The mixed use Century City Square development, which was developed by the Rabie Property Group at a cost of R1billion, has been awarded a 4-Star Green Star – Custom Mixed Use Design rating by the Green Building Council of South Africa.

Tuesday, 15 November 2016 07:16

Cape Reit fund in pioneer JSE listing

Cape Reit Spear Reit becomes the first Western Cape region-specific property fund to list on the JSE.

JSE listed Trematon Capital Investments Limited (“Trematon”, “the Group” or “the Company”), the Western Cape focused actively managed Investment Holding Company, today announced solid financial results for the year to 31 August 2016.

JSE listed Trematon Capital Investments Limited (“Trematon” or “the Company”), the Western Cape focused actively managed Investment Holdings Company, through its subsidiary ARIA Property Group (“ARIA”), today announced a R614 million acquisition from Redefine Properties Limited.

The current residential market continues to reflect the state-of-the-nation and the economy, both in terms of price growth and the level of consumer and business confidence.

During what may be described as a tumultuous 2016 to date, while trading conditions in the property auction arena have proven challenging, retail shopping centres, service stations, hotels and residential blocks have shown resilience throughout this period and are still in strong demand.

An ever-increasing population in the Hermanus and surrounding Overberg areas and high demand for quality medical facilities has prompted Annenberg Property Group to develop a multi-disciplinary, state-of-the art medical centre in Hermanus which will be known as Hermanus Medical Village.

There will be a feeling of déjà vu about November’s listing on the JSE of Spear Reit, a property investment vehicle focusing exclusively on the Western Cape.

Stor-Age Property Reit acquired a smaller competitor as it looks to increase its scale, having grown organically in the past.

Wednesday, 21 September 2016 16:36

SA sees a return to stable rental growth

According to the quarterly PayProp Rental Index, the average South African rental for Q2 2016 was R6 570.50, a 6.4% increase from the same period in 2015.

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