Based on data published by Statistics South Africa, building activity in the South African market for new private sector-financed housing (see explanatory notes) remained under pressure in the first five months of 2016, with much subdued year-on-year growth in activity levels in May this year.

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.

Africrest Properties is known for their value add investing and a few years ago took a positive view on the area Wynberg (Gauteng) and has continued to purchase buildings in the area.

Gauteng provincial government institutes proceedings in the high court to review the near-doubling of a multimillion rand award against it in respect of the Gautrain.

It all depends on where you are in life, according to Paul Stevens, CEO of Just Property, who says that making the correct choice is entirely dependent on ones stage of life, financial situation and personal circumstances.

Wednesday, 18 May 2016 12:08

Stink over sewerage line for Kyalami mall

An environmental group has applied for the legal review of a sewerage line being built on Kyalami agricultural holdings to service a shopping centre development in the area.

The opening of the Mall of Africa in Waterfall Estate in Gauteng makes it the largest single-phase shopping mall development in South Africa’s history.

Specialist logistics property developer and landlord, Equites Property Fund Limited (“Equites”), today announced total distributions for the year ended 29 February 2016, of 96.6 cents per share – an increase of 18.3% relative to the previous year on an adjusted full year basis.

South Africans’ desire for new shopping centres is being insatiable as another mall enters the fray.

Investment holding company RMH today announced that will expand its current, single investment in FirstRand to create a property investment business.

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