Strong December retail trade was recorded by the Flanagan & Gerard Property Development & Investment portfolio of shopping centres, with its top performing mall growing turnover by 18%.

After an unexpectedly tough 2018, but with the welcome announcement that the repo rate remains unchanged following this first MPC meeting of the year, the outlook for 2019 is somewhat brighter.

With sales of R150 million to date, only 52 out of the total of 143 apartments are still available for purchase in the brand new, designer apartment development, Le Boulevard, in the heart of uMhlanga on the rapidly expanding KwaZulu-Natal North Coast, according to Carol Reynolds.

Tuesday, 20 November 2018 12:00

Waterfall welcomes PSG Wealth to The Ingress

Attacq Limited,  the JSE listed property company developing Waterfall City and Waterfall Logistics Hub, is proud to announce that PSG Wealth is set to move into one of its new developments -  The Ingress. 

The Firstrand economic team expects a 25 basis point interest rate hike this week when the SARB (South African Reserve Bank) MPC (Monetary Policy Committee) meets to deliberate on interest rates.

Heartwood Properties, a commercial and industrial property developer listed on the 4 Africa Exchange, recently announced the appointment of Mr. Bernard Roy Seeff as the latest non-executive director to join the company’s board of directors and act as a member of their audit committee.

JSE listed Attacq Limited  in collaboration with JV partner Tricolt, announced today that phase one of Ellipse Waterfall, the first high-rise residential development within Waterfall City is selling fast, with sales totalling R420m in the first week.

Tuesday, 06 November 2018 21:32

Africa Investment Forum a game-changer

This week’s inaugural Africa Investment Conference is expected to be a game-changer for the development and economic growth prospects of the continent, organisers said on Monday.

The inflow of imports, most consumer goods, is contributing to increasing demand for storage, logistics and warehousing services in South Africa, and a clear correlation is visible in the trend of wholesale and retail trade sales in comparison to imports.

Private sector-financed building activity (see explanatory note) in the South African market for new housing showed continued diverging trends on specifically a segment level in the first eight months of 2018, which caused the planning phase of new housing to have improved whereas the construction phase has contracted over this period.

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