John Jack, CEO of Galetti Corporate Real Estate: "Election results set to boost commercial property prices and lower yields."

While elections are just days away, the rand has remained relatively unresponsive to local elements ranging from politics to economic data.

A breakfast event held jointly by the South African Property Owners Association (SAPOA), Women’s Property Network (WPN) and the South African Institute of Black Property Practitioners (SAIBPP) sponsored by Beier Group and the Durban ICC, took place at Durban’s ICC on 13 February 2019.

The global sell-off of in emerging markets, an intractably weak domestic economy, an oversupply of business space, and a focus on the quality of earnings are all set to be major drivers of the SA REIT sector in the second half of 2018.

The results of Consulting Engineers South Africa's (CESA) Bi-annual Economic and Capacity Survey for the period June to December 2017 recently released indicate that expectations relating to industry confidence levels for the first six months of 2018 are still very positive increasing in the last six months of this year.

Real estate consulting firm, JLL, has released its South African Q4 2017 market reports for key markets across the country, including the office markets in Johannesburg, Durban and Cape Town; the industrial markets in Johannesburg and Durban; and an outline of the South African retail market.

Thursday, 01 February 2018 20:59

Retailers and Shopping Centres remain steadfast

Retailers and shopping centres throughout the country are reeling in from the challenging 2017 year. Despite this, retailers and shopping centres garnered support from consumers over the Festive Season.

New Treasury regulations, soon to be published under the Public Finance Management Act, could have major implications both for property developers and human settlements departments vying to gain access to well-located, non-core land owned by state-owned enterprises. 

The Dube TradePort in Durban will formally become a special economic zone.

Monday, 29 September 2014 10:40

Parliament negotiates R1.4bn precinct upgrade

Parliament's new presiding officers want the legislature's shelved multimillion-rand expansion programme to be implemented with immediate effect.

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