Property demand pushes Rosebank to new market highs

Property punters say they are seeing increasing demand in the Rosebank precinct — with rentals surpassing those in Sandton and Melrose Arch.

Nedbank backs Umhlanga's new mixed-use development with R1bn

Umhlanga, a resort town north of Durban on the coast of KwaZulu-Natal, will soon get a new mixed-use office and retail development — thanks to Nedbank’s recent approval of R1 billion finance facility..

Seen at the JSE listing, Thabo Dloti – Group Chief Executive for Liberty, Amelia Beattie – CEO Liberty Two Degress, Peter Moyo – Chairman of Liberty Two Degrees and Seelan Goobalsamy – CEO Stanlib Asset Management

Liberty Two Degrees debuts on the JSE, raises R3.8bn

Liberty Two Degrees (JSE: L2D), which owns Sandton City with Pareto Limited, today listed on the main board of the Johannesburg Stock Exchange (JSE) — in the “Diversified REITs” sector.

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Investing >>

Investors should take advantage of Healthcare Reits

With growing interest in real estate investment trusts (Reits) and a desire for strong returns, it is time to consider listing a healthcare Reit, advises Ortneil Kutama, SA Commercial Prop News Media Director.

Gauteng >>

Menlyn Park Shopping Centre becomes one of the largest mall in Africa

After undergoing a R2-billion revamp over the past two years, the Pretoria based Menlyn Park Shopping Centre is now one of the largest mall in Africa, with a total floor space of 170 000m2.

KwaZulu-Natal >>

Durban’s King Shaka International Airport built without a feasibility study

Astonishing claims has surfaced, suggesting that the King Shaka International Airport in Durban was built without a feasibility study by Airports Company South Africa (Acsa).

Economy >>

Mid-Term Budget key highlights

Key highlights of Medium Term Budget Policy Statement 2016 (Mini Budget Speech) delivered by Finance Minister Pravin Gordhan in Parliament on Wednesday, Cape Town.

General News >>

The 2016 SA Women in Property Award winners announced

At a glittering event held at the Monte Casino Ballroom last night, the Women’s Property Network (WPN) celebrated the 2016 South African Women in Property Awards.

Companies >>

Shareholders back Redefine-Pivotal acquisition worth R11.8 billion

Redefine Properties (JSE: RDF), the JSE-listed internationally diversified real estate investment trust, has won overwhelming shareholder support in its takeover of property developer and capital growth fund Pivotal (JSE: PIV).

Africa Property >>

Mauritius Property — Investors’ Paradise

There is more to Mauritius than its picturesque beaches and easy island living, which is helping the country to attract a lot of interest from Global and South African property investors.

Global Property >>

Banks tighten the screws on Commercial Real Estate loans in Q3

Banks tightened standards on commercial real estate loans during the third quarter but left lending practices for commercial and industrial loans virtually unchanged overall.

RMB – A leading African Corporate and Investment Bank –  Read more

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