Mthatha’s R1.4bn BT Ngebs City officially opens

BT Ngebs City, the newest regional shopping mall in the Eastern Cape Province town of Mthatha, officially commenced trading today. ... Full story

Expression of interest by Foreign Investors rises

Foreign investment in South Africa's listed property appears to be continuing unabated, with the bulk of offshore shareholders coming from Europe and the U.S.... Full story

Legal and Policy >>

SA Property Owners upset with ban of Foreign Land Ownership in SA

Last week's announcement by President Jacob Zuma during his State of the Nation Address (SONA), regarding proposal to restrict foreign nationals from owning land, has disappointed the South African Property Owners Association (SAPOA).... Full story

Office Property >>

Nedbank Capital backs Stats SA's new Head Office Project

Statistics South Africa (Stats SA) has boosted its financial resources for development of the R1,4 billion new head office accommodation project through a R1,15 billion loan from Nedbank Capital.... Full story

Retail Property >>

Low-income malls bear brunt of austerity

The outlook for the retail sector in the short term is uneven, JLL South Africa says in its first quarter report, with centres serving lower-income groups expected to face challenges while those in the higher living standards measure brackets can look forward to greater stability.... Full story

Industrial Property >>

Industrial Property has to be nimble

Property groups are shifting to clean industrial properties focussed on light manufacturing, warehousing and distribution as harder manufacturing struggles, SA Commercial Prop News has learnt.... Full story

Housing / Residential >>

Housing Affordability — It’s Complicated

Housing affordability is a tricky issue to define because so much of it depends on a host of factors not necessarily related to housing, SA Commercial Prop News has learned.... Full story

Western Cape >>

Cape Town grants Tutu’s body a leasing property deal

The City of Cape Town is considering offering a leasing property deal for the Desmond & Leah Tutu Legacy Foundation with the hope that it will help rejuvenate the grimy inner city centre. ... Full story

KwaZulu-Natal >>

KZN gets biggest share in SA's 2015 Budget

The KwaZulu-Natal province will receive the largest share of the budget of all the provinces in terms of equitable share, according to Finance Minister Nhlanhla Nene's 2015/16 budget tabled in the National Assembly on Wednesday.... Full story

Eastern Cape >>

Property Owners welcome Jordaan’s appointment as PE Mayor

The South African Property Owners Association (SAPOA) has welcomed the appointment of SA Football Association (Safa) President, Danny Jordaan as the new Mayor of Nelson Mandela Bay Municipality, Port Elizabeth.... Full story

Property Market >>

SA’s reputation not affecting Property Sector

South Africa’s listed property industry and real estate housing sector are under threat from a weakening economy and diminishing reputation, SA Commercial Prop News has leant.... Full story

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Africa Property News

Africa Property News