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Real estate consulting firm, JLL SSA, has released its 2016 Investment Review of the South African property market with analysis reporting a R28.8bn increase in investment (from 18,5bn in 2015), and a similar 52.8% increase in gross lettable area (2 million square metres).
Rebosis Property Fund, a JSE listed Real Estate Investment Trust (REIT) whose strategy is directed toward dominant retail malls and which recently internalised its management team, has reported net property income growth of 74,6% for the six months ended 28 February 2017.
Urban property developers Blok will be launching a new development concept in the Bo-Kaap.
At New Vantage Properties we pride ourselves on understanding the importance of selecting the optimal location and premises for your business.
The Momentum Africa Real Estate Fund (“MAREF”) held its final close on 28 February 2017, raising a total of $170m.
Shopping centres within the South African Broll portfolio generally experienced an increase in year-on-year (y/y) trading density growth in December 2016 with the exception of community centres, according to the Broll Retail Snapshot Q4: 2016 report.
For the second year in a row, the South African Revenue Service (SARS) has broken the Trillion Rand mark in revenue collection.
The recent protests at universities and colleges across SA have caused many to question the wisdom of investing in student accommodation - but it still remains a highly attractive option provided you buy the right kind of property in the right location, says Bill Rawson, chairman of the Rawson Property Group.
While the residential property market in general has been experiencing a reduction in activity over the past two years, there are definite signs of a positive shift in the marketplace.
Durban, 27 March 2017 : As construction continues apace on the Cornubia Integrated Human Settlement development which is implemented in a phased manner across the 1,300Ha site bordered by Umhlanga Ridge Town Centre to the East, Mount Edgecombe to the South, Phoenix to the West and Verulam/Ottawa to the North.