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Nearly half of all the office development taking place in South Africa right now is happening in Sandton. Sandton Central is the epicentre of this development, which includes many of the most cutting-edge, exciting and innovation new buildings on the continent.
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.
The built environment has a major role to play in climate change mitigation, and progressively more South African property investors are rising to the challenge with positive impacts on the environment and their businesses.
Growthpoint Properties' first foray into Eastern Europe receives a mixed reaction from one South African fund manager.
Fine & Country Sub-Saharan Africa, part of the UK’s global luxury property network, announced a pioneering partnership with Unipalm Investment Holdings Ltd at a sunset launch held recently.
Young environmental visionaries from the University of Cape Town took first place in the Growthpoint Greenovate Awards for the second year running.
Situated less than 20km from Cape Town city centre, the industrial node of Elsies River has experienced a significant increase in demand for property - to a large degree attributable to the rejuvenation of the area through the recently implemented CID (City Improvement District).
Sandton Central, without doubt, has become the most important business and financial node in South Africa, and plausibly sub-Saharan Africa.
Landlords in the burgeoning office hub of Rosebank are not shy to charge premium-grade office tenants top-end rentals, given the demand for space in the district.
Growthpoint Properties today announced it will subscribe for an initial 26.9% stake in London Stock Exchange Alternative Investment Market listed Globalworth Real Estate Investment Limited, the largest owner of office space in Romania.