McCormick Property Development celebrated the launch of its 66th development with the opening of Katale Square this week.

Discovery Place, the new high-performance global headquarters developed for Discovery in a joint venture of two of South Africa’s leading property companies, Growthpoint Properties and Zenprop Property Holdings, is the overall winner of the prestigious South African Property Owners Association (SAPOA) Awards 2019.

A new, 100%black-owned hotel operator is to soon enter the local market following a multi-million rand deal signed this week between Afrirent Holdings, Top Toyo Investments and Indalo Hotels & Leisure Management in terms of which an R280 million, focused service Hampton by Hilton hotel will be built in Sandton, Gauteng.

Hystead Limited, which is 60% owned by Hyprop Limited, has successfully completed the 12 000m² extension to The Mall of Sofia, Bulgaria.

JSE-listed Accelerate Property Fund today reported financial results for the year ended 31 March 2019 in line with company guidance.

Emira Property Fund’s refurbished warehouse facility superbly located in the popular industrial hub of Denver, Johannesburg, has opened its doors, attracting savvy tenants looking for state-of-the-art warehouse facilities, paired with contemporary office space and excellent energy efficiency.

A retail jewel is rising steadily in Cameroon’s capital of Douala, with planned completion now less than a year away.

Hilton today announced the signing of a management agreement with Growthpoint Properties, South Africa’s largest REIT, to open a hotel under its lifestyle Canopy by Hilton brand. 

Izandla Property Fund  announced the completion of the development of a new logistics warehouse and offices measuring 17,020m² for the Wax Division of Sasol Chemicals, located in the Sasol ChemCity Eco-Industrial Park in Sasolburg, Free State.

Abland and Tiber, joint developers of the Sandton Gate precinct, are on track to complete Phase 1 of the much anticipated mixed-use development.

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