochum in the Ruhr region of Germany for a total consideration of €25.7 million equating to an EPRA net initial yield of 8.9%. The vendor is a fund managed by DOBA-Grund Beteilllgungs, Munich which forms part of the Doblinger Group, […]

Property News

Sirius acquires Bochum business park

Sirius Real Estate has announced the completion of the acquisition of a business park in Bochum in the Ruhr region of Germany for a total consideration of €25.7 million equating to an EPRA net initial yield of 8.9%. The vendor is a fund managed by DOBA-Grund Beteilllgungs, Munich which forms part of the Doblinger Group, […]

Property News

EPP grows asset base to R40 billion

EPP CEO, Hadley Dean says the company has experienced three consecutive years of growth. We currently have 100 million people visiting our shopping centres each year JSE-listed EPP, the Polish real-estate group in which Redefine Properties owns a 40% stake, last week said it had grown the size of its portfolio to R40 billion (EUR2.5 […]

Property News

Sorry Edcon, We will not reduce Rent — Growthpoint Properties

Edcon’s request for rental reduction was met with a major obstacle at SA’s largest landlord, Growthpoint Properties. After securing R2.7 billion, Edcon’s request for rental reduction was met with a major obstacle at SA’s biggest landlord, Growthpoint Properties. The Unemployment Insurance Fund (UIF), debt holders and a number of landlords came to the rescue of […]