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Advisory panel on land reform makes progress

The ten-member expert Advisory Panel on Land Reform has its hands full with a looming deadline to submit a policy perspective to the Presidency that will drive land reform in the country. ... Full story

Global lift and escalator industry players to explore Africa’s market potential

The Elevator and Escalator (E&E) industry is abuzz with the news of the Global Lift & Escalator Expo (GLE Expo) entering the African market.

Landlords cash in on Prime Office Space

Appetite for well-positioned P-grade (Prime grade) Offices appears to go against the grain of the current sluggish national economic climate — SA Commercial Prop News has learned.

Workspace evolution: how flexible working is transforming economies

The rise of flexible working has transformed the business landscape. Driving this revolution are workspace providers such as Regus, who’ve provided professionals with more choices in the way they work.

SA Commercial Property Market takes a beating

Listed property’s appeal as an asset class took a hit in 2018 with the sector losing more than 25% showing its worst annual performance.

SA Investors put R3.38bn into UK Property despite Brexit

ACTIVITY in the UK property sector has seen South African Investors conclude 29 deals with a combined value of R3.38 billion (£190m) in the past few years.

SONA 2019: A successful property market relies on a strengthened economy

All eyes will be on President Cyril Ramaphosa as he takes to the podium to deliver his second annual State of the Nation Address tonight at 7pm.

Corruption scandals widen in South Africa

From KPMG, Nkandhla, VBS Mutual Bank, Gupta, Steinhoff to Bosasa, South Africa has seen endured large scale bribery, fraud and corruption scandals over the past years.

Strong corporate governance key to SA REITs success in 2019

Having been battered with a few allegations of financial manipulation and delays in reporting results, South African Real Estate Investment Trusts (REITs) can enhance investor confidence with robust corporate governance system.

SA fails to shine in Top 20 Most Dynamic Cities, but Kenya made it

JLL's sixth annual City Momentum Index last week announced the list of 20 world's most dynamic cities with South African cities nowhere to be found — but Kenya's Nairobi made it in the chart list.

Office vacancies remain stubbornly high

The economy weakness is exerting a toll on commercial property owners, as a rising glut of office buildings makes it more difficult for some owners to lease the empty spaces.

Shopping Mall Owners worried about Edcon can breathe a sigh of relief

The headlines about retail giant Edcon Holdings on the brink of collapse, have been jarring for South Africa’s big Shopping Mall Owners and the whole nation.

2019 definitely a lot more promising than 2018, Property Analysts say

The prospects for 2019 SA's listed property sector are definitely a lot more promising than 2018, industry analysts told SA Commercial Prop News.

Draft land Expropriation Bill — Here's what you need to know

The Minister for Public Works, Thulas Nxesi, on Friday released a draft Expropriation Bill that gives a summary of the conditions under which the state can take land without paying for it for public comment.

Dark days ahead for Mall Landlords as Edcon battles with Rent

There is still no respite for Landlords as one of SA’s oldest surviving retailers, Edcon Holdings which occupies big pockets of space in many shopping centres, is asking mall owners to chop rent.

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