Leading JSE-listed international REIT Growthpoint Properties has successfully priced its inaugural US dollar-denominated 144A/Reg S Eurobond with a five-year maturity.

The first phase of Loftus Park opened in Pretoria today introducing some 34 000m2 of A-grade office space, a premium gym, open air piazza with restaurants and a convenience retail.

This year has seen a number of severe catastrophes take place across South Africa: the devastating Knysna fires in June and the storms that lashed both Gauteng and Durban in October.

Wednesday, 08 November 2017 08:40

Indluplace Properties delivers on target

Indluplace Properties Limited (‘Indluplace’), the first residential focused REIT listed on the JSE, today announced their annual results for the full year ending 30 September 2017.

Running for its eighth consecutive year, the Africa Property Investment (API) Summit & Expo, which takes place at the Sandton Convention Centre this week (Thursday 24 and Friday 25th August 2017), promises to put Africa’s retail sector in the spotlight.

It is official. Century City Square, the new all-green commercial and hospitality hub of Century City, is South Africa’s top mixed use development.

While the look ahead will be challenging for the South African property industry as a whole, there are still pockets of opportunity for investors, landlords and tenants, says Tim Cable, director, who now heads up the real estate sector in South Africa for global professional services consultancy, Turner & Townsend.

Leading shopping centre investor Pareto today announced it has entered into new unsecured loans with Absa, achieving its ambitious goal of ensuring unsecured finance across its entire portfolio.

Sectional Title homes currently account for just 12% of SA’s total residential stock, according to the latest available figures from Absa, but there seems little doubt that this percentage will grow substantially in the next few years as more and more local homebuyers follow international trends and opt for apartments and townhouses instead of traditional freehold homes.

The property market in East London has just about everything a first-time buyer could wish for – affordability, lifestyle amenities in abundance and many new developments to choose from.

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