Construction Trends 2018

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The real reason why cities in sub-Saharan Africa aren't issuing municipal bonds
The real reason why cities in sub-Saharan Africa aren't issuing municipal bonds

Cities around the world have been financing their long-term investment needs through municipal bonds for centuries...

By Jeremy Gorelick 16 Feb 2018

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

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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
#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
#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 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
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
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
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
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 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
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

Discovery lets your ideas take flight in 3D
Discovery lets your ideas take flight in 3D

To match its 5-Star - Green Star rating by the Green Building Council South Africa, Discovery's global headquarters in Sandton Central houses a striking 3D artwork that has people talking...

1 Dec 2017

Louis van der Watt, Atterbury CEO; Morne Wilkin, CEO of Attacq; and Mike Jarvis, COO, Deloitte Africa
Sodding turning marks the start of construction for Deloitte's new Africa HQ

Construction on Deloitte's new Africa headquarters officially got underway with a sod-turning ceremony at Waterfall City, Gauteng....

27 Nov 2017

Sakhisizwe to break ground in December on Nelson Mandela Bay housing development
Sakhisizwe to break ground in December on Nelson Mandela Bay housing development

Developer Sakhisizwe will break ground in December on the first phase of the multi-billion rand Florida Heights integrated housing development in Nelson Mandela Bay...

22 Nov 2017

M1 Place given new lease on life with R85m revamp
M1 Place given new lease on life with R85m revamp

Growthpoint Properties has converted its ageing retail warehousing property M1 Place in Marlboro, Sandton, into a modern retail park, with an R85m revamp...

20 Nov 2017

InnovationQuarter’s Chris van Voorden presents a special plaque to Atterbury Europe’s CEO Henk Deist, on behalf of the City of Leiden, InnovationQuarter and the NFIA. Photography: © Daniel Verkijk
Atterbury opens European headquarters in Leiden

South African property developer Atterbury opened its new European headquarters in Leiden, Netherlands on Friday, 10 November...

14 Nov 2017

Asrin Property Developers breaks ground on Cedar Place development
Asrin Property Developers breaks ground on Cedar Place development

Construction has begun on Asrin Property Developers' 98-unit Cedar Place development in Grassy Park in Cape Town. Handovers are expected to begin on 31 October 2018...

13 Nov 2017

Serengeti Estates launches The Whistling Thorns apartments
Serengeti Estates launches The Whistling Thorns apartments

Located on the second fairway of The Whistling Thorn, Serengeti Estate's nine-hole golf course, The Whistling Thorns apartments comprise 188 units with architecture and design by DHK Architects...

10 Nov 2017

SA cities rank poorly on latest Schroders Global Cities Index
SA cities rank poorly on latest Schroders Global Cities Index

South African cities leave much to be desired, that is according to the latest released Schroders Global Cities Index...

1 Nov 2017

Morné Wilken
Morné Wilken resigns as Attacq CEO

Property developer Attacq said on Tuesday, 24 October, that Morné Wilken had resigned as its director and the CEO, effective from 31 December...

By Elsie Nyalela 25 Oct 2017

Discovery's new global HQ certified green
Discovery's new global HQ certified green

Discovery's new 112,000m2 global head office in Sandton Central has received a five-star Green Star rating by the Green Building Council South Africa (GBCSA)...

19 Oct 2017

Construction set to start on Umhlanga Arch
Construction set to start on Umhlanga Arch

Last week saw the official ground breaking of A-grade catalytic development Umhlanga Arch in Durban...

18 Oct 2017

SCAPIN via
In need of hotel rooms, Seychelles' govt tells developers to begin projects or lose them

Eight out of 18 tourism projects excluded from a moratorium on large hotels in Seychelles could be reallocated if the project backers don't begin construction within a year...

17 Oct 2017

Facelift underway at Ithala's northern region centres
Facelift underway at Ithala's northern region centres

Ithala has commenced a refurbishment programme to revitalise township and rural economies at its retail centres in Nongoma, Ulundi and Eshowe in northern KwaZulu-Natal...

Issued by Ithala Development Finance Corporation 17 Oct 2017

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Emira upbeat over conversion of office block to residential

Emira Property Fund is confident that its first asset conversion of a property from office to residential will succeed and that this will prompt the company to complete more value-enhancing property conversions...

By Alistair Anderson 12 Oct 2017

Dobsonville Mall R114m extension, upgrade complete
Dobsonville Mall R114m extension, upgrade complete

Dobsonville Mall, owned by Vukile Property Fund, recently completed its R114m extension and upgrade...

6 Oct 2017

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