JSE listed diversified real estate investment trust Redefine Properties (JSE: RDF) along with equity partners Madison International Realty and Griffin Real Estate in European Logistics Investment BV  and in joint venture with its strategic development partner Panattoni Europe.

It is vital that the entire construction industry be allowed to return to work as soon as possible.

As South Africans settle into stage four lockdown which came into effect on 1 May, various industries are getting acquainted with what this means for their operations.

The African Development Bank Group (www.AfDB.org) on 14 April 2020, announced the debarment of China Zhonghao Nigeria Limited, a civil engineering company registered in Nigeria, for 18 months, for fraudulent practices.

Consulting Engineers South Africa (CESA) is hosting its annual Infrastructure Indaba on 11-12 March 2020 at the Spier Conference Centre, Stellenbosch.

Tradehold, through its UK subsidiary Moorgarth Group, has obtained council approval for the development of four residential tower blocks above its Broad Street Mall shopping centre in Reading near London Heathrow. 

JSE listed Balwin Properties, a developer that cares about environmentally responsible building practices recorded record opening weekend sales at its R9 billion development in Waterfall, Midrand.  

Attacq Limited (“Attacq”), a South African-based REIT and the only property company included in the FTSE/JSE Responsible Investment Top 30 Index, today announced an interim dividend of 45.0 cents per share for the six months ended 31 December 2019.

There is a direct link between the stability of an economy and ongoing development – and currently the local construction and property industries are undeniably experiencing a lull due to reduced expenditure by government on large scale infrastructure projects as well as uncertainty in the private sector investment markets.

As anticipated, President Cyril Ramaphosa spoke to the urgency for economic growth and the need for a serious and sustainable increase in the employment rate in his State of the Nation address last night. 

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