Wednesday, 13 March 2019 12:17

Executive management transition at Atterbury

Atterbury, the leading South African real estate developer and investor, has taken the next step in its leadership succession plan, restructuring and realigning its executive management.

The Atterbury Theatre has undergone a major revamp after almost eight successful years and 2,450 performances, productions and features enjoyed by some 731,630 people.

JSE-listed REIT Safari Investments RSA Limited today posted strong results for the interim period ending 30 September 2018. 

“Overall many key African hotel markets reflected a positive turnaround in tourism in the first half of 2018,” says CEO of HTI Consulting, Wayne Troughton. “Though many of these markets continue to trade off a low base, the positive growth in room nights sold bodes well for future occupancy increases and hotel supply,” he states.

Sales per square metre in shopping centres - from large super regional malls to neighbourhood 'locals' - continued to grow in March, according to the Clur Report of SA Retail Property, an industry barometer tracking performance at more than two million square metres of retail space in South Africa and Namibia.

Wednesday, 23 May 2018 23:36

Africans investing in Africa

While the number of international buyers in residential property in South Africa remains relatively low, at somewhere in the region of three percent nationally, investors from elsewhere on the continent – including returning expats - retain their appetite for the acquisition of South African real estate for a variety of reasons.

The uptick in shopping centre sales out of negative territory is continuing, according to the Clur Report of SA Retail Property Performance for January, an industry barometer.

There have been signs of significantly improved economy-wide sentiment early in 2018, an improvement that many link to the change in the ruling party’s leadership, which translated into a change in the country’s President too.

After months of decline, trading densities across 2.2 million m² of physical retail space in seven provinces of South Africa and in Namibia are trending towards growth, according to an industry barometer.

Over 30,000 excited shoppers welcomed the new 27,500m2 Dunes Mall in Walvis Bay, Namibia, on its opening day of 26 October 2017.

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