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Changing face of shopping centres

The traditional shopping centre model turns its head, according to indicators emerging from research covering 2-million square metres of retail space across SA. ... Full story

Rates and taxes hikes fill municipal coffers but empty cities of business

Ongoing high municipal rate hikes are harming communities because of a lack of understanding about the far-reaching impacts of these increases reports Marius Muller, CEO of Pareto Limited.

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.

CPF promises more township shopping centres

Futuregrowth Asset Management took a bold step in 1996 when it launched its Community Property Fund (CPF), dedicated to establishing shopping centres in townships and rural areas.

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.

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.

After Fountainhead, takeovers are less obvious

Redefine Properties has finally got its hands on Fountainhead Property Trust, giving the company access to some strong shopping mall assets, reports Ortneil Kutama, SA Commercial Prop News Media Director.

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.

Tower diversifies by buying eight industrial properties

Tower acquires a R375m industrial property portfolio in Gauteng and KwaZulu-Natal in a bid to diversify its investment offering.

Investors likely to put Accelerate Property Fund on buying list

More investors are likely to place Accelerate Property Fund on their buying lists after the company finally acquired the rights to add another 90000m² to Fourways Mall.

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