Growthpoint Properties' first foray into Eastern Europe receives a mixed reaction from one South African fund manager.

Fine & Country Sub-Saharan Africa, part of the UK’s global luxury property network, announced a pioneering partnership with Unipalm Investment Holdings Ltd at a sunset launch held recently.

Young environmental visionaries from the University of Cape Town took first place in the Growthpoint Greenovate Awards for the second year running.

Situated less than 20km from Cape Town city centre, the industrial node of Elsies River has experienced a significant increase in demand for property - to a large degree attributable to the rejuvenation of the area through the recently implemented CID (City Improvement District).

Sandton Central, without doubt, has become the most important business and financial node in South Africa, and plausibly sub-Saharan Africa.

Landlords in the burgeoning office hub of Rosebank are not shy to charge premium-grade office tenants top-end rentals, given the demand for space in the district.

Growthpoint Properties today announced it will subscribe for an initial 26.9% stake in London Stock Exchange Alternative Investment Market listed Globalworth Real Estate Investment Limited, the largest owner of office space in Romania.

Invest, develop, grow – this is precisely what leading South African capital growth company in the real estate sector, Attacq Limited, has done with eight small businesses.

Recently acquired by Aria Property Group, Pier Place, a prime-situated 15-storey, 15 000sqm building in Jetty Street on Cape Town’s Foreshore, is undergoing  redevelopment and refurbishment at a total investment of in excess of R200 million.

The South African Institute of Black Property Practitioners (SAIBPP) has honoured Growthpoint Properties for demonstrating outstanding commitment to the transformation in the property sector.