Emira Property Fund (JSE: EMI) has agreed to sell basically all its wholly owned Cape Town properties in a sizeable R1.1 billion transaction, which will create significant and immediate liquidity for Emira to pursue its strategy.

Boxwood Property Fund is proud to announce the appointment of Sarah Divaris as its new Chief Operating Officer (COO).

Wednesday, 14 February 2024 06:46

Cape Town's property market; booming or bubbling?

In the face of South Africa's strenuous economic conditions, characterised by a 5.9% consumer inflation rate and notably high interest rates (with the repo rate at 8.25% and the prime lending rate at 11.75%), the housing market's resilience emerges as particularly noteworthy.

South Africa is under growing internal and external pressure to rein in its carbon emissions, particularly as the effects of the climate crisis become ever clearer.

Property investor and developer Atterbury has completed an innovative new facility for sustainable technology company Rubicon at Richmond Park in Cape Town. 

Cape Town’s CBD is now the most economically sound and successful inner-city precinct in the country, attracting millions of pounds in investment each year.

Richmond Park is a hive of construction activity with four landmark developments in progress and more on the way, reports leading South African property developer and investor Atterbury, which is developing the multibillion Rand Richmond Park for the property’s shareholders.

Truworths’ new world-class Western Cape distribution centre will be built in King Air Industria Cape Town, an Atterbury Property and Old Mutual Properties development.

The City’s Mayoral Committee Member for Economic Growth, Alderman James Vos, held an engagement this week with the Greater Tygerberg Partnership (GTP) where he announced the City government’s continued cooperation with the development facilitation agency for socio-economic development in the greater Tygerberg area. 

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