Property News

Barloworld Park Precinct redevelopment set to begin construction in May

The Barlow Park Precinct’s redevelopment will begin before mid-year. The R3 billion plus project will transform the Sandton Central landmark site from a corporate office park into a vibrant, modern mixed-use precinct. The park previously housed Barloworld’s corporate office, logistics and equipment head offices. In collaboration, Barloworld, Atterbury and African Rainbow capital are working on […]

Property News

Grit Real Estate thriving despite the odds

Grit Real Estate CEO, Bronwyn Corbett says the company deployed the $132.2 million of capital raised from the London Stock Exchange Listing to complete strategic acquisitions in Ghana and Mozambique. JSE’s pan-African property fund and LSE-listed Grit Real Estate is keeping its head above water at a time when volatility is a byword for Africa’s […]

Property News

Workspace evolution: how flexible working is transforming economies

Office and co-working space in Braamfontein, At the heart of a busy commercial and business district, it’s a desirable address that’s ideal for work and networking alike. The rise of flexible working has transformed the business landscape. Driving this revolution are workspace providers such as Regus, who’ve provided professionals with more choices in the way […]

Property News

Landlords cash in on Prime Office Space

Discovery Group pays R23 million a month to rent its plush global headquarters in Sandton. The building is considered to be “the largest single-phase commercial office development in Africa.” Appetite for well-positioned P-grade (Prime grade) Offices appears to go against the grain of the current sluggish national economic climate — SA Commercial Prop News has […]

Property News

Full text of South Africa’s Budget Speech 2019

Read full text of Finance Minister Tito Mboweni’s national budget speech 2019-20, presented in the National Assembly, Cape Town on Wednesday. Image gallery Read full text of Finance Minister Tito Mboweni’s national budget speech 2019-20, presented in the National Assembly, Cape Town on Wednesday. Madam Speaker, In the 2019 State of the Nation Address, our […]

Property News

Budget 2019: Government to pour R69 billion into cash-strapped Eskom

Finance Minister, Tito Mboweni delivered his maiden Budget address, revealing plans to help Eskom financial and operational crisis. South Africa’s Finance Minister, Tito Mboweni delivered his maiden Budget address, revealing plans to help Eskom financial and operational crisis — and do urgent maintenance to secure the supply of electricity. Eskom’s financial and operational crisis loomed […]

Property News

Global lift and escalator industry players to explore Africa’s market potential

Global Lift & Escalator Expo (GLE Expo) is an ideal platform for the elevator, escalator, components and accessories manufacturers to showcase their products and technologies. The Elevator and Escalator (E&E) industry is abuzz with the news of the Global Lift & Escalator Expo (GLE Expo) entering the African market. GLE Expo is an ideal platform for the […]

Property News

Advisory panel on land reform makes progress

Addressing the colloquium, Planning, Monitoring and Evaluation Minister Nkosazana Dlamini-Zuma said land is a key asset to drive development, the reform of which must address socio-economic issues. The ten-member expert Advisory Panel on Land Reform has its hands full with a looming deadline to submit a policy perspective to the Presidency that will drive land […]

Property News

Fairvest returns places group in the top two performing REITs

Fairvest Property Holdings Limited has announced solid results for the six months to December 2018, with an interim distributions increasing by 8.3% to 10.616 cents per share. Darren Wilder, Chief Executive Officer comments: “Fairvest’s focus on a differentiated sector of the market and its unrelenting drive to excel at property fundamentals, have allowed investors to […]

Property News

Beautifully created bespoke property brochures

We live in a world where the attention span of people seems to be getting shorter and shorter asgenerations continue, this is where real estate agents need to implement smart marketing methodsto not only get the attention of potential customers but to also stand out from their competition toincrease brand awareness and build engagement. Residential […]

Property News

Hammerson releases results for the year ended 31st December 2018

David Atkins, Chief Executive of Hammerson, said: “2018 was a tough year particularly in the UK. Tenant failures, the structural shift in retail and a more considered consumer created a difficult operating environment, putting pressure on property values. Outside of the UK our destinations performed better with a strong contribution from premium outlets”. “We believe […]

Property News

Property Forum calls on government to help construction industry

The construction industry is hemorrhaging with an increasing slowdown in approval processes by local and provincial governments and it is costing the Western Cape thousands of jobs which could potentially lead to a loss of scarce skills.  According to the Western Cape Property Development Forum, property developers (and other industry professionals) have voiced numerous concerns […]

Property News

How to buy a home off-plan

Placing your trust in a developer to deliver the home of your dreams when all you’ve seen are artists’ impressions, requires a leap of faith. However, there are many benefits to buying off-plan, particularly from a developer with an established track record. Clifford Oosthuizen, MD of Westbrook Property Developments, believes the most important thing property […]

Property News

Submissions open for the 2019 SAPOA Property Journalism Awards for Excellence

SAPOA and Excellerate have once again partnered for 2019’s installment of the Property Journalism Awards for Excellence which recognise and honor South African property journalists who have made noteworthy contributions to the commercial and industrial property industry through quality media coverage.  The theme for this year’s awards is Authentic Journalism is a Good Business Practice. […]