Nedbank Corporate and Investment Banking (NCIB), is pleased to announce the appointment of Richard Edwards as Cape Regional Executive: Property Finance.

A R6.2 billion new Gauteng housing project – the Leratong City integrated nodal development – is set to get under way in Leratong, Mogale City in a joint development by McCormick Property Development, Calgro M3 and Sasuka Logistics Services.

The latest research from JLL South Africa shows that the trend in commercial property investment activity in South Africa in the past year has been one of managing risk and avoiding loss in the South African economy, increasing the preference to hold property as opposed to cash reserves.

Answering the demand for smaller industrial sites, property group JT Ross has released a basket of sub divided plots in Durban’s landmark development, Cornubia.

Commercial property is no more a ‘Cinderella’ asset class for UHNWI’s as they now account for 25% of global commercial property investment volumes investing $902 billion into the sector since the current cycle commenced in 2009.

Barrow Properties and Menlyn Maine Investment Holdings have just announced the launch of Park Lane West, an 11 800 m ² sectional title office building, setting new standards in corporate design.

Protea Hotels will invest about R627m developing two hotels in Uganda, says group.

Texton Property Fund appoints Patrick Ntshalintshali asnew non-executive director.

Due for completion later this year at 50 Katherine Street, Sandton, the new Sasol global headquarters is setting a new standard for commercial property development and corporate workplace environments in South Africa.

As land reform takes centre stage ahead of municipal elections this year, the South African Property Owners Association (SAPOA) has called for professionals in the property sector to arm themselves with the right skills to navigate this exciting but often controversial terrain.