"GTC delivered solid results in 2016, several value accretive acquisitions and completions of office projects contributed significant to NAV and NOI growth.

Growthpoint Properties Limited today reported distribution growth of 6.1% for its six-month interim period to 31 December 2016, delivering performance comfortably in line with market guidance.

The announcement by the Monetary Policy Committee meeting that the repo rate remains unchanged is surely what is needed to help fuel increased activity in the residential property market, says Dr Andrew Golding, chief executive of the Pam Golding Property group.

With sectional title sales accounting for a growing percentage of South Africa’s total home sales, rising from 22% in 2010 to 28.4% of total sales in early-2016, there are no signs of this trend abating, particular as densification and the demand for convenient apartment living continues.

The National Treasury has welcomed the decision by ratings agency Standard and Poor (S&P) not to downgrade South Africa. 

Nedbank today announced that it has committed to investing R1bn into a new mixed-use office and retail development in Umhlanga, KwaZulu-Natal, which is currently under construction.

Port Elizabeth has a reputation for being “the friendly city”, and its great schools, sandy beaches, salt-scented air and relaxed pace of life have certainly won the town many devoted residents.

Investec Australia Property Fund (“IAPF” or the “Fund”) is pleased to announce an interim distribution of 4.81 cents per unit pre withholding tax (“WHT”) and 4.64 cents per unit post WHT for the six months to 30 September 2016.This represents growth of 6.0% pre WHT and 8.7% post WHT for the half year.

Indluplace manages to perform well in a difficult environment in the year to August, say company.

The City of Cape Town is pulling out all the stops to turn around its loss-making World Cup stadium in Green Point.