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It is official. Century City Square, the new all-green commercial and hospitality hub of Century City, is South Africa’s top mixed use development.
Regionally-focused JSE main board-listed property group Spear REIT Limited has acquired several new properties which fit their mandate of investing in high quality real estate based within Western Cape growth nodes.
Spear REIT Limited has declared a first dividend of 16.75% over their forecast in the company’s first set of financial results since listing on the Johannesburg Stock Exchange in November last year.
We are thrilled to announce that we have opened a new office in Stellenbosch.
Examining the FNB House Price Indices for the country’s major regions, slowing price growth in the country’s recent star performing region, the Western Cape, continued in the 1st quarter of 2017.
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.
Tsogo Sun hikes its interim dividend 10% to 34c per share despite adjusted headline earnings for the 6 months to end-September being static at 88c per share.
The Institute of Estate Agents of South Africa, Western Cape, has been instrumental in discussions with the council to discuss the City of Cape Town’s outdoor advertising and signage policy and bylaw.
The mixed use Century City Square development, which was developed by the Rabie Property Group at a cost of R1billion, has been awarded a 4-Star Green Star – Custom Mixed Use Design rating by the Green Building Council of South Africa.
Cape Reit Spear Reit becomes the first Western Cape region-specific property fund to list on the JSE.