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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 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

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

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

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

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 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

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

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

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

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 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

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

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

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

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

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

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

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

13 Apr 2015 10:38

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