Confidence levels in the construction and building industry rise to 52 points in the first quarter of 2014 from 48 in the fourth quarter of 2013.
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.
AltX-listed MAS Real Estate said on Wednesday its capital raising in February had been "very successful".
The face of Umlazi, south of Durban, will be changed forever with the development of the R300m KwaMnyandu Shopping Centre and public realm upgrade.
South Africa's construction industry is not out of the woods yet, despite data pointing to an upward trend.
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.
The long-standing relationship between Nedbank Corporate Property Finance and leading SA property development and investment group, Billion Group, is once again delivering economic development opportunities in the Eastern Cape.
Statistics South Africa (StatsSA) has announced that the seasonally adjusted real Gross Domestic Product (GDP) at market prices for the fourth quarter of 2013 increased at an annualised rate of 3.8 percent.

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