Property pinch ‘to push consolidation’

Executives in the property sector have had a wild ride over the past year as South Africa’s economic woes continue to hit hard.

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..

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.

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.

Nedbank CIB -  Market leader in Commercial Property Finance

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