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

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 […]

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

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

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

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

Section 12J hospitality fund launched

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 […]