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Technology boost for Nepi Rockcastle's Romania malls

Shopping Centers Promenada and Mega Mall, which are part of the NEPI Rockcastle portfolio, are the first malls in Romania to implement the Google indoor mapping service.
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SA's Retail Sector is in trouble but Mall Owner managed to eke out growth

Although South Africa’s economic strife has dimmed prospects for a long-term revival in consumer spending, shopping centre owner, Hyprop Investments (JSE: HYP) is still managing to eke out growth.

Offshore Companies take the lead in SA’s Listed Property

The South African Listed Property sector is wading off many challenges including a weak economy, a volatile rand and tenant struggles. Much of the sector is now offshore which is providing support to investors returns.
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Stor-Age diversifies into UK market with R1.3 billion acquisition

Stor-Age Property REIT [JSE: SSS] has diversified its portfolio entering the UK self storage market — with an estimated R1.3 billion acquisition of the region’s sixth largest self storage operator, Storage King.
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Joburg Mayor targets 500 hijacked buildings for Affordable Housing

City of Johannesburg Mayor Herman Mashaba vowed to reclaim 500 hijacked buildings, as part of his campaign to bring safety and order back to the area.
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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.
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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.
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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.
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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.
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