“Women in SA need to be given the opportunity to participate meaningfully, including in the construction industry,” said Department of Public Works and Infrastructure Minister Patricia de Lille.

Government will in the coming months expedite the implementation of at least 50 infrastructure projects with a total investment value of more than R340 billion.

The Rawson Property Group is proud to announce that its MD, Tony Clarke, has officially been appointed Chairman of the Board of Real Estate Business Owners of South Africa (REBOSA).

In this report, we discuss the 2nd quarter 2020 results of the rental market component of our FNB Commercial Property Broker Survey, which surveys a sample of commercial property brokers in and around the 6 major metros of South Africa, namely, City of Joburg and Ekurhuleni (Greater Johannesburg), Tshwane, Ethekwini, City of Cape Town and Nelson Mandela Bay.

Against the backdrop of ongoing measures to address the Covid-19 pandemic in South Africa, the Supplementary Budget 2020 highlighted several key aspects, says Dr Andrew Golding, chief executive of the Pam Golding Property group.

Delta Property Fund, a specialist black-managed and substantially black-owned REIT with a significant sovereign underpin, today reported results for the financial year ended 29 February 2020.

“The COVID-19 Crisis has changed the world a lot, perhaps less through introducing new trends and more through speeding up old trends,” said John Loos, FNB Economist at an FNB Commercial Property Finance (CPF) webinar earlier today.

Shoppers slowly began returning to shopping centres and malls after lockdown restrictions were eased slightly on May 1 and activity is expected to pick up further when the country moves to level 3 lockdown  from June 1 says Fortress REIT, the owner of 60 malls across South Africa.

The current state of the economy brought about by many factors including the Covid 19 Pandemic and the recent downgrade to junk status is having an unparalleled effect on the real estate industry in South Africa.

On Sunday evening, the President announced a relaxation in COVID-19-related lockdown measures, from level 4 to level 3 as from 1 June, which means the opening up of most retail activity, excluding restaurant and pub facilities.