Author: admin

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 […]

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 […]

‘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 […]

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 […]

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 […]

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 […]

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 […]

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, […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

Equites Property Fund Limited has announced distributable earnings for the six months to 31 August 2019 up 31.1% year-on-year. On a per-share basis, dividends increased by 9.3% to 74.43 cents, compared to 68.12 cents in the comparative period.  This growth was largely driven by robust like-for-like rental growth of 7.3%. Net asset value per share […]

Equites Property Fund Limited has announced distributable earnings for the six months to 31 August 2019 up 31.1% year-on-year. On a per-share basis, dividends increased by 9.3% to 74.43 cents, compared to 68.12 cents in the comparative period.  This growth was largely driven by robust like-for-like rental growth of 7.3%. Net asset value per share […]

Equites Property Fund Limited has announced distributable earnings for the six months to 31 August 2019 up 31.1% year-on-year. On a per-share basis, dividends increased by 9.3% to 74.43 cents, compared to 68.12 cents in the comparative period.  This growth was largely driven by robust like-for-like rental growth of 7.3%. Net asset value per share […]

Investment into Section 12J venture capital vehicles has seen a huge uptake over the last twenty-four months as investors have realised the extraordinary tax incentive offered by SARS. Section 12J of the income Tax Act provides South African taxpayers with a 100% tax deduction on the amount invested. This allows South African taxpayers (individual, company or trust) to […]