Attacq, the pioneering JSE-listed capital growth property fund, has appointed accomplished property professional Pete Mackenzie as Head of Development, effective from 1 January 2016.
Road construction underway in the Sandton CBD is set to continue for most of 2016 with the City of Johannesburg investing R180 million in massive improvements to roads and pavements in Sandton Central - SA’s cosmopolitan financial and commercial hub.
Construction of the R3,5 billion Clairwood Logistics Park will begin within the first quarter of 2016, creating much needed employment and business opportunities within the South Durban Basin.
As 2016 kicks off to a tumultuous start, perhaps one certainty is that the coastal belt from Durban North and uMhlanga through to the burgeoning Sibaya node and Umdloti is still booming.
Freedom Property Fund has released results for its half-year to 31 August 2015 and at the same time, it confirmed that obstacles contributing to some delays in its development projects have already been removed.
Dual currency funding structures can bring stability and robustness to real estate deals in sub-Saharan Africa, as developers and retailers seek solutions to the volatility currently faced in their domestic economies.
The Minister of Trade and Industry, Dr Rob Davies Davies, says that transformation of the property sector in South Africa should contribute towards reversing the legacy of the Native Land Act, 27 of 1913, subsequent discriminatory policy and legislation which denied black people access to productive land and property.
Bridge City, a key link in KwaZulu-Natal’s rapidly developing Northern Growth Corridor, is attracting entrepreneurs and new entrants into the property development space thereby helping grow the regional economy and uplift surrounding communities.
With robust economic growth coupled with prudent fiscal management and infrastructural improvements, South Africa’s northern neighbour of Namibia is proving increasingly attractive to investors – including property developers, reports Pam Golding Properties Namibia.
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