Property News

The nitty gritty of investing in heritage properties

Dating back more than three centuries, South Africa’s oldest city is blessed with a rich architectural heritage and preserving the integrity of Cape Town’s historical buildings for future generations is of incontrovertible importance. “The National Heritage Resources Act (Act 25 of 1999) broadly defines a historical structure as any building older than 60 years,” says […]

Property News

Residential building stats: continued evidence of diverging trends

Continued evidence of some diverging trends at segment level in the planning and construction phases of residential building activity. Although the gap in building activity in South Africa with regard to new private sector-financed housing in the planning and construction phases narrowed to some extent recently, diverging trends across segments are still evident. As mentioned […]

Property News

Mall of Africa scoops several SACSC Footprint Marketing Awards

‘South Africa’s Coolest Mall‘, according to Sunday Times Generation Next, the Mall of Africa scooped several awards at the recent annual South African Council of Shopping Centres (SACSC) Footprint Marketing Awards. The Footprint Marketing Awards seek to recognise exceptional shopping centre marketing, innovation and creative achievements, together with economic success, within the South African property […]

Property News

Spear REIT Limited defies subdued property sector with interim results

Spear REIT Limited has released their FY2020 interim results for the six months to end of August 2019 announcing a 7% growth in distribution compared to the prior year interim period. “Amidst the tough trading conditions and the subdued performance of the real estate sector as a whole in South Africa, Spear should be one […]

Property News Uncategorized

Displaced minibus-taxis to relocate to Foreshore holding area

The City of Cape Town has identified a site in the Foreshore as an alternative remote holding area for minibus-taxi operators who have been displaced from the Station Deck facility. The site is situated on the harbour side between DF Malan and Christiaan Barnard Streets and borders on FW de Klerk Boulevard. Work is underway […]

Property News

CBRE Excellerate announces partnership with the Gyro Group

CBRE Excellerate has announced its appointment as the single property management partner by the Gyro Group for its Properties and Towers Portfolio. Under the terms of the contract, CBRE Excellerate will provide a comprehensive property and utilities management service for Gyro Group, a subsidiary of Telkom – a leading information and Technology (ICT) provider in […]

Property News

PropertyFox enhances digital offering for agents

Digital disruption in the South African property market is continuing, this time with the introduction of an innovative agent sales platform from consumer-focused digital property company, PropertyFox. A new ‘PropertyFox Agent’ division will allow agents access to the most innovative sales tools in South Africa, reducing time-consuming admin and paperwork to almost nothing – and introducing […]

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New book released, ‘Demystifying Sectional Title’

A minefield of new legislation and the growing popularity of communal living in South Africa are among the factors behind a new book aimed at educating and informing those living, buying or leasing property in a sectional title complex or residential estate or, anyone who deals with community housing schemes. Co-author Marina Constas, who is […]

Property News

Entrepreneurial growth to drive the Cape’s commercial property demand

Boosting entrepreneurial and small business growth is not just an objective of national government, but the City of Cape Town (in partnership with the private sector) is also looking to boost the local economy. Earlier this year, the City of Cape Town announced that it would soon open a business hub to provide small, medium and micro […]

Property News

Rejuvenated La Lucia Mall to relaunch this October

La Lucia Mall is leading the way in aesthetically fresh, modern shopping experiences. It recently completed a major upgrade that has modernised and reimagined its entire retail space and, unlike many other 40-plus-year-old buildings, it now sets the bar for contemporary mall design trends. Shoppers will enjoy its welcoming new entrances, airy atria, higher shopfronts, […]

Property News

2019’s winners of the SA Women in Property Awards announced

The Women’s Property Network (WPN) has announced the winners of the 2019 SA Women in Property Awards (SAWIPA). The awards celebrate the accomplishments of the national finalists and winners, and their impact in the commercial property sector. SAWIPA recognises outstanding leadership, commitment and success in individuals and organisations that have stepped up and shaped women’s […]

Property News

L2D’s Melomed offers leading medical support to Richards Bay community

Situated on the outskirts of Richards Bay at the John Ross Eco Junction Melomed Hospital was initially opened in January 2018, offering a 200-bed facility with state-of-the-art equipment that caters to a large under serviced community of Zululand. After obtaining the licence and being fully equipped with a catheterisation laboratory to add to the range […]

Property News

Redefine COO announces retirement in 2020

Redefine Properties has announced that its Chief Operating Officer, David Rice will retire on 31 August 2020, after more than a decade of service. A veteran with over thirty years of experience in the property sector, Rice joined Redefine in 2009, becoming its COO in 2011. His current responsibilities include all aspects of asset management […]

Property News

Emira’s Ulana van Biljon named Top Woman in Property

After being named as a finalist in the 16th annual Standard Bank Top Women Awards by Topco Media and Communications, Ulana van Biljon, Chief Operating Officer at Emira Property Fund, was honoured with the top award in the property category. The Standard Bank Top Women Awards recognises those whose efforts have been uplifting women in […]

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Residential property sales are increasing says RE/MAX

The South African property market has been experiencing a lull since early last year, with national house price growth struggling to outpace inflation. However, according to Adrian Goslett, Regional Director and CEO of RE/MAX of Southern Africa, the results of the RE/MAX National Housing Report for Q3 2019 reveal that we might be on our […]

Property News

Sandton Gate awarded green 4-Star certification

Sandton Gate, located in South Africa’s economic powerhouse, has been awarded a 4-star certification under the Green Star SA Sustainable Precincts v1.1 tool, following the project’s second-round submission in mid-August. Phase 1 of the development achieved a 5-Star Green Star SA Office v1.1 Design certification in July 2019. Committing to both Precinct and New Build […]

Property News

Sandton Gate awarded green 4-Star certification

Sandton Gate, located in South Africa’s economic powerhouse, has been awarded a 4-star certification under the Green Star SA Sustainable Precincts v1.1 tool, following the project’s second-round submission in mid-August. Phase 1 of the development achieved a 5-Star Green Star SA Office v1.1 Design certification in July 2019. Committing to both Precinct and New Build […]

Property News

Sandton Gate awarded green 4-Star certification

Sandton Gate, located in South Africa’s economic powerhouse, has been awarded a 4-star certification under the Green Star SA Sustainable Precincts v1.1 tool, following the project’s second-round submission in mid-August. Phase 1 of the development achieved a 5-Star Green Star SA Office v1.1 Design certification in July 2019. Committing to both Precinct and New Build […]

Property News

Winelands commercial sector experiencing significant shifts

A decade of corporate semigration and decentralisation fueled the Winelands commercial sector, with increased demand boosting development, however, this has begun to taper off, precipitating a number of significant market shifts. According to Kobus Conradie, Commercial Expert for Lew Geffen Sotheby’s International Realty in Paarl, the commercial market has been significantly impacted by rampant development […]

Property News

Winelands commercial sector experiencing significant shifts

A decade of corporate semigration and decentralisation fueled the Winelands commercial sector, with increased demand boosting development, however, this has begun to taper off, precipitating a number of significant market shifts. According to Kobus Conradie, Commercial Expert for Lew Geffen Sotheby’s International Realty in Paarl, the commercial market has been significantly impacted by rampant development […]

Property News Uncategorized

Displaced minibus-taxis to relocate to Foreshore holding area

The City of Cape Town has identified a site in the Foreshore as an alternative remote holding area for minibus-taxi operators who have been displaced from the Station Deck facility. The site is situated on the harbour side between DF Malan and Christiaan Barnard Streets and borders on FW de Klerk Boulevard. Work is underway […]