Fortress REIT Ltd., the diversified property group, today advised shareholders that its board of directors has identified suitable candidates to continue driving the business forward and ensuring continuity.

Rebosa welcomes request for probe into Estate Agency Affairs Board

Growsmart, the leading education initiative by Growthpoint Properties in collaboration with the Western Cape Department of Education, this month launched its ninth annual programme focused on boosting the literacy, numeracy and science performance of primary school children.

While the look ahead will be challenging for the South African property industry as a whole, there are still pockets of opportunity for investors, landlords and tenants, says Tim Cable, director, who now heads up the real estate sector in South Africa for global professional services consultancy, Turner & Townsend.

Nedbank Property Finance recently provided R500 million finance for the development of a 303-room three star Stay Easy Hotel and a 202-room four star Sun Square Hotel, both of which will be operated by the Tsogo Sun Holdings. Group

Lee-Anne Bac, director, Advisory Services at Grant Thornton Johannesburg, has been appointed as Gauteng Chairperson for the Women's Property Network South Africa for 2015.

Turner & Townsend appointed to project and cost management role for new Grant Thornton Johannesburg office.

Redevelopment of the Rosebank Mall in Johannesburg is having a welcome effect on hotels in the area, with foreign business tourists now staying longer, partly to shop at the new high-end stores.

International perceptions about Johannesburg change, making it easier to bid to host international events in the city , says executive director of the Sandton Convention Centre, Matifadza Nyazema.

South African-listed property sector is set for a radical overhaul that is likely to woo a far greater number of foreign investors.
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