Sustainability requires audacious leadership and commitment that comes from a desire to do good by the environment and society, this commitment always goes beyond just compliance” says Dorah Modise.

A snapshot of SA energy regulatory framework

The building stock in the world consumes approximately 40% of the energy and emits one third of the total greenhouse gases emissions (GHG).

Investing >>

The property sector has a role to play in helping businesses meet this new employment need and support global businesses as they adapt to flexible working.

The current state of Flexible Working

A survey of 15,000 professionals in 80 countries by IWG has revealed that a towering majority find flexible working to be “the new normal.”

Companies >>

Robin Lockhart-Ross, Chairman of the Special Ad Hoc Subcommittee at Fortress, said the company wanted the FSCA to adequately probe parties that had made accusations against Fortress.

PwC report clears Fortress on market manipulation allegations

A report released recently by advisory firm PwC, has found no conclusive evidence to confirm market manipulation allegations made against Fortress REIT Ltd (JSE: FFA and FFB).

Gauteng >>

MMC for finance Doctor Nkosindiphile Xhakaza said the budget increase was as a result of the city’s commitment to investing in capital and infrastructure projects.

Ekurhuleni sets aside R50bn to industrialize the city

The City of Ekurhuleni tabled its R48.9 billion budget for the 2019/2020 financial year on Thursday, R11.4bn more than the previous financial year.

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 >>

Trade and Industry Minister Rob Davies approved a licence for the establishment of the Nkomazi special economic zone (SEZ) in 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 >>

Business and consumer confidence are low and this places strain in certain property sectors, such as the office and retail markets, says Ortneil Kutama

New Cabinet — The Last Gleam of Hope

President Cyril Ramaphosa on Wednesday announced the new Cabinet, a move that has been much anticipated by the South African property sector seeking growth in the country.

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.

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.