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Some of the most exclusive real estate in the country – Cape Town’s Atlantic Seaboard – will shortly have a new addition to the portfolio with the launch of The Cosmopolitan residential development.
“Recently, we’ve witnessed a noticeable shift in the nature of hotel development in South Africa and the manner in which such developments are funded and owned,” states Wayne Troughton, CEO of HTI Consulting, a specialist hospitality and real estate consulting firm.
Nedbank Corporate and Investment Banking (NCIB) today announced that is has made the first disbursement from an innovative R120 million Sustainable Affordable Housing finance facility that was put in place through the collaborative efforts of Nedbank’s Affordable Housing Development Finance division, and South Africa’s Green Fund.
Despite economic pressure, property development in the Mother City shows no signs of slowing down, with various commercial and residential property developments planned, including two R1.5 billion developments.
Join us for the Energy Efficiency Forum on 16 March at 8:30 for 9:00 until 12:30 followed by a light lunch.
Accessibility, affordability and the current revitalisation project makes the Woodstock & Salt River a sought -after industrial node with higher rentals being charged for available stock.
Growthpoint Properties Limited today reported distribution growth of 6.1% for its six-month interim period to 31 December 2016, delivering performance comfortably in line with market guidance.
JSE self storage REIT, Stor-Age, today announced that it had raised R400 million in a significantly oversubscribed book build to fund its milestone acquisition of Storage RSA (“RSA”), one of the country’s largest private self storage operators.
JSE-listed diversified real estate investment trust Redefine Properties (JSE: RDF) announced today that it’s Black River Park, an office precinct in Cape Town has been adjudged the winner in the Sustainable FM Operations category at the recent South African Facilities Management Association (SAFMA) Awards.
Property leaders in innovation and sustainable solutions, Lazercor Developments, have been appointed to undertake the development management of the recently acquired De Tijger Business Park in Parow, Cape Town.