The development of Capital Mall in Pretoria will be phased with 60,000 sqm Gross Leasable Area (GLA) planned to open towards the end of 2021.

Green light for R1.2 billion shopping mall in Pretoria

The development by one of SA’s oldest rural shopping centre developers, McCormick Property Development (MPD), of a massive shopping mall in Pretoria West costing at least R1.2 billion has been given the green light.

Redefine Properties interim income grows 4%

Redefine Properties (JSE: RDF) which said last week that Sipho Pityana had replaced Marc Wainer as its chair, today reported that it had increased its interim distribution below inflation by 4 per cent to 49.2 cents

Investec Australia Property Fund CEO Graeme Katz says the proceeds from the capital raising will be used to repay debt and pay the costs associated with the offer.

Investec Australia Property Fund to raise R1bn prior to ASX listing

Investing >>

In September 2018, President Cyril Ramaphosa appointed a ten-member Panel to advise him on the way forward with regards to land reform and expropriation without compensation

Presidential Advisory Panel finalizing report on Land Reform

The Expert Advisory Panel on Land Reform is currently finalizing its report for consideration by the Inter-Ministerial Committee and the Presidency.

Companies >>

Atlantic Leaf Properties posts healthy results

Atlantic Leaf Properties Limited (JSE: ALP), which focuses on commercial property assets in light-industrial nodes in the UK, today released its results for the year ended 28 February 2019.

Gauteng >>

R850 million Mall of Tembisa gets off the ground

Tembisa residents will soon no-longer have the need to travel as far as Midrand and Kempton Park in search of quality retail therapy as construction of Mall of Tembisa commenced early April.

Western Cape >>

The R7 billion investment will include the refurbishment of the domestic arrival’s terminal, the expansion of the international terminal and a new realigned runway

R7 billion earmarked for Cape Town International Airport upgrades

Cape Town International Airport is in for R7 billion infrastructure upgrades planned over the next five years.

KwaZulu-Natal >>

Makro Store will be housed within the Cornubia Ridge Logistics Park, which is adjacent to the Gateway precinct and accessible from all major highways including the M41 and the N2.

Makro expands in Durban’s booming Cornubia

Cornubia, a multi-billion rand mixed-use development in the northern corridor of Durban, has welcomed the new state-of-the-art Makro Store scheduled to start operating this week.

Mpumalanga >>

R7bn to boost Industrialization in Mpumalanga’s Nkomazi

The recent designation of the Nkomazi Special Economic Zone (SEZ) in Mpumalanga will contribute significantly to the economic and industrial development of the Nkomazi region and the province at large.

Economy >>

Growth in South Africa is expected to marginally improve from 0.8% in 2018 to 1.2% in 2019 and 1.5% in 2020

IMF lowers South Africa's economic growth forecasts

Citing policy and political uncertainty, the International Monetary Fund (IMF) on Tuesday lowered its forecast for South Africa's economic growth in 2019, from 1.5 percent to 1.3 percent.

Construction Industry >>

Sephaku Holdings CEO Lelau Mohuba, says the company embarked on cost-cutting measures that include reducing the number of board members from ten to seven.

Sephaku reveals cost-cutting plan despite net profit rise

Building and construction-materials group, Sephaku Holdings, says it has embarked on a cost-reduction programme aimed at reducing head office expenses.

International >>

Forward-thinking shopping centre owners are collating myriad data sets, including shopper behaviour, retailer sales and the performance of retail categories into advanced analytics tools that provide highly visual insights.

How advanced data analytics is boosting shopping centre performance

Shopping centre owners for years have been investing in technology – from cutting-edge facial recognition, to understanding how people shop with WiFi – to stay relevant and profitable.

Infrastructure >>

Eskom said that there will be no load shedding this week as the outlook looks favorable, with plants performing better than last week.

Eskom suspends load shedding after days of blackouts

Over the weekend, Eskom said that there will be no load shedding this week as the outlook looks favorable, with plants performing better than last week.

Most Popular