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International Hotel Group eyes listing on JSE’s main board

International Hotel Group (IHL)‚ which recently released its half-year financial results, plans to move from the AltX to the JSE’s main board. ... Full story

Acquisitions push Rebosis Property Fund’s portfolio up R18.6 billion

Black-owned property group, Rebosis Property Fund pushed up total assets under management to R18.6 billion after a R6 billion acquisition that will substantially increase the group’s exposure to retail assets.

The IFRS 15 Revenue framework to impact Property Market

The new revenue standard (IFRS 15) may affect the way the real estate and construction industry accounts for revenue in South Africa, according to KPMG International.

Mall of Africa expected to boost Attacq’s rental income

Gauteng shoppers still have plenty of appetite for retail therapy, judging by the 84,000 people who streamed through the Mall of Africa's doors on the first day of trade last Thursday.

Long-awaited Mall of Africa officially opens

SA’s mega shopping centre ever built in a single phase, the Mall of Africa in Midrand, worth a whopping R5 billion — has opened its doors to the fervent long-awaiting public.

Shopping centre investor warns on retail cannibalization

Blue chip mall owner Pareto CEO, Marius Muller has warned South African Retailers to guard against cannibalization — citing bigger centres taking away spend from the weaker centres.

Redefine Properties’ Polish deal impresses market analysts

SA property funds are increasingly looking abroad, and Europe’s fastest growing economy, Poland, is a top destination for many.

Number of new hotel developments across Africa surges

The Africa Rising narrative is holding strong in the continent’s hospitality sector, particularly in Nigeria and Angola, despite the contraction in these economies due to the lower oil price.

Tsogo looks to Hospitality Property Fund tie-up

Following its recent SunWest International and Worcester Casino acquisitions, Tsogo Sun is planning to capture 50% of Hospitality’s ordinary shares.

MAS Real Estate grows portfolio in German deal

MAS Real Estate acquires a portfolio of 20 buildings through a sale and leaseback arrangement from major German food retailer Edeka-Miha.

Pretoria retail office blocks sell for R24m

The High Street Auction Co auctions a portfolio of substantial properties for more than R110m at its March 17 auction at Summer Place in Hyde Park.

Office sector drifting

Office vacancies remain flat in South Africa suggesting that not enough new supply is coming on board, the South African Property Owner’s Association (Sapoa)’s latest vacancy report shows.

Attacq targets growth from malls

Property fund Attacq is confident it will achieve stronger capital growth when its major expansion projects including The Mall of Africa and the second phase of Waterfall City, kick into gear.

Redefine looks to student housing Down Under

Redefine is looking to team up with an Australian company to provide student housing in that country and is set to announce various off shore acquisitions this year.

Starbucks to open doors in Rosebank in April

Taste Holdings announces that the first Starbucks stores in SA will be opened in Rosebank and the Mall of Africa in Midrand in late April.

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