Bridge City is set to become the centrepiece of an affordable housing development that will see more than 350 units being developed with the first ones being up for sale towards the end of next year.
JSE-listed diversified real estate investment trust Redefine Properties continues to expand into the exciting Polish market with the acquisition of a 95% share for €185.8 million (R2.9 billion) in a portfolio of nine operating logistics properties located throughout Poland.
JSE-listed EPP - the retail-focused Polish property play – announced first quarter results for the three months ended 31 March 2018 (“Q1”), showing distributable earnings increased 48% to €23.7 million and increased 9% on a per share basis to €2.98 compared to Q1 2017.
Residential building activity in the planning phase improved, with the construction phase contracting in the first four months of 2018.
The FNB/BER Building Confidence Index lost 14 points to register a level of 29 in 2Q2018. This is the lowest since 2Q2012.
Atterbury has closed a landmark deal that will see CooperVision, a world leader in contact lenses, become the first tenant at its prime Randport Industrial Development in Gosforth Park, Germiston, Ekurhuleni.
MMQSMace, Mace’s joint venture cost consultancy business in South Africa, has been appointed as quantity surveyors for three aviation projects worth more than $70m by Airports Company South Africa (ACSA).
The company was created from the core of McCormick Property Development (MPD) – a company with over 35 years of experience in the development and management of rural retail centres.
Africa’s burgeoning big cities will play an increasingly central role in the continent’s growth and development, driven largely by Africa’s rapid urbanisation.
JSE-listed EPP (Echo Polska Properties) - the retail-focused Polish property play - today announced its acquisition of the King Cross Marcelin Shopping Centre for €91.1 million marking its first entry into Poznan.