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Move for new council chamber
Move for new council chamber

The Mandela Bay Development Agency (MBDA) has been given the nod to investigate the possibility of building a new council chamber in the old Port Elizabeth Post Office building...

30 Apr 2015 10:10

Shoppers find retail excellence at Emoyeni Mall
Shoppers find retail excellence at Emoyeni Mall

The Emoyeni Mall opened its doors on Friday 24 April to provide top quality, convenient shopping for the communities of Daantjie, Msogwaba, Pienaar, Kabokweni and Kanyamazane...

30 Apr 2015 08:39

The general time frame for establishing a real estate agency
The general time frame for establishing a real estate agency

Best case scenario, a franchisee can be up and running and doing far more than just recovering his overheads within six months, but on average could take as long as three years to become fully established, highly competitive, maybe even the market leader...

29 Apr 2015 11:15

V&A Waterfront awarded two new green building ratings
V&A Waterfront awarded two new green building ratings

The Green Building Council of South Africa (GBCSA) has awarded the V&A Waterfront's Victoria Wharf and its BP Building 4-star 'Existing Building' ratings, reflecting the buildings' high-level environmentally friendly and sustainable operating efficiency...

28 Apr 2015 13:50

382 Jan Smuts Ave to undergo green retrofit
382 Jan Smuts Ave to undergo green retrofit

Following 382 Jan Smuts Avenue's recent renovations are pending green retrofits, allowing for occupancy cost reduction for its tenants...

28 Apr 2015 10:50

Redefine-Leaf Capital deal underpins commitment to sustainable business practice
Redefine-Leaf Capital deal underpins commitment to sustainable business practice

Redefine Properties has acquired Leaf Capital, a deal which significantly boosts the company's Western Cape office portfolio and underpins its commitment to sustainable business practices...

24 Apr 2015 14:20

Vukile nets R1.1bn for acquisitions
Vukile nets R1.1bn for acquisitions

Vukile Property Fund raised R1.1bn in an oversubscribed book-build yesterday, suggesting continued investor confidence in the listed property sector...

By Alistair Anderson 24 Apr 2015 07:25

Unlisted funds 'would benefit' from Reit status
Unlisted funds 'would benefit' from Reit status

Investors in South African property syndicates should get some peace of mind if unlisted property funds attain real estate investment trust (Reit) status later this year, Growthpoint Properties MD Estienne de Klerk said yesterday...

By Alistair Anderson 23 Apr 2015 14:50

Everyone on board the billion rand Vukile bandwagon
Everyone on board the billion rand Vukile bandwagon

Vukile Property Fund opened its book build yesterday, 22 April 2015, to raise R750 million capital. The robust demand for Vukile units was heavily oversubscribed, even after being extended to R1.1 billion...

23 Apr 2015 10:06

SA's largest "holistic housing" development to break ground by 2018
SA's largest "holistic housing" development to break ground by 2018

South Africa's largest mixed-use residential development, the multibillion-rand Coega Ridge holistic housing estate between Motherwell and Coega outside Port Elizabeth, is set to break ground in 2018...

22 Apr 2015 13:42

Financially responsible South Africans hold off on spending
Financially responsible South Africans hold off on spending

It seems middle class South Africans are beginning to cut back on the money and time spent on "frivolous" items, such as holidays, to balance their household budgets and focus on paying off their properties...

22 Apr 2015 13:10

Atlantic Leaf posts maiden adjusted HEPS of 8.28 pence
Atlantic Leaf posts maiden adjusted HEPS of 8.28 pence

Atlantic Leaf Properties on Monday reported that its maiden full-year adjusted headline earnings per share came in at 8.28 pence...

21 Apr 2015 14:25

Redefine all set for August takeover of Fountainhead
Redefine all set for August takeover of Fountainhead

Redefine Properties, SA's third-biggest real estate investment trust, hopes the takeover of Fountainhead Property Trust will be finalised by August...

By Alistair Anderson 20 Apr 2015 13:00

Fountainhead Property market cap surges 48.1%
Fountainhead Property market cap surges 48.1%

Property group Fountainhead (FPT) has seen its market cap grow by nearly 50% between February 2014 and February 2015‚ to about R12bn...

By Colleen Goko 20 Apr 2015 12:30

Rebosis records 8.2% distribution
Rebosis records 8.2% distribution

Rebosis Property Fund grew its distributions 8.2% and net property income 10.1% in the six months to February, focusing on improving buildings rather than new acquisitions...

By Alistair Anderson 20 Apr 2015 12:15

Tru-Cape goes City Deep as part of closer-to-market strategy
Tru-Cape goes City Deep as part of closer-to-market strategy

Marking the completion of Tru-Cape Fruit Marketing's closer-to-market strategy is the launch of its City Deep Johannesburg facility...

20 Apr 2015 10:15

V&A Waterfront and OPEN open co-working hub at Watershed
V&A Waterfront and OPEN open co-working hub at Watershed

Last week marked the launch of the V&A Waterfront and OPEN's Workshop17, an innovation and co-working hub at the V&A Waterfront; a space dedicated to enabling and showcasing solutions for Africa; a co-working hub for people to work, meet and accelerate ideas for positive social and economic impact.

20 Apr 2015 10:00

Saving on energy not nearly as difficult as you think, says Clarke
Saving on energy not nearly as difficult as you think, says Clarke

In the midst of power outages, on the verge of another cold winter, and with the foreseen electricity price increase, South African households simply have to find ways of cutting down on their energy costs, says Tony Clarke, MD of the Rawson Property Group...

17 Apr 2015 09:55

Muted growth, yet retailers will still seek to expand - Broll Retail Consumer Survey
Muted growth, yet retailers will still seek to expand - Broll Retail Consumer Survey

Muted growth is expected for the retail sector, but retailers targeting the value chain will continue to show growth slightly higher than sector averages...

16 Apr 2015 11:10

Brown updates SA on electricity shortages
Brown updates SA on electricity shortages

Public Enterprises Minister Lynne Brown has called on Eskom's residential and business customers to use energy sparingly as the winter season approaches...

16 Apr 2015 09:21

Consumer indebtedness inhibits growth of affordable housing market
Consumer indebtedness inhibits growth of affordable housing market

Despite the positive impact that the opening up of risk appetite adjusted has had on housing affordability, high debt levels in the consumer market and growing regulatory constraints on lending are inhibiting the growth of the market in South Africa...

15 Apr 2015 15:15

Tsogo to build 500-room hotel complex in Cape Town
Tsogo to build 500-room hotel complex in Cape Town

Tsogo Sun (TSH) would begin construction of a 500-room hotel complex in Cape Town's city centre‚ the gaming and hotel group said on Tuesday...

By Zeenat Moorad 15 Apr 2015 13:50

Casino rivals unite to increase Cape share
Casino rivals unite to increase Cape share

Tsogo Sun and Sun International will be spending much of this month trying to persuade the Competition Tribunal to ignore the Competition Commission's recommendation that their planned Cape market-share agreement be prohibited...

By Ann Crotty 14 Apr 2015 11:00

Engel & Völkers expands with a commercial division in JHB
Engel & Völkers expands with a commercial division in JHB

In response to the growth of the local commercial property market, Engel & Völkers is expanding its team of commercial property specialists across the country, working in tandem with its residential experts...

14 Apr 2015 07:05

Eskom implements stage two load shedding
Eskom implements stage two load shedding

Eskom implemented stage 2 load shedding from 10am yesterday and this was likely to continue until 10pm this evening...

13 Apr 2015 10:38

Good people scarcer than good properties
Good people scarcer than good properties

When Redefine Properties unexpectedly announced in August last year that founder Marc Wainer (66) would step down as CE, shareholders no doubt had a few sleepless nights. Redefine is the JSE's second-largest real estate counter, with a market cap of R46,7bn...

By Joan Muller 13 Apr 2015 07:08

Draft Bill on home defect disclosure needs more teeth
Draft Bill on home defect disclosure needs more teeth

The proposed new legislation which requires estate agents to recommend a home inspection to all prospective buyers is a welcome step towards greater transparency in the buy/sell process. But it doesn't go far enough...

By Ronald Ennik 10 Apr 2015 10:50

Delta International expands Mauritius Stock Exchange listings
Delta International expands Mauritius Stock Exchange listings

Delta International, the first Africa-dedicated property fund listed on the JSE's AltX bourse, has been given permission to list up to 29-million additional ordinary shares on the Stock Exchange of Mauritius (SEM) as it looks to continue its growth across Morocco and Mozambique...

By Alistair Anderson 9 Apr 2015 12:20

Vontas hopes to resurrect Bonatla and expand into Africa
Vontas hopes to resurrect Bonatla and expand into Africa

Hopes of getting Bonatla Property shares trading after a five-year suspension since 2010 suffered a setback last week when the JSE publicly censured the group's founder, Niki Vontas, for his actions in 2009 to get its previous suspension in 2004 lifted...

By Alistair Anderson 8 Apr 2015 10:45

Knight Frank wealth report indicates Africa's growth potential
Knight Frank wealth report indicates Africa's growth potential

Knight Frank's latest Wealth Report Attitudes Survey indicates a slight decrease in Africa's growth potential in wealth from 89% last year to an estimated 82% for 2015, but still the continent is third on the list, with North America first and Latin America at 85%...

2 Apr 2015 12:30

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