Cape Town is open for business, and with tourism numbers expected to climb to 21 million by 2030, mixed-use residential developments offering exceptional accommodation are in high demand, says Pam Golding Properties.
Divercity Urban Property Fund has turned the first sod of the Jewel City redevelopment in Joburg CBD.
Attacq Limited, (“Attacq”), the JSE listed property company, announced its conversion to a Real Estate Investment Trust (“REIT”), effective 29 May 2018, following approval by the JSE.
South Africa’s eastern province of KwaZulu-Natal, with its diverse culture, year-long sublime climate and abundant natural heritage sites and attractions, has the pull power to bring even more international and domestic tourists to its shores, and has the most potential nationwide to become the tourism capital of the country.
Attacq Limited, (“Attacq”), the JSE listed property company, announced its conversion to a Real Estate Investment Trust (“REIT”), effective 29 May 2018, following approval by the JSE.
Twelve million people spent nearly R2 billion at Ballito Junction Regional Mall during its first year.
While the number of international buyers in residential property in South Africa remains relatively low, at somewhere in the region of three percent nationally, investors from elsewhere on the continent – including returning expats - retain their appetite for the acquisition of South African real estate for a variety of reasons.
Globally, people are prepared to pay a premium for properties in suburbs that have good schools, says Gareth Bailey, Pam Golding Properties area principal for Durban Coastal.
Balwin, South Africa’s largest homebuilder focusing on large scale sectional-title residential estates in high-growth, high-density metropolitan nodes in South Africa’s major cities, this morning announced its financial results for the year ended 28 February 2018.
In line with the group’s strategy of investing across the broader European market shareholders are advised that MAS has through a subsidiary of PKM Investments S.á.r.l., entered into a sale and purchase agreement (the “SPA”) to acquire from MD CE Holdings Limited and Atrium Turkey Samsun B.V.
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