Balwin Properties on track to maintain current growth

Balwin Properties, which made an entry on the JSE in October, on Wednesday announced its financial results for the six months ended 31 August 2015.

Vukile's diversification strategy en route

Retail-focused Vukile Property Fund grew its distribution payouts by 7% in the half year to September, slightly below expectations. But CEO Laurence Rapp said he was pleased at how the company’s portfolio had been refined..

Construction Industry >>

More trouble for Murray & Roberts from Grayston bridge collapse

Murray & Roberts, already facing possible claims for death and injury after last month's pedestrian bridge collapse in Johannesburg, is expecting to be hit with penalties of R5-million to R6-million due to delays in the project.... Full story

Property Auctions >>

Krejcir’s luxury properties up for grabs

In what promises to be the most high profile auction event of the year, two luxury multi-million rand mansion properties belonging to Czech fugitive, Radovan Krejcir, will be going on auction.... Full story

Retail Property >>

Shopping centre boom faces challenges

South Africans' devotion to the shopping centre has been a driver for retail property developments for decades. This desire to shop in large malls now permeates other parts of Africa too.... 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

Leisure and Hospitality >>

Total income for accommodation industry up 8.1% y/y in July

Total income for SA's tourist accommodation industry rises 8.1% in nominal terms in July 2015 compared with July 2014.... Full story

Housing / Residential >>

Nedbank, DBSA collaborate to fund R120m Affordable Green Housing

In a ground-breaking move and first for South Africa, Nedbank and Development Bank of Southern Africa (DBSA) agreed to collaborate on funding sustainable green housing in the affordable housing market.... Full story

Western Cape >>

New visa requirements hit Cape Town property sales

Sales to foreign buyers across Cape Town’s Atlantic Seaboard and City Bowl are down by more than 30% year-on-year despite the more attractive pricing facilitated by the slump in the value of the rand against the Pound Sterling, Euro and Dollar.... Full story

Africa Property News >>

Dual currency real estate funding, may solve headaches in sub-Saharan Africa

Dual currency funding structures can bring stability and robustness to real estate deals in sub-Saharan Africa, as developers and retailers seek solutions to the volatility currently faced in their domestic economies. ... Full story

International Property News >>

U.S. Property trends ring true in South Africa

SA Commercial Prop News has leaned that the American property market will be strong enough to withstand an interest rate hike by the Federal Reserve Bank there, according to a report by Bank of America Merrill Lynch.... Full story

Property Market >>

Upswing in demand for Commercial Property

Recent activity on the auction floors shows that investors are now chasing yields. Commercial real estate is seen as one of the safest investments to park capital during volatile equity and exchange rate environments. ... Full story

Company News >>

Stor-Age listing on JSE brings a unique proposition

Stor-Age Property REIT becomes South Africa's first self storage property fund to list on the JSE's main board, bringing to the market a R1.3 billion portfolio of properties.... Full story

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