The Pivotal Fund Limited (‘Pivotal’), a development-focused investment fund, today reported solid results for the six months ended 31 August 2016 with a 17.35% increase in net asset value per share to R23.00, excluding deferred tax (“NAVPS”) year-on-year.

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.

A press conference marking 60 days to the November launch of the new Menlyn Park Shopping Centre was held today.

The City of Tshwane will reopen its application to get Wonderboom Airport back to international status.

Menlyn Park Shopping Centre in Pretoria is undergoing a R2-billion redevelopment that will make it the largest mall in Africa, with over 500 shops. And for added convenience for shoppers, a South African Police Service (SAPS) Brooklyn contact point has been opened at the centre.

The Pretoria decentralized office market continues to suffer from the aftermath of overzealous development coupled with weak demand for space to rent.

Easy access to the workplace, educational institutions, shopping, entertainment, transport, and other facilities, as well as security, remain important concerns to the residents of Pretoria, and are assisting to drive ongoing demand for properties in well-situated estates and sectional title complexes.

Monday, 13 June 2016 09:34

Unease over expensive malls

Furry of new listings, mergers and acquisitions in the JSE's R450bn listed property sector continues unabated.

Leading South African property developer and investor Atterbury today announced it will undertake a prime new multibillion-Rand development in Pretoria.

Tuesday, 05 April 2016 12:04

Mall of Africa opens on 28 April

Developed on a scale beyond anything the country has known by leading South African property developer and investor Atterbury, the iconic new Mall of Africa is set to open in less than a month, on 28 April 2016.

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