Romney Park, previously a five-star all-suite hotel in Green Point, now offers for fully furnished apartments.

Why Property Investors are going for ‘Aparthotels’

‘Aparthotels or serviced apartments are a relatively recent phenomenon growing in popularity among property investors wanting to mitigate risk.

Investing >>

Commenting ahead of the 2020 State of the Nation Address (SONA), Galetti CEO, John Jack says boosting property investor confidence, recouping industry losses and a clear plan of action is needed.

SONA 2020: Industry players call for action to boost Property Investor Confidence

The 2020 State of the Nation Address (SONA) is on everyone’s minds and it’s clear that our President and his cabinet have a lot of work ahead of them.

Companies >>

Vukile Property Fund CEO Laurence Rapp says the company is delighted with the strong support received from the auction.

R500 million Vukile unsecured bond oversubscribed

Vukile Property Fund, on Tuesday, announced that its R500 million senior unsecured corporate bonds with three and five-year maturities were both substantially oversubscribed.

Gauteng >>

Richard Maponya, the property developer of Soweto’s mega shopping center, Maponya Mall, died early on Monday at the age of 99.

Soweto's humble Property Giant, Richard Maponya praised for Township Development

Business icon Richard Maponya, who died early on Monday, has been praised for establishing Soweto's mega R650m Maponya Mall that opened in 2007. It was the first investment of its size in a township in South Africa.

Western Cape >>

Taking a bet on an economic recovery in South Africa, Private developer Amdec, is trying to repeat its success in Cape Town with its new R14 billion development, Harbour Arch, about 4km from the V&A Waterfront

Big Property Developments expected to fire up Cape Town

A number of new modern commercial and luxury residential developments, including hotels, are on track to come out of Cape Town’s soil, setting existing establishments in the area aflutter with dreams of tourist gold.

KwaZulu-Natal >>

Equites CEO, Andrea Taverna-Turisan, says a transaction of this size with a client of Pepkor’s stature, will assist to further cement the company’s aim of being recognised as a developer of choice to the largest logistics

KZN gets R1.3 billion Warehouse facility to house Pepkor

Equites Property Fund (JSE: EQU), whose footprint extends to the UK, said on Tuesday that it will be developing a 122 734 square metre logistics warehouse facility in Hammarsdale, KwaZulu Natal to house JSE-listed retailer Pepkor (PPH).

Mpumalanga >>

Trade and Industry Minister Rob Davies approved a licence for the establishment of the Nkomazi special economic zone (SEZ) in Mpumalanga.

R7bn to boost Industrialization in Mpumalanga’s Nkomazi

The recent designation of the Nkomazi Special Economic Zone (SEZ) in Mpumalanga will contribute significantly to the economic and industrial development of the Nkomazi region and the province at large.

Infrastructure >>

Appearing before Parliament’s Standing Committee on Public Accounts (Scopa) on Tuesday, Public Works and Infrastructure Minister Patricia de Lille unveiled the department’s plans to address the climbing Eskom debt.

Public Works resolving Eskom municipal debt

The Department of Public Works and Infrastructure (DPWI) has begun reconciling and verifying debt owed to Eskom by the country’s 257 municipalities.

International News >>

Forward-thinking shopping centre owners are collating myriad data sets, including shopper behaviour, retailer sales and the performance of retail categories into advanced analytics tools that provide highly visual insights.

How advanced data analytics is boosting shopping centre performance

Shopping centre owners for years have been investing in technology – from cutting-edge facial recognition, to understanding how people shop with WiFi – to stay relevant and profitable.