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.

Heriot REIT Limited lists on AltX to raise cash for expansion

Heriot REIT Limited (JSE:HET) listed in the Real Estate sector on the JSE’s AltX board as a Real Estate Investment Trust on Monday..

JSE-listed Hyprop Investments grows its Eastern Europe footprint but faces pressure back home following the closure of Stuttafords stores at its malls.

Hyprop grows its Eastern Europe footprint but faces pressure back home

Hyprop Investments (JSE:HYP), the owner of blue chip malls such as Johannesburg’s Rosebank Mall, Hyde Park Corner and Canal Walk in Cape Town, is actively expanding its Eastern European property business.

Investing >>

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.

Companies >>

Mara Delta considers new name, aspires to list in London

Headquartered in Mauritius, the largest pan-African property fund Mara Delta, has rebranded and will be known as Grit Real Estate Income Group Limited, the company announced on Monday.

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 >>

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.

International 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.

Nedbank CIB -  Market leader in Commercial Property Finance

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