A new R1 billion mixed-use development in Cape Town CBD has been given the go-ahead despite facing objections.
President Jacob Zuma’s 2017 State of the Nation Address (SONA) lacked the excitement needed to boost the economy and property market, the chairman of one of South Africa’s estate agency said on Thursday.
Having raised about R153 billion in the past six years, South Africa’s listed property sector is gaining ground and remains unaffected by a weaker economy growth.
Sandton Central, without doubt, has become the most important business and financial node in South Africa, and plausibly sub-Saharan Africa.
Western Cape >>
Cape Town continues to buck the trend and its International Airport is expected to reach a milestone in the next few weeks - 10 million passengers in a year for the first time.
Umhlanga, a resort town north of Durban on the coast of KwaZulu-Natal, will soon get a new mixed-use office and retail development — thanks to Nedbank’s recent approval of R1 billion finance facility.
South Africa’s economy will get a boost from perkier commodity prices, a benign inflation outlook, and better rains for the agriculture sector this year, a Reuters poll found on Thursday last week.
General News >>
SA Commercial Prop News, once again scooped the best digital publication of the year at the 2016 South African Property Owners Association (Sapoa) Property Journalism Awards — which were presented at galler dinner in Johannesburg.
Gerald Leissner was the Chief Executive Officer of Arrowhead Properties and a respected figure in the South Africa’s listed property industry.
Cement maker, PPC last month named Peter Nelson to replace Bheki Sibiya as its new chairman.
There is more to Mauritius than its picturesque beaches and easy island living, which is helping the country to attract a lot of interest from Global and South African property investors.
Since 1970 there has been a decline in the volume of houses being built in the United Kingdom. House building peaked in the early 1970s at 350,000 houses per annum.