South Africans’ desire for new shopping centres is being insatiable as another mall enters the fray.
While much has been said regarding the slowing in house price growth in recent months, the residential property market in Gauteng is a highly complex one, with sharp regional and suburban variations, and there are a number highly positive developments within the region’s property sector.
Sun International tells the Competition Tribunal it is abandoning its proposed R9.4bn acquisition of Peermont.
Developed on a scale beyond anything the country has known by leading South African property developer and investor Atterbury, the iconic new Mall of Africa is set to open in less than a month, on 28 April 2016.
A R6.2 billion new Gauteng housing project – the Leratong City integrated nodal development – is set to get under way in Leratong, Mogale City in a joint development by McCormick Property Development, Calgro M3 and Sasuka Logistics Services.
Specialist logistics property developer and landlord, Equites Property Fund Limited, today announced that the company anticipates the distribution per share for the year ended 29 February 2016 to be between 95 and 97 cents per share, which is between 55.1% and 58.3% higher than the 61.26 cents per share reported in the annual results for the year ended 28 February 2015.
Speculation and interest surrounding the nature of the iconic, concrete tower structure situated along the N1 highway near Allandale interchange, have recently peaked.
At face value, South Africa’s listed property sector appears to have lost some of its lustre in recent months.
The Gauteng Province is to upgrade William Nicol Drive up to the N14 freeway for R576 million as part of Gauteng’s infrastructure development plans.

eProperty News is a leading online commercial property marketplace serving the Southern African Investment, Office, Retail and Industrial property and allied sectors.