South Africa’s top retail developments and designs are announced at shopping centre congress
Mall of Africa in Midrand, Gauteng, has been named the winner of the sought-after Spectrum Award for the best retail development, becoming an icon of the real estate development landscape at the South African Council of Shopping Centre’s (SACSC) Annual Retail Design and Development Awards (RDDA).
Challenging times see some of the best properties taken to auction in years
Exciting opportunities arise in uncertain and difficult times, says Norman Raad, CEO of Broll Auctions and Sales.
Residential building activity remaining under pressure
Based on data published by Statistics South Africa, building activity in the South African market for new private sector-financed housing (see explanatory notes) remained under pressure in the first five months of 2016, with much subdued year-on-year growth in activity levels in May this year.
Pareto Limited restructures debt to achieve unsecured funding across its entire portfolio
Leading shopping centre investor Pareto today announced it has entered into new unsecured loans with Absa, achieving its ambitious goal of ensuring unsecured finance across its entire portfolio.
Wynberg flourishes as another building is upgraded at the hands of Africrest Properties And Thirst Bar Service
Africrest Properties is known for their value add investing and a few years ago took a positive view on the area Wynberg (Gauteng) and has continued to purchase buildings in the area.
Gauteng seeks court review of award over Gautrain
Gauteng provincial government institutes proceedings in the high court to review the near-doubling of a multimillion rand award against it in respect of the Gautrain.
Should you rent or buy a residential property?
It all depends on where you are in life, according to Paul Stevens, CEO of Just Property, who says that making the correct choice is entirely dependent on ones stage of life, financial situation and personal circumstances.
Stink over sewerage line for Kyalami mall
An environmental group has applied for the legal review of a sewerage line being built on Kyalami agricultural holdings to service a shopping centre development in the area.
Mall of Africa is testament to the value of solid financial relationships
The opening of the Mall of Africa in Waterfall Estate in Gauteng makes it the largest single-phase shopping mall development in South Africa’s history.
Equites Property Fund delivers sector beating distribution growth
Specialist logistics property developer and landlord, Equites Property Fund Limited (“Equites”), today announced total distributions for the year ended 29 February 2016, of 96.6 cents per share – an increase of 18.3% relative to the previous year on an adjusted full year basis.
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