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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. ... Full story

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.

Cape Town property values in CBD soar

Cape Town’s CBD experiences a boom in property values over the past decade with investors flocking to the area, according to the latest State of Cape Town Central City Report.

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.

SA fund managers focus on offshore property markets

Some fund managers are allocating new money to offshore focused listed property investments only this year because they expect the potential returns of local vehicles to disappoint.

Redefine secures prime Cape Town industrial land

Redefine Properties will develop industrial assets in Brackenfell.

Buyers hold back at first sale of the year

Buyers take a 'wait and see' response to Aucor Property's first auction of the year last week when muted interest saw a number of lots being passed through.

Budget 2016: Let’s have a total energy debate, says Green Building Council

As the country prepares to receive Finance Minister Pravin Gordhan's 2016 Budget Speech this Wednesday, the Green Building Council South Africa (GBCSA) has called for a total energy debate.

Atlantic Leaf eyes main board in bid to lure big investors

Atlantic Leaf Properties intends to move to the JSE's main board later this year.

SA Reits beat other investments in 2015 but face challenges in 2016

While being the best performing asset class of 2015, South African Real Estate Investment Trusts (REITs) are having to weather many challenges which have prevailed for the past four to five months.

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