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R33m refurbishment of Rustenburg Waterfall Mall
R33m refurbishment of Rustenburg Waterfall Mall

Growthpoint Properties has begun its R33-million worth of refurbishment to Rustenburg's Waterfall Mall, scheduled to be complete by December this year.

20 Aug 2014 14:50

City Lodge to expand in East Africa
City Lodge to expand in East Africa

City Lodge Hotels has set aside R475m to build two new hotels in East Africa, and is looking for other opportunities to add hotels in capital cities across East and Southern Africa, the company said.

19 Aug 2014 10:38

Deville Centre to be revitalised
Deville Centre to be revitalised

Having taken over the management of the mixed-use DeVille Centre in Durbanville, Spire Property Management has instituted revitalisation programmes, beginning with an increase in free parking time, which has seen an immediate increase in tenant turnover.

18 Aug 2014 12:05

Resilient gives shareholders 20,9% more in payouts
Resilient gives shareholders 20,9% more in payouts

Des de Beer and his team's ability to make money for Resilient shareholders is underscored by the 20,9% increase in income payouts achieved for the year to June.

By Joan Muller 18 Aug 2014 09:32

Cavendish campaign focuses on green initiatives
Cavendish campaign focuses on green initiatives

The Cavendish Square in Cape Town has recently been awarded the 2013 City of Cape Town, SAPOA & ESKOM Energy Efficiency Forum Award in the single building category, for its progressive initiatives in creating an energy efficient, sustainable shopping centre.

18 Aug 2014 09:17

Vunani Property acquires Edcon Place for R150m
Vunani Property acquires Edcon Place for R150m

Vunani Property Investment Fund (VPF) announced on Thursday, 14 August 2014, that it had acquired the office block‚ Edcon Place‚ located in the Johannesburg CBD for R150.47m.

By Alistair Anderson 15 Aug 2014 15:25

Unpacking consumers needs, wants from retail environments
Unpacking consumers needs, wants from retail environments

At the annual congress of South African Council of Shopping Centres in Cape Town on 20-22 August, Peter Gold, CBRE: MD of EMEA Retail Cross Border Retail will discuss what consumers expect from shopping centres and retailers.

15 Aug 2014 12:12

Pam Golding on Main attracts top tenants
Pam Golding on Main attracts top tenants

The redevelopment of the new P-Grade (or AAA Grade) office and retail building, Pam Golding on Main in Kenilworth, Cape Town is progressing well, with the completion date set for May 2015.

14 Aug 2014 11:34

Insurers expect some earthquake claims
Insurers expect some earthquake claims

Hundreds of insurance claims have flooded in after the earthquake that rocked parts of South Africa this week.

By Adele Shevel 14 Aug 2014 05:50

Plan to lease Granary to Tutu's Legacy Foundation
Plan to lease Granary to Tutu's Legacy Foundation

The City of Cape Town is proposing a sweet property deal for The Desmond & Leah Tutu Legacy Foundation with the hope that it will help rejuvenate the grimy inner city centre.

13 Aug 2014 11:35

Exclusive retail lease agreements hamper leasing opportunities
Exclusive retail lease agreements hamper leasing opportunities

Exclusivity clauses hamper leasing opportunities that could potentially benefit property assets even though such agreements assist the initial development of the asset.

By Preston Gaddy 13 Aug 2014 10:36

Matlosana Mall's effect 'to be felt far afield'
Matlosana Mall's effect 'to be felt far afield'

Redefine's R1bn super-regional Matlosana Mall in Klerksdorp will open its doors in October and is expected to serve as a development catalyst for the surrounding area.

6 Aug 2014 15:42

Some of Sanral's tolling 'secrets'
Some of Sanral's tolling 'secrets'

Blacked-out documents relating to Sanral's tolling plans for the N1 and N2 highways in the Western Cape - that have kept secret for years - were released on Tuesday (5 August) by the Cape Town High Court

6 Aug 2014 11:39

Job cuts set to resume at Telkom
Job cuts set to resume at Telkom

Telkom's Chief Executive Sipho Maseko has told investors that the company's objectives are to lower the cost of human capital, improve financial performance and bring leadership closer to customers.

By Thabiso Mochiko 6 Aug 2014 10:41

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