Construction Trends 2018

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Property developers will face cash flow pressure due to VAT on temporary rental of residential units

The curtains have come down on section 18B of the Value-Added Tax Act, No. 89 of 1991 (VAT Act) and the resultant impact may catch a few residential property developers off-guard...

By Chetan Vanmali, Des Kruger and Andile Miya 13 Feb 2018

R900m Ambassador Hotel redevelopment set for completion mid-2018

Situated in Victoria Road on Cape Town's Atlantic Seaboard, the old Ambassador Hotel is currently being redeveloped into ultra-luxurious apartments...

24 Jan 2018

City of Cape Town appoints acting commissioner for TDA

The City of Cape Town has appointed Gershwin Fortune, portfolio manager for Integrated Transport, as acting commissioner for the Transport and Urban Development Authority (TDA) with immediate effect...

22 Jan 2018

Montague Properties partners Eltherm to mitigate 'dead legs' at Jackal Creek Golf Estate

Montague Properties recently partnered with heat tracing specialists Eltherm South Africa to overcome temperature maintenance challenges in the Jackal Creek Golf Estate water reticulation system...

12 Jan 2018

#BizTrends2018: Malls think outside the box to win over shoppers

Time. There is never enough of it. It is an increasingly valuable commodity for all South Africans across the entire social and economic spectrum...

By Paul Gerard 12 Jan 2018

#BizTrends2018: A recipe for innovation in a cash-strapped country

In today's rapidly changing and fiercely competitive marketplace, it is innovative brands that come out on top. The big problem is that only a few companies in South Africa are spending enough money on research and development...

By Werner van Antwerpen 9 Jan 2018

FWJK awards R535m construction contract to Concor Western Cape

FWJK recently announced that it has awarded a construction contract worth R535m to Concor Western Cape for the construction of its new 16 on Bree residential development in Cape Town's city centre...

20 Dec 2017

Refurbishment, extension for Kwagga Mall

Located in Kwaggafontein, Mpumalanga, Kwagga Plaza is being refurbished by MDS Architecture for McCormick Property Development...

19 Dec 2017

Mall size on the rise says study

A recent study conducted on behalf of the South African Council of Shopping Centres (SACSC) has determined that malls are getting bigger...

14 Dec 2017

Shipping containers and commercial property - a sign of the times

The development of shipping containers in the 1950s transformed the face of the transport industry...

By Leon Breytenbach 11 Dec 2017

Barlow Park Campus in Sandton to be redeveloped

In one of the major unlisted real-estate transactions of 2017, Barloworld, Atterbury and African Rainbow Capital have partnered as co-investors in the redevelopment of the prime Barlow Park Campus, located at 180 Katherine Street, Sandton...

By Alistair Anderson 8 Dec 2017

Asrin begins construction of Chapel Towers in Zonnebloem

Asrin Property Developers has begun construction on the Chapel Towers development in Zonnebloem, Cape Town...

6 Dec 2017

Giuseppe Plumari named Nedbank Business Person of the Year

CEO of Steyn City Properties Giuseppe Plumari was recently named Business Person of the Year at this year's Nedbank Business Excellence Awards...

5 Dec 2017

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International

SA group seals R5bn Saudi water deal

SA-based investment company PSG Group has not had to wait long for its investment in GrahamTek, a desalination and water purification company, to start paying off. On Tuesday, 6 February, GrahamTek confirmed it had clinched a R5bn contract to build a desalination plant in Saudi Arabia.

By Marc Hasenfuss 8 Feb 2018

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