Soaring demand for hotel accommodation in Century City in recent years has increased the average annual occupancy to 73% necessitating additional hotel rooms be brought on stream, says Greg Deans, a director of Rabie Property Group, the developers of Century City.

Vacancies in the office property market have decreased by 40% in the greater Irene area

Illovo has earned the reputation of being one of the most desirable corporate addresses in Johannesburg, and demand remains high as its limited office space continues to be sought after by blue chip tenants.

The R250bn listed property sector, one of the JSE's most active in terms of merger, acquisition and listing activity in recent years, saw deal flow surge a whopping 60% last year.

JLL Johannesburg market overview reveals strong demand for office space in new Waterfall Business Estate, rising office vacancy rates and increased activity in industrial property around OR Tambo, Gosforth Park, Waterfall and N1 Business Park.

The Dunkeld Precinct plan which links Illovo to Rosebank along Oxford Road, will offer some exciting opportunities for office development and is well underway with its re-zoning process.

Tower Property Fund strategy leads to reduced vacancies and pleasing results

Discovery today announced the start of a four-year property development that will see Discovery's more than 5 000 employees move into a new office development in Sandton.

Emira Property Fund today reported distribution growth to investors of 6.5% for its six-month period to 31 December 2013.

The South African Property Owners Association (SAPOA) has expressed its support for the Department of Public Works' decision to seize misappropriated state properties.