eProperty News

Hyatt Hotels Corporation (NYSE: H) announced today that a Hyatt affiliate has entered into a management agreement with South African real estate company, Millat Properties, for the first Hyatt-branded hotel in Cape Town.

Attacq, the Real Estate Investment Trust (REIT) and developers of Africa’s largest mix–use development, Waterfall are pleased to announce the appointment of its Chief Development Officer, Giles Pendleton as the new Chairman of the Green Building Council South Africa, replacing outgoing Chairman IIse Swanepoel.

Competing against real estate companies from around the country, this is the 14th year that Pam Golding Properties has received the prestigious 5-Star award for ‘Best Real Estate Agency in South Africa’ (over 20 offices) in the world-renowned International Property Awards.

Conscious consumers are championing the resale of goods to reduce waste and extend the active life of garments and other products, and innovators in the retail sector are responding.

JSE listed REIT Octodec Investments Limited, today announced its annual results for the year to 31 August 2020, against a weakening economic environment exacerbated by the COVID-19 pandemic and subsequent lockdown.

The weeks that followed the hard lockdown at the end of March have been inconceivable for retailers.

In this last quarter concluding in December 2020, the residential property market continues to gain momentum, and in some areas appears to be substantially busier - even when compared to peaks in previous years, says Richard Day, CEO of fixed-fee agency, Eazi Real Estate.

A silver lining amongst the many dark clouds dominating South Africa’s current economy is, thanks to recent interest rate cuts, commercial real estate - especially purpose-built quality logistics assets supporting the ongoing e-commerce boom in the country.

JSE REIT Stor-Age, South Africa’s leading and largest self storage property fund, continued to outperform the sector, delivering a strong performance for the six months ended September 2020.

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