Month-end saw the grand opening of Phola Mall, the first fully enclosed regional shopping mall in the old ‘Kwa-Ndebele’ region of Mpumalanga. 

Mpumalanga Premier David Mabuza has committed to build 1 000 RDP houses for the Louisville mining community living next to the closed Lily Mine in Barberton.

Home to Eskom’s Kusile Power Station, the Mpumalanga coal-mining town of eMalahleni (formerly known as Witbank) continues to experience a strong demand for housing, says Elisme Swart, area principal for Pam Golding Properties.

During what may be described as a tumultuous 2016 to date, while trading conditions in the property auction arena have proven challenging, retail shopping centres, service stations, hotels and residential blocks have shown resilience throughout this period and are still in strong demand.

Emira Property Fund Limited today reported distribution growth of 8.8 % per share for its full-year ended 30 June 2016, meeting its market guidance with a strong set of results for Emira investors.

eThekwini Metro in KwaZulu-Natal and Mossel Bay Municipality in the Western Cape have been named the greenest municipalities in South Africa.

Founded forty years ago to house a few thousand people working on the then-new Sasol Two and Sasol Three plants in Mpumalanga, Secunda has since grown into a thriving modern town with about 300 000 residents and a complex economy of its own.

Record trade highs are being reported at Mpumalanga’s Middelburg Mall, with its shopper numbers growing by an unprecedented 32% over the past year.

Emira Property Fund is enhancing its portfolio of assets by investing in strategic acquisitions, redevelopments and expansions to its properties, which increase both the quality of its portfolio and its exposure to the retail sector. 

Freedom Property Fund announced the appointment of Dr Nakedi Mathews Phosa as an independent non-executive director of the real estate capital growth fund from 11 May 2015.

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