Growthpoint Properties today announced 5.9% growth in distributable income to R3.1bn with revenue from the group increasing 4.3% for its half-year to 31 December 2018, representing dividend growth of 4.5% per share for investors.

Wednesday, 13 March 2019 12:17

Executive management transition at Atterbury

Atterbury, the leading South African real estate developer and investor, has taken the next step in its leadership succession plan, restructuring and realigning its executive management.

One thing is certain, apart from the overall inflationary impact, the spiralling cost of fuel directly impacts on the demand for conveniently situated, sectional title property in key economic hubs – close to the workplace, schools and all amenities.

The Rubik , a newly launched luxury mixed-use building situated in the heart of Cape Town’s CBD is set to challenge property development in South Africa with its iconic and unique architecture and design.

A new analysis by INRIX, has shown that Cape Town’s commuting vehicle drivers, spend more time in congested traffic than those of any other major city in South Africa.

“Climate change is real,” Minister Mboweni’s budget speech statement is a fact. But now what? We need to be smart, diligent and brave to reach the low carbon future the National Development Plan plotted out for us, says Dorah Modise, CEO Green Building Council South Africa.

Although a date is yet to be set for the implementation of the looming Rental Housing Amendment Act, many of the proposed changes, including criminal liability for non-compliant landlords, have sparked considerable concern.

Texton Property Fund has secured a long-term lease renewal with Truworths for its prominent high street shop in central Durban, KwaZulu-Natal - one of the group’s biggest stores in South Africa.

Rental growth affects values within the industrial property sector, plus is a large determinant of business costs.

The Green Building Council South Africa (GBCSA) has awarded a 4-star Green Star Sustainable Precincts certification – the first in Africa – to a project that will be built by historic Cape Town development company, Garden Cities NPC (RF), as a further phase of its flagship Cape West Coast suburb, Sunningdale.

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