Redefine Properties and IWG bring another flex-space to Centurion Mall IWG, the world’s largest workspace network, and Redefine Properties, one of South Africa’s largest diversified Real Estate Investment Trusts (REITs), have partnered to bring their 10th joint flexible working centre to another prime location as an ongoing response to the growing demand for coworking offices within mixed-use retail locations.

The latest MSCI South Africa Green Annual Property Index continues to support the investment case for Green Buildings in the commercial property sector.

Cape Town’s CBD is now the most economically sound and successful inner-city precinct in the country, attracting millions of pounds in investment each year.

The upgrade of the busy Shoprite building in the heart of the Tshwane CBD shows a new confidence in the inner cities of Gauteng.

Emira Property Fund has proposed a general offer to Transcend Residential Property Fund shareholders to acquire all the shares in Transcend that Emira doesn’t already own.

Richmond Park is a hive of construction activity with four landmark developments in progress and more on the way, reports leading South African property developer and investor Atterbury, which is developing the multibillion Rand Richmond Park for the property’s shareholders.

Emira Property Fund has relaunched its Springfield Retail Centre in Durban, KwaZulu-Natal, a year after the centre was damaged by arson in the widespread looting and devastation of July 2021.

Despite the harsh economic and social climate, the longer-term trend in trading densities (sales per square metre) in more than 100 shopping centres in South Africa and Namibia shows a clear improvement since the 2020/21 Covid-induced downturn in performance. 

Truworths’ new world-class Western Cape distribution centre will be built in King Air Industria Cape Town, an Atterbury Property and Old Mutual Properties development.

Growthpoint Properties is piloting a 4.5MW battery system at Paarl Mall in the Western Cape to store electricity for its continuous, cost-efficient power supply.