Seen at Central Square, Menlyn Maine ribbon cutting, were Billy Masetlha, Francois Roos, Ngoako Ramatlhodi, Gauteng Premier David Makhura, Cllr Randall Williams and Kapei Phahlamohlaka Property Investments PIC.

A look at Tshwane’s R1.8 billion mixed-use green development

Central Square, a R1.8 billion mixed-use development which opened on Wednesday. is set to become a prominent landmark in Menlyn Maine district of Tshwane – the country’s first “green city” precinct.

Listed property groups are shifting to clean industrial properties focussed on light manufacturing, warehousing and distribution centres due to a lack of demand for harder manufacturing facilities.

Potential seen in Industrial Property Sector

Compared particularly to the retail market, less so the office sector, there is a growing view in the market that the industrial property sector is worthy of a more detailed assessment.

Investing >>

There are a number of retail development opportunities in the buoyant South African property sector, according to Robin Lockhart Ross, Managing Executive of Property Finance at Nedbank Corporate and Investment Banking.

Retail Property opportunities abound, but tread carefully

THERE are a number of retail development opportunities in the buoyant South African property sector but potential investors and developers must ensure they have investigated the project thoroughly before committing huge resources.... Full story

Gauteng >>

At least 11 new shopping centres have been planned for Pretoria East, raising the likelihood of an over-supply of retail stock in the region.

Oversupply of Retail Space no good news to Pretoria East

Shopping Centre demand in Pretoria East is almost tipping over, but more malls are still coming online — raising the likelihood of an over-supply of retail stock in the region.... Full story

Western Cape >>

Atterbury, the main company behind Gauteng’s Waterfall City, has broken new ground with the commencement of the internal works at Richmond Park in Milnerton, Cape Town.

Work starts on a multi-billion rand project in Western Cape

Construction work has finally begun on a multi-billion rand mixed-use property development located in an industrial node of Milnerton, Cape Town.... Full story

KwaZulu-Natal >>

Demand for prime land in the R25-billion mixed-use Cornubia development is on the rise.

Cornubia attracts property investors

Cornubia Industrial and Business Estate (CIBE), located in KwaZulu-Natal’s northern corridor, has emerged as a focal point for property investors.... Full story

Economy >>

The South African Reserve Bank left the repo rate at 7%. The prime lending rate, the figure charged by commercial banks, will remain at 10.5%.

Reserve Bank maintains interest rates at 7%, raises growth forecast

Pretoria – The South African Reserve Bank on Thursday, left the repo rate at 7 percent for a third consecutive time this year, raising its forecast for economic growth to 0.4 percent.... Full story

General News >>

Auditor General Kimi Makwetu reports the number of municipalities which received clean audits increased from 13 to 54 in the last five financial years

R15bn irregular municipalities expenditure shock for SA

Pretoria — Irregular as well as unauthorized expenditure in the SA’s municipalities has more than doubled since the current administrations took office five years ago, to R14.75bn, Auditor General Kimi Makwetu revealed Wednesday.... Full story

Company News >>

Echo Polska Properties CEO, Hadley Dean was present to commemorate the company's entry on the Johannesburg Stock Exchange (JSE).

Echo Polska Properties successfully lists on JSE

Echo Polska Properties N.V. (EPP) on Tuesday listed on the JSE's main board, bringing to the market a R19.5 billion (EUR 1.2 billion) property portfolio consisting commercial office and retail assets across Poland.... Full story

Construction Industry >>

Murray & Roberts CEO, Henry Laas says the company would be selling its construction and building business.

Murray & Roberts shifts focus, quits the lucrative Construction sector

Construction giant Murray & Roberts (JSE: MUR), which helped building South Africa's 2010 FIFA World Cup stadium projects, is exiting infrastructure and building business markets.... Full story

Africa Property >>

Mara Delta remains bullish under the African growth story, with the company announcing that it will invest a further R1.580bn (US$ 110 million) into Mozambique real estate market.

Mara Delta to inject R1.5bn towards Mozambican property market

Despite Africa’s slowdown, Mara Delta remains bullish under the African growth story, with the company announcing that it will invest a further R1.580bn (US$ 110 million) into Mozambique real estate market.... Full story

Global Property >>

Echo Polska Properties CEO, Hadley Dean believes the upcoming listing on the JSE comes at the perfect time as many local investors seek to diversify by gaining exposure to offshore property.

Echo Polska Properties upbeat over Poland’s real estate market in the wake of Brexit

Echo Polska Properties (EPP), which lists on the JSE in September following a listing on the Euro MTF market of the Luxembourg Stock Exchange (LuxSE) in August, remains excited about the prospects for the Polish real estate market despite the current volatility in Europe and other markets around the world.... Full story

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