Grundfos has added its weight to South Africa’s "green" building drive, with the company’s newly constructed head office for sub-Saharan African aiming to achieve a five-star Green Star rating.

JSE-listed Hyprop Investments (HYP) is one step closer to acquiring the Somerset Mall in the Western Cape‚ which would be one of the most significant retail transactions in the local commercial property market.

With limited targets up for grabs in the market, many listed property groups are taking advantage of the cheap funding environment to restructure their debts and improve the quality of their existing portfolios.

Operating cost increases continue to have a negative effect on income growth in the commercial property sector.

Substantially black-held property company Rebosis Property Fund is likely to surpass its targeted asset base of R10bn well before the initial target date of 2017, says CE Sisa Ngebulana.