eProperty News

Concor has successfully completed South Africa’s second Radisson Red hotel – this one is situated in the vibrant Oxford Parks mixed-use precinct in Rosebank, Johannesburg.

Vaal Mall has received a PMR Diamond Arrow Award for doing the most in its sector to stimulate economic growth and development in the Sedibeng area over the past year. Vaal Mall was voted the area’s Best Shopping Centre for the sixth consecutive year.

What was once three apartment blocks managed through a family-owned trust in downtown Bloemfontein, is planned to become innovative shared accommodation catering for up to 300 residents to help meet the increasing demand for cost-effective, secure, and multi-purpose living in one of South Africa’s rapidly growing student towns.

With South Africa’s inflation rate below the lower limit of the inflation target at 2.9%, and local inflationary expectations remaining well-anchored, it was expected that the Monetary Policy Committee would keep the repo rate unchanged, says Dr Andrew Golding, chief executive of the Pam Golding Property group.

The Social Housing Regulatory Authority (SHRA) reveals that it is ready to roll-out the much-anticipated Residential Rent Relief Programme that will significantly assist social housing tenants, impacted financially by the COVID-19 pandemic, meet their rental obligations.

South African home buyers can look forward to a few more months of record-low interest rates as the Monetary Policy Committee has once again opted to hold the repo rate steady at 3.5%.

Vukile Property Fund (JSE: VKE), the leading retail REIT (real estate investment trust), has commenced the strategic upgrade of Daveyton Mall in the Ekurhuleni Metro, Gauteng.

The 1st Quarter 2021 FNB Commercial Property Broker Survey component that surveys broker perceptions of buying/selling market activity by major commercial property class, continued to show rising activity ratings in all 3 classes, i.e. the Industrial, Retail and Office Property Classes.

Attacq Limited, the JSE listed REIT developing Waterfall City and Waterfall Logistics Hub, is proud to announce that Australian retail group, Cotton On, will build its new South African Campus within Waterfall's Logistics Hub.

This year marks a historic milestone for Knight Piésold, a consulting engineering firm whose roots go back 100 years in South Africa.

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