Kwazulu-Natal’s aerotropolis boosts property interest

There is significant interest from property investors on the north coast of Durban due to increased economic activity at Africa's first purpose-built aerotropolis, the Dube TradePort, home to King Shaka International Airport.

Acquisitions push Rebosis Property Fund’s portfolio up R18.6 billion

Black-owned property group, Rebosis Property Fund pushed up total assets under management to R18.6 billion after a R6 billion acquisition that will substantially increase the group’s exposure to retail assets..

Investing >>

Direct property outperforms other assets

Despite South Africa's economic and social headwinds, 2015 proved a good year for direct commercial property and for those attuned to its peculiarities.... Full story

Retail Property >>

Long-awaited Mall of Africa officially opens

SA’s mega shopping centre ever built in a single phase, the Mall of Africa in Midrand, worth a whopping R5 billion — has opened its doors to the fervent long-awaiting public.... Full story

Leisure and Hospitality >>

Tsogo looks to Hospitality Property Fund tie-up

Following its recent SunWest International and Worcester Casino acquisitions, Tsogo Sun is planning to capture 50% of Hospitality’s ordinary shares.... Full story

Housing / Residential >>

Hike in interest rate a setback for property buyers

The Monetary Policy Committee’s decision to further increase the repo rate steady was unfortunate off the back of the January hike and given the pressing need to help stimulate growth in South Africa’s economy... Full story

Gauteng >>

City of Joburg draws big investments, Mayor says

Johannesburg City mayor Parks Tau delivered his State of the City Address (Soca), saying the city’s economy has grown significantly thanks to various developmental initiatives put in place by his administration.... Full story

Economy >>

Uncertainty looms ahead of Pravin Gordhan's case

Newspaper reports say Finance Minister Pravin Gordhan is facing imminent arrest for his role over the rogue unit formed during his tenure as South African Revenue Service (SARS) commissioner. ... Full story

General News >>

SAPOA signs pact with The Black Conveyancers Association

The South African Property Owners Association (SAPOA) has signed a memorandum of understanding with The Black Conveyancers Association (BCA), it said on Tuesday.... Full story

Company News >>

Delta Property Fund to reduce its debt

Black-managed Delta Property Fund has raised R658m through disposal of non-core assets to be used for debt reduction, said CEO Sandile Nomvete.... Full story

Global Property >>

Redefine, Tower and Hyprop boost offshore arms

Given the poor performance of the rand and inflation, It has become a growing trend that South African listed property companies are broadening their offshore footprint, particularly in Eastern European countries.... Full story

PROPERTY DEVELOPERS: BOXER IT IS!

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