When Growthpoint Properties and the Public Investment Corporation bought Cape Town's V&A Waterfront in early 2011, many observers at the time thought that it would take years, if not decades, for the new owners to unlock the iconic precinct's remaining 220,000m² development potential.
4 Dec 2013 16:04
The JSE's R249bn listed property sector has delivered a muted 7.3% total return for the first 11 months of this year‚ some way off the 17.92% achieved by the All Share index over the same period‚ according to figures released by Cape-based Catalyst Fund Managers.
By Joan Muller 13 Dec 2013 07:31
Accelerate Property Fund debuted on the JSE main board on Thursday (12 December) under the real estate holdings and development sector.
13 Dec 2013 07:18
Redefine International (RPL)‚ which has a primary listing on the London Stock Exchange and a secondary listing on the JSE‚ has completed the acquisition of the Weston Favell Shopping Centre‚ in Northampton in the UK‚ for GBP84m‚ the company said on Thursday, 12 December 2013.
12 Dec 2013 14:39
One of the premier shopping destinations of Vanderbijlpark and the Vaal Triangle, the Vaal Mall, will add 20,000sqm of retailing in a major expansion in 2014.
12 Dec 2013 11:18
Arrowhead Properties has bought a property letting enterprise and its related immovable properties at 55‚ 57 and 59 Glover Road‚ in Honeydew from Standard Bank for R150m.
10 Dec 2013 05:57
Liberty Group has sold 52.3 million Synergy B- linked units, representing a 34% interest in Synergy Income Fund, to Vukile Property Fund boosting its investment exposure to retail property and the Western Cape region.
6 Dec 2013 10:15
Rand Merchant Bank (RMB) will jointly fund a major US$182m A-grade office development in Lagos‚ Nigeria‚ the bank said on Wednesday (4 December).
5 Dec 2013 10:17
Synergy Income Fund aims to support young, talented students through internships and scholarships in partnership with Go for Gold and the University of Cape Town (UCT).
4 Dec 2013 11:47
The opening of Phase 4 of the Jubilee Mall in Hammanskraal late last week, was welcomed by local residents with over 200,000 visitors between 27 November and 1 December 2013 sampling the opening specials, fun activities, prizes, live entertainment and festivities.
4 Dec 2013 09:52
Sandton is set to see its first newly built hotel in four years, when 177 Empire Place, which is being developed by hotel group Executive Apartments and Hotels, opens next year.
By Alistair Anderson 3 Dec 2013 11:48
Internet penetration in South Africa is growing rapidly and this is opening up new opportunities across our economy. One industry under the spotlight is the property market and the role of the traditional estate agent. Property Switch is a company that believes it is time for technology to take centre stage in the real estate industry.
29 Nov 2013 12:22
Hyprop Investments will buy 87% of the issued shares of African Land Investments for R768m. African Land owns the Manda Hill shopping centre in Lusaka, Zambia.
29 Nov 2013 06:33
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