Growthpoint Properties (JSE: GRT) has commenced the development of Kent, its first greenfield sectional title residential development in KwaZulu-Natal.

JSE listed Balwin Properties, a developer that cares about environmentally responsible building practices and the delivery of high-quality apartments to its valued clients, reported continued strong demand for its unique lifestyle apartments despite losing three months’ construction time to Covid restrictions during the financial year ended 28 February 2021. 

Flanagan & Gerard Group and Emfuleni Resorts, a subsidiary of Sun International (JSE: SUI), have officially commenced construction of Boardwalk Mall.

Absa Bank has partnered with Amdec Group, South Africa’s leading developer of new urban precincts, to develop the first tower of the multi-billion rand Harbour Arch project on the Foreshore in Cape Town.

Concor has successfully completed South Africa’s second Radisson Red hotel – this one is situated in the vibrant Oxford Parks mixed-use precinct in Rosebank, Johannesburg.

Teraco Data Environments Proprietary Limited, Africa’s largest interconnection hub and vendor-neutral data centre provider, has announced that it has finalised a new R2.5 billion loan financing transaction.

Since 2016 the City of Johannesburg has embarked on an ambitious programme to renovate its iconic but dilapidated buildings throughout its suburbs, and while the 3 Alice Lane building was renovated by its owner, it continued this familiar trend of restoring older buildings in the City. 

Latest GDP figures have laid bare the grim reality of COVID-19’s economic effects, revealing an unprecedented 51% decline in economic activity in the second quarter of this year (quarter-on-quarter, seasonally adjusted and annualised).

Just nine months after launching to market, 63% of The Harri, a new 48-unit apartment block and mixed-use property development going up at 75 Harrington Street in Cape Town’s East City Precinct, has sold off-plan.

Previously owned by the Bank of Mozambique and abandoned, Cape York had been hijacked and fraudulently sold, with several “owners” allowing it to become severely overcrowded and collecting rent illegally.