The property fraternity hopes mergers will deliver bigger, better and more liquid funds and draw the attention of fund managers. FILE PHOTO: Gandhi Square

Property pinch ‘to push consolidation’

Executives in the property sector have had a wild ride over the past year as South Africa’s economic woes continue to hit hard.

Historical Cape hospital acquired for R300m

Historical Cape hospital acquired for R300m

Cape Town - A building, housing the oldest private hospital in Cape Town CBD, Christiaan Barnard Memorial, has been bought by private developers for R300 million..

Investing >>

Although Bitcoin looks very appetizing, property remains a viable asset class in which to invest and still forms one of the most important investment cornerstones for many, says Ortneil Kutama.

Bitcoin outdoes Property but its future is unknown

Digital currencies like Bitcoin, are getting a lot of attention as a new asset class, but property remains solid for investment because of its defensive nature.

Gauteng >>

Alex Mall, featuring numerous popular clothing and interiors brands, was officially opened on Wednesday by Johannesburg Mayor Herman Mashaba.

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 >>

Current aerial view of Ballito Junction Mall opening on Thursday, 23 March 2017.

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 >>

Construction companies implicated in collusion have paid their first sum of R117m in terms of the settlement agreement they entered into with the National Revenue Fund, following the findings of investigations by competition authorities.

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 >>

Addressing Sapoa conference, Mark Stevens, Fortress Income Fund CEO said it was still highly risky to invest institutional capital in the likes of Nigeria, because property laws and regulatory frameworks were not strong enough yet.

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.

Nedbank CIB - Market leader in Commercial Property Finance

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