Investing
Top retailers show mega confidence in Mall of the North
Major local and international leading retail names have expressed confidence that Mall of the North, will be a significant driver for their growth adding more shopping variety to the region's super shopping centre in Polokwane, Limpopo. ... Full story
Nedbank unveils 4-Star R350m Menlyn Maine green-rated building
Nedbank on tuesday announced that it unveiled a 4-star rated green building in the City of Tshwane, the Menlyn Maine Building
Specialist Inner City Financier attracts R125m Capitalisation
TUHF (Pty) Ltd, a commercial property financier specialising in affordable rental housing in South Africa’s inner cities, announces a substantial capital investment of R125 million, increasing TUHF’s Net Asset Value to the R200 million mark.
11 000 sqm Industrial space secured for Dubai-based Darvesh Group
The Dubai-based Darvesh Group, which operates in the packaging industry in South Africa, has taken up 11 000sqm of space in New Germany Industrial Park in a lease transaction concluded by JHI Properties KwaZulu-Natal.
South Africa's listed property gives best returns as it continues to Outperform
Most REIT (Real Estate Investment Trust) managers are upbeat about the prospects for this asset class over the next two years, despite the economic malaise in Europe and concerns about global economic growth.
Growthpoint wins SAPOA Excellence Award for Industrial Property Development
Growthpoint Properties Limited has been awarded the SAPOA’s (SA Property Owners Association) Innovative Excellence Award in Industrial Property Development for the new tailor-made Ellerines warehouse it developed in Epping, Cape Town.
Tsogo Sun to open "54 on Bath" new deluxe boutique hotel Rosebank
54 on Bath, Tsogo Sun’s new deluxe boutique hotel in Rosebank, will open its doors to the public on 1 July 2012.
Further growth in demand for industrial property in Western Cape
Against a backdrop of sobering global economic factors, which include the ongoing European debt crisis and slowdown in China’s economy, the local manufacturing sector in South Africa appears to be maintaining a positive outlook which has spin-offs for the industrial property sector.
Dipula Income Fund acquires three shopping centres for R330 million
Dipula Income Fund today announced it intends to invest nearly R330 million to purchase three shopping centres.
Nedbank unlocks further value for Ingenuity
Ingenuity Property Investments Limited is unlocking value in its substantial development portfolio by utilising recent financing from Nedbank Corporate Property Finance, Cape for the refurbishment of two prime properties in Cape Town.
Commercial Industrial Property still a sound 'Long Term Investment'
The industrial property market is a sound prospect for investors who are willing to take a long-term view and with the right tenant, says Heidi Franck, Managing Director of Intigra, a leading quantity surveying firm specialising in asset management.
Unpaid municipal service charges can become a landlord’s nightmare
A Constitutional Court judgement made in 2004 (in the case Mkontwana vs Nelson Mandela Municipality) has had serious widespread ramifications throughout the commercial property sector – and has placed further risk on the shoulders of landlords
Nedbank Finances R700m Development of Ingenuity's Prime Asset
Cape, continues to show its commitment to the listed property sector by providing tailor-made loan facilities to the value of R700 million to Ingenuity Property Investments Limited, of which R336 million is earmarked for new projects including the development of the fund's prime asset.
Standard Bank funds $31.2m towards Airport City Office and Retail development Ghana
Stanbic Bank Ghana Limited and Standard Bank of South Africa have concluded the signing of a $31.2 million Medium Term Loan Facility to partially finance a new commercial office and retail development at the Airport City in Accra.
BEE consortium buys 50 million Dipula Income Fund B-units from Redefine Properties
A Black Economic Empowerment (BEE) consortium led by co-founders and managers of Dipula Income Fund, Mergence and Dijalo, with broad-based partners, will buy 47% of Dipula B-units in issue from Redefine Properties.
