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  The transaction is complementary to the Fund’s existing investment into the European logistics sector   Investec Property Fund, (“IPF” or “the Fund”) through its wholly owned subsidiary Investec Property Fund Offshore Investments Proprietary Limited (“IPFO”), is pleased to announce the acquisition of a 25% interest in an unlisted portfolio and pipeline of properties located […]

John Rabie, famously known for developing one of SA’s most successful mixed use development, Century City in Cape Town, has expanded to Portugal in a joint venture. John Rabie, famously known for developing one of SA’s most successful mixed use development, Century City in Cape Town, has expanded to Portugal in a joint venture. Over […]

On Freedom Day, 27 April 2019, a generation after the fall of Apartheid, a further 66 residents of Vukuzenzele (which means stand up and do it for yourself) in Cape Town received title deeds to properties they have occupied for decades. During all those years they were denied the right to own their homes. They […]

Modern technology is a great aid when selling – or buying a home, as it provides an initial visual and impression of the home, price range and general location. But for many sellers, show days are a must, and will never go out of fashion, says Pam Golding Properties, for a number of reasons, including […]

John Rabie, famously known for developing one of SA’s most successful mixed use development, Century City in Cape Town, has expanded to Portugal in a joint venture. John Rabie, famously known for developing one of SA’s most successful mixed use development, Century City in Cape Town, has expanded to Portugal in a joint venture. Over […]

John Rabie, one of South Africa’s most successful property developers, has recently embarked on a substantial new venture in Portugal. In a joint venture with Geneva-based GMG Real Estate, Europe-domiciled Neworld (the new operational body that will spearhead Rabie’s residential and mixed-use developments beyond South Africa) is leveraging homegrown expertise to create a brand-new, €90-million […]

This month, Africrest Properties opened their latest residential conversion project and the first tenants have started moving in. The building, now known as ‘The Leo’, was once the head office of Investec Bank. The building was sold many times over and several years later it had fallen into a state of disrepair. After a lot […]

This month, Africrest Properties opened their latest residential conversion project and the first tenants have started moving in. The building, now known as ‘The Leo’, was once the head office of Investec Bank. The building was sold many times over and several years later it had fallen into a state of disrepair. After a lot […]

JSE and Luxembourg Stock Exchange-listed EPP has raised R1.45bn in capital through share sales so that it can buy a portfolio of shopping centres in Poland, and cement its position as the largest retail landlord in eastern Europe’s largest economy. The company had initially set out to raise €75m (R1.2bn) worth of equity but interest […]

The vision for inner cities is to create environments where people can live, work and play through densification, mixed-use buildings and affordable housing. In August, last year, the City of Johannesburg launched the prospectus of 71 properties that have been released to the private sector for development, hoping to see cranes operating in the inner […]

Navigating banking systems is almost always stressful and time-consuming. This is especially true when it comes to applying for a home loan. Buyers, despite their best efforts, are not always successful when trying to obtain a bond independently. Imagine reapplying time and again, not entirely sure why the bank keeps denying your finance; it’s a […]

Navigating banking systems is almost always stressful and time-consuming. This is especially true when it comes to applying for a home loan. Buyers, despite their best efforts, are not always successful when trying to obtain a bond independently. Imagine reapplying time and again, not entirely sure why the bank keeps denying your finance; it’s a […]

Home-sharing app Airbnb to be regulated in South Africa as Hotel Industry loses millions. A call on South African government to crack down on Airbnb, widely echoed by some hospitality groups, has been fulfilled by the Tourism Amendment Bill which was published last week. The Tourism Business Council of South Africa says the country’s hotels […]

In September 2018, President Cyril Ramaphosa appointed a ten-member Panel to advise him on the way forward with regards to land reform and expropriation without compensation The Expert Advisory Panel on Land Reform is currently finalizing its report for consideration by the Inter-Ministerial Committee and the Presidency. Therefore, there is no final draft that has […]

CEO Paul Leaf-Wright said, “2018/2019 was a tough year for property companies and we are pleased that notwithstanding the challenging environment, we were still able to deliver an increase in distributions to shareholders.” Atlantic Leaf Properties Limited (JSE: ALP), which focuses on commercial property assets in light-industrial nodes in the UK, today released its results […]

Forward-thinking shopping centre owners are collating myriad data sets, including shopper behaviour, retailer sales and the performance of retail categories into advanced analytics tools that provide highly visual insights. Shopping centre owners for years have been investing in technology – from cutting-edge facial recognition, to understanding how people shop with WiFi – to stay relevant […]

The saga between small operators and large hotel groups over Airbnb regulation in South Africa, takes a new twist after a business lobby group says it is considering legal steps to challenge a new bill. The saga between small operators and large hotel groups over Airbnb regulation in South Africa, takes a new twist after […]

CEO Sisa Ngebulana returned to the helm a month after Mazwai’s departure and has been selling Rebosis’s office assets since. JSE-listed real estate investment trust (Reit) Rebosis Property Fund shares slumped pushing the loss of value to nearly 81% in a year. Founded in 2010, the largest black-managed and owned listed property group, has been […]

The recent ruling by the Supreme Court of Appeal where the body corporate of Gardens Lodge in Cape Town was found to have charged a “patently exorbitant” interest rate on levies that were outstanding, is a lesson to many other bodies corporate in the way members’ outstanding levy accounts should be managed, says Michael Bauer, […]

Private sector-financed building activity in the South African market for new housing showed divergent trends in early 2019. The number of building plans approved for new housing was down by 19,8% year-on-year, or 2 160 plans, to 8 739 plans in the first two months of the year, whereas the volume of new housing units […]

The digital revolution has altered our lives in just two decades, impacting almost every aspect of our lives however, experts believe that we have yet to experience the most dramatic transformation. Once a futuristic concept, smart cities are already an established trend in Europe and the United States, with Mauritius leading the way for South […]

House hunting has advanced considerably over the last three years. Gone are the days where local flyer drops and property advertisements were the main source of buyers. These days, it is all about digital, from the web where buyers can find a host of properties, do digital walk-throughs and send immediate enquiries directly to agents […]

The Amdec Group has recently unveiled its latest development, The Yacht Club. This R1.5 billion, mixed-use property includes 170 luxury residential apartments, 6 000 square meters of premium grade office space spanning two levels and, Africa’s first AC Hotel by Marriott. The group acquired the 11 816 square meter strip of vacant land on the Cape Town […]

intu Properties and Cale Street Investments LP have announced the establishment of a 50/50 joint venture for the intu Derby shopping centre. Cale Street, an investment firm backed by the Kuwait Investment Office in London, will acquire for cash the 50 per cent interest for consideration which values the company’s share of the property at […]

An artist impression showing the entrance of the R850 million Mall of Tembisa on Gauteng’s East Rand. Construction of Mall of Tembisa commenced early April and is set to be built in the township’s most densely populated area as retail boom continues. McCormick Property Development (MPD) has confirmed that it is currently developing a new […]