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Aucor Property Head of Commercial Mark Kleynhans says we went into 2014 with a consecutive outlook- the last quarter of 2013 was challenging from a macro-economic perspective despite what was seen to be a good festive season from a retail perspective.

Aucor Property basks in strategic big sales

The Aucor Property group is basking in strategic sales following big sales involving the Douglasdale Village Shopping Centre in Johannesburg and the Siyabuswa Shopping Centre in Mpumalanga that fetched R87,775 and R34.5-millions, respectively in the first quarter of 2014. ... Full story

From L to R; Rob Wesselo of IHS, Sibusiso Luthuli, CEO Eskom Pension and Provident Fund, Soula Proxenos, Managing Partner of IHS, Fagmeedah Petersen-Lurie, CIO of Eskom Pension and Provident Fund.

Eskom pension sets aside R100m for Low cost housing development in SA

IN a move likely to boost the development of housing in South Africa, Eskom Pension and Provident Fund has pledged R100-million towards the development of 20 000 new low cost houses in the country.

Nedbank and New Age Property Developers eye Mitchell's Plain upliftment

Nedbank Affordable Housing Development Finance has committed R180-million for the construction of the next phase of the Watergate Estate in Mitchell's Plain in the Western Cape.

Delta chief operations officer and chief financial officer Bronwyn Corbett said the deal was a "big coup" for the company given the 11% yield on each property.

Delta set to acquire two office buildings in a R488m deal

JSE-listed black-controlled Delta Property Fund will spend nearly half a billion rand for two office buildings in Durban: the Old Mutual Centre and The Marine from Old Mutual Life Assurance Company.

Given the poor performance of local listed property stocks in 2013, South African investors have been offered opportunities to look for offshore investments.

Listed Property Market looks Offshore

Given the poor performance of local listed property stocks last year, South African investors have been offered opportunities to look for offshore investments.

New retail centre opens at Waterfall Business Estate

Waterfall Corner, a prime neighbourhood convenience centre in the landmark Waterfall Business Estate, Johannesburg, officially launched last week on Thursday, 10 April 2014.

Auctioneer Paul Winterstein said it was noticeable that there had been a shift in sentiment from cash holdings in banks to investment in property.

Buyers seek income from Property

Auction Inc launched its auction year yesterday with a lively and well-attended sale that attracted serious buyers of income-earning properties.

Artist perspective of Tangawizi Motors at John Ross Eco Junction. The facility will accommodate four motor dealership brands namely Hyundai, Daihatsu, Renault and Honda.

John Ross Eco Junction grows apace with first new development

John Ross Eco Junction, a commercial industrial development grows apace with first new facility for Tangawizi Motors to accommodate four motor dealership brands namely Hyundai, Daihatsu, Renault and Honda.

In his budget speech, finance minister Pravin Gordhan lashed out, asking why the commercial property sector wasn’t honest in negotiating rentals with government.

S.Africa Government conned by Private Office Rentals

The department of public works spends over R3bn/year leasing office space in privately owned buildings on behalf of national government departments.

Cape Town Industrial Property Vacancies continue to reduce

The amount of vacant industrial premises to rent in Cape Town has steadily been reducing for the last 24 months, according to Tony Bales of Epping Property.

Since May last year, listed property has been on a roller-coaster ride in South Africa. The sector tends to move closely in line with bonds, as bonds and listed property are both income-generating investments.

Investment opportunity knocks for listed property sector

The fall in property stock prices since the US first raised the possibility of cutting down on its quantitative easing programme in the middle of last year has created a buying opportunity for investors.

Liberty Holdings on Monday announced it had entered into an agreement with Melrose Arch Investment Holdings (“MAIH”) to acquire an undivided 25% share in Melrose Arch Precinct, north of Johannesburg.

Liberty Group grabs 25% stake in Melrose Arch precinct

Financial service group Liberty Holdings on Monday said it had entered into an agreement with Melrose Arch Investment Holdings (MAIH) to acquire an undivided 25% share in Melrose Arch Precinct, north of Johannesburg.

During the 2014 Budget Speech, Finance Minister Pravin Gordhan asked of the property industry, “Why aren’t you honest in the leasing deals you make with government?”

Budget Speech attack on property industry totally baseless

Claims made by Finance Minister Pravin Gordhan during his budget speech last Wednesday about the commercial property sector not honest in leasing deals made to government are unjustified, says SAPOA.

Meago Asset Managers director Jay Padayatchi believes 2014 will be tough for listed property sector as bond yields will continue to have a significant impact on capital returns.

Consolidation may spur listed property sector growth

South Africa’s listed property is expected to undergo consolidation in 2014, helping boosting the property sector’s share prices.

Attacq CEO Morné Wilken said the fact the placement was oversubscribed multiple times suggested there was confidence in the company and the listed property sector in general.

Attacq wins favour with Investors

Investor confidence in Attacq (ATT) remained strong on Wednesday‚ with the recently listed capital growth fund raising R512m in an oversubscribed share placement.