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Duo of rural mall developments in Limpopo totalling R300 million promises greater access to quality shopping

Following the success of the Mahwelereng Shopping Centre, its first project with Pretoria-based GMI Property Group in Limpopo, Retail Network Services (RNS) is now working with the group on two new rural mall projects in the province totalling R300 million. ... Full story

Self-storage property REIT fund to list next month

Self-storage property fund Stor-Age Property REIT is poised to list on the JSE next month as the first REIT of its kind on the exchange.

Shopping centre boom faces challenges

South Africans' devotion to the shopping centre has been a driver for retail property developments for decades. This desire to shop in large malls now permeates other parts of Africa too.

Top retail developments and designs honoured with esteemed awards

Waterfall Corner in Midrand, was named the winner of the sought-after Spectrum Award for the best retail development, making a splash at the in the South African Council of Shopping Centre’s (SACSC) Annual Retail Design and Development Awards (RDDA).

Investors score in newly listed property funds

Most property funds that have listed in the past two to three years have matched or outperformed investors’ expectations.

China's R84bn gamble in Modderfontein

Hong Kong-listed Shanghai Zendai is going ahead with its grandiose plans to build a colossal mixed-use city in the sleepy village of Modderfontein northeast of Johannesburg.

Offshore exposure helps property firms meet targets

Most listed property companies meet or beat market expectations in the latest financial reporting season.

Accelerate buys Old Mutual stake in Portside building

Accelerate Property Fund acquires roughly half of the Port side office building, the tallest skyscraper in Cape Town, which houses banking group FirstRand’s regional head office in the central business district.

Hospitality sheds more light on units

Hospitality Property Fund provides more details of its plan to do away with its controversial dual unit structure.

Tsogo eyes stake in struggling Hospitality

Tsogo Sun is in talks to buy a significant stake in struggling real estate investment trust, Hospitality Property Fund in what could be the first step in its plan to list a property fund.

Standard Bank awarded a breakthrough 5 Star Green Star SA Interiors Rating

The Green Building Council of South Africa (GBCSA) celebrated another milestone in the movement to a greener built environment with the recent Green Star SA Interiors certification of Standard Bank’s newly-refurbished 3 Simmonds Street office in Johannesburg.

Fairvest buying in Yeoville

Fairvest is gaining a reputation as one of the more adventurous property shoppers.

Intu’s mall development plans keep tills ringing

JSE’s largest real estate investment trust‚ Intu Properties‚ records 6% growth in earnings a share over the first six months of this year‚ pleasing the market.

Prime office space still in demand

Although high office vacancies continue to plague the listed property sector, with weak economic conditions creating sluggish demand, there has been some respite in the second quarter of this year.

Fortress to firm up deal to form

Fortress is expected this week to make a firm offer to Capital Property Fund’s shareholders to take over the fund after expressing an interest in a takeover since May.

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