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... read more>>
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...
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...
Vukile Property Fund raised R1.1bn in an oversubscribed book-build yesterday, suggesting continued investor confidence in the listed property sector... read more>>
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... read more>>
Despite commercial property outperforming all other asset classes for the quarter of 2015, slow economic growth and high operating cost inflation, especially rates and taxes, and electricity are challenging the sector... read more>>
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... read more>>
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