House prices in the Northern Cape are reflecting robust growth as the demand for residential accommodation outstrips supply.

As part of the government’s Renewable Energy IPP Procurement Programme (REIPPP), that aims to secure 13 225 MW of renewable energy for the South African power grid by 2025, a new 100MW solar power plant is being built near Upington in the Northern Cape.

Fairvest Property Holdings Limited (“Fairvest”) today announced a full year distribution of 16.660 cents per share, which represents a 10.29% increase on the comparable period and again exceeded the guidance previously issued.

Steady growth has made Port Elizabeth property a safe as houses investment bet, with new developments matching national trends.

Moolman Group partnered with Kuruman Eiendomsontwikkelaars in 2013 to acquire the existing Shoprite Centre on Livingstone Street, situated in the heart of Kuruman in the Northern Cape.

Bonatla announces the acquisition of a 75.1% stake in Namavect Proprietary in a share-swap deal.

Google injects R100m investment in the Jasper Power Project, a 94MW solar photovoltaic plant in the Northern Cape province of South Africa.

Cape Town renewable energy company Solar Capital won a R13 billion South African energy deal to supply the South African energy grid with electricity generated from a 75 megawatt photovoltaic solar farm being developed in the Northern Cape.

Arrowhead Properties, the only JSE listed property company to pay quarterly distributions, has over the past few months made significant progress in its acquisition strategy aimed at growing the portfolio by R660 million, 30% in its current financial year.

The Eastern Cape will get a R2,7bn a year boost with the construction of a R4,2bn manganese smelter in the Coega industrial development zone, but much of the benefit will be limited to the Nelson Mandela Bay metro area.