Africa — A challenging environment for Real Estate Investment

Property Investors are still concerned that a lack of strong legal structures and reliable rules are making the decision to invest in other African countries difficult as opposed to investing in Europe — SA Commercial Prop News has learned.

The Buffet Group has substantial investments in the property sector across the country and we believe this transaction provides a good platform for further transactions with the group, said Indluplace CEO Carel de Wit

Indluplace, Buffet Group in R1.4 billion Property deal

Residential focused REIT, Indluplace and Buffet Group have jointly acquired a R1.4 billion portfolio of 2,914 residential units with 3,400m² retail space spread mainly across Gauteng and KwaZulu-Natal.

Investing >>

Listed Property wades through hard times

It’s getting harder for listed property companies to repeat their former successes in the current South African landscape, according to Ortneil Kutama, SA Commercial Prop News Media Director.

Companies >>

Octodec coining it on City housing as demand surges

JSE-listed real estate investment trust (Reit) Octodec has identified city housing as an area of large growth in property opportunities in the next few years.

Gauteng >>

Thousands flock to Alex Mall for Inauguration

Despite consumers’ seemingly waning appetite for retail therapy, Alex Mall, featuring numerous popular clothing and interiors brands, was officially opened on Wednesday by Johannesburg Mayor Herman Mashaba.

KwaZulu-Natal >>

New Ballito Junction Mall ready to trade despite dwindling consumer spending

The much-awaited Ballito Junction Mall located in KwaZulu-Natal's North Coast holiday town of Ballito, will be opening to the public on Thursday, March 23 despite other Mall Owners feeling the pinch amid dwindling consumer spending.

Construction Industry >>

Colluding Construction giants reach aggreement with Government

Construction companies that colluded around the 2010 Fifa World Cup Stadium projects, have paid their first sum of R117m in terms of the settlement agreement they entered into with the National Revenue Fund.

Africa Property >>

Mauritius Property — Investors’ Paradise

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.

Global Property >>

EU real estate markets hold ground against geopolitical uncertainty

Although commercial property markets is some parts of Europe experienced a slight downturn last year, investors appear unfazed by the geopolitical uncertainty and Brexit.

General News >>

South Africa celebrates 23rd birthday — Freedom Day

SOUTH AFRICA today celebrates 23 years of Independence. Twenty-two million South Africans cast their votes in the national elections on 27 April 1994, marking the dawn of democracy.

Mon Tresor Business Gateway

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