MMQSMace, Mace’s joint venture cost consultancy business in South Africa, has been appointed as quantity surveyors for three aviation projects worth more than $70m by Airports Company South Africa (ACSA). 

JLL’s Q1 2018 market reports unpack topical trends impacting South Africa’s main office, industrial and retail markets in the commercial real estate sector.

Africa’s burgeoning big cities will play an increasingly central role in the continent’s growth and development, driven largely by Africa’s rapid urbanisation.

The cost of global construction is set to rise by 4.3 percent during 2018 compared to 4.1 percent in 2017, as developers face the challenge of continued shortages of relevant skills to deliver an increasing number of projects, according to new research from global professional services firm Turner & Townsend.

The Cape Town Municipality’s water department has, says Rowan Alexander, Director of Alexander Swart Property, been reasonably efficient in keeping track of water consumption and penalising those who do not comply with the new rulings limiting water usage.

“We have to teach the world how to treat us and that starts with our own perception of ourselves” – Deshun Deysel.

While the number of international buyers in residential property in South Africa remains relatively low, at somewhere in the region of three percent nationally, investors from elsewhere on the continent – including returning expats - retain their appetite for the acquisition of South African real estate for a variety of reasons.

These are uncertain and challenging times for the real estate industry, but the non-profit organisation Rebosa is fighting for their interests and finding pragmatic solutions to industry issues such as the urgent need to fast-track transformation says Richard Gray, Rebosa chairman.

With green building becoming a crucial part of developing smarter and more sustainable African cities, the Royal Institution of Chartered Surveyors (RICS) is pleased to announce the Green Building Council of South Africa (GBCSA) as a key participant and sponsor of RICS Summit Africa 2018, set for Sandton this month.

London United Kingdom, JSE AltX and Mauritius listed Real Estate Investment Trust (REIT) New Frontier Properties today announced that on 26 April 2018, fashion retailer H&M opened a 20,000 sq ft store in Underhill Walk at its Coopers Square Shopping Centre in Burton upon Trent.