Western Cape provincial government is due to embark on an ambitious multimillion-rand construction project of a mixed-use neighbourhood.

The holding company Derou & Partners Group, through its subsidiary Confortis International Inc., has started the construction of WellCity, a new third-generation city.

Amdec Group announced that the first phase of 60 residential apartments at The Yacht Club had been completely snatched up in just under three working days.

The multi-billion rand Rainbow Junction mixed-use property megaproject, anchored by a new R2.5 billion 94,000sqm super-regional shopping centre, is getting unprecedented attention from investors and major developers wanting to co-develop or secure a stake in the groundbreaking project just 6km north of the Pretoria CBD.

Hong Kong-listed Shanghai Zendai is going ahead with its grandiose plans to build a colossal mixed-use city in the sleepy village of Modderfontein northeast of Johannesburg.

Nairobi: Garden City, East Africa’s first integrated residential, retail and office development, officially opened with the announcement of a new Business Park.

The landmark Cape Quarter Lifestyle Village, situated in Green Point in Cape Town, has recently undergone several changes and has experienced rapid regeneration through the efforts of managing agents Spire Property Management and the owners of the building, the Tower Property Fund.

2014 is set to be the best year for commercial property in first world economies, since the onset of the global financial crisis in 2008, according to Redefine International CEO Mike Watters.

JSE-listed City Lodge Hotels said on Tuesday the development of its 150-room City Lodge Waterfall City had begun, with the hotel scheduled to open toward the end of 2014.

Mixed use properties, particularly those on the peripheries of the major cities where they can serve both commercial and residential needs, have become highly sought after

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