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With South Africa and Nigeria being Africa’s two biggest economies, the recent credit rating downgrades by global ratings agencies, will negatively affect both nations and hit Africa’s overall economic growth.
Ground was broken for the first time at the 10-storey Infinité high-rise residential development in Bedfordview, Johannesburg, in an historic ceremony held on Sunday.
The quality, durability and overall affordability of Corobrik’s face brick range has seen it form part of several inner-city rejuvenation schemes across the country, with the latest Heritage View development in Brickfields, Newtown Johannesburg forming an eye-catching example.
“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.
One of Johannesburg’s best kept secrets is Gallo Manor, a leafy residential suburb situated just minutes from the Sandton city centre.
There is a dire shortage of accommodation in Johannesburg for those looking for rentals between R2 000 and R3 000 per month.
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.
Positioning ourselves at the cutting edge, Fieldspace Property Group is transforming the way property brokers and potential tenants view our space to let.
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.
The merger of Africrest Properties and StandOut Properties has been some time in the making as the two companies have been purchasing buildings together over the last 3 years.