Abland making good progress on R2bn smart precinct in Pretoria
Abland, one of South Africa’s leading property developers for over 30 years, together with its partners on the Irene Link development, Giflo and SOM will be breaking ground on the second phase of the commercial development at the Irene Link precinct in Pretoria, in October 2019. This 8,500m² commercial building will be ready for occupation in October 2020.
Reserve Bank keeps repo rate unchanged
South African Reserve Bank Governor Lesetja Kganyago on Thursday said this is in line with market expectation.
Attacq Ltd and Tricolt break ground on Ellipse Waterfall
Today Attacq Ltd the JSE listed REIT developing Waterfall City, and Waterfall Logistics Hub announced, in partnership with acclaimed property developer, Tricolt, the breaking of ground at Ellipse Waterfall, the first high rise development within Waterfall City.
R240m Sterling development by Growthpoint in Centralpoint innovation district, Samrand, nears completion
Growthpoint Properties’ R240m Sterling Industrial Park development in its Centralpoint innovation district is bringing to life the next phase of this major high-tech precinct.
Centurion Mall, Redefine’s largest asset after comprehensive refurbishment
The JSE-listed diversified real estate investment trust Redefine Properties today announced the completion of the comprehensive R1.06 billion refurbishment of its retail property in Centurion CBD.
Comprop R1.8 billion all cash offer for Safari
Safari Investments, the Pretoria based low LSM retail property fund, today announced the receipt of a firm intention proposal from Community Property Company , an unlisted property fund in the Futuregrowth Asset Management stable, to make a R1.8 billion all cash clean offer to acquire the entire issued share capital of Safari.
FNB Estate Agents Barometer: "Foreign effect" on domestic market
Increased over the past two years, contributing to excess supply predominantly in the upper-ends of the property market.
Twin City to develop new R290m mall in Vryburg, North West
The North West agricultural town of Vryburg is set to get its first enclosed shopping mall with a new 20 000m² centre.
Texton successfully closes a cluster of industrial leasing deals in Pretoria’s Hermanstad
Texton Property Fund has secured leases over more than 10,000sqm of industrial space at its Hermanstad Industrial Park in Pretoria.
Delta results impacted despite DPW lease renewals gaining momentum
Delta Property Fund, a specialist black-managed and substantially black-owned REIT with a significant sovereign underpin, today reported results for the year ended 28 February 2019 reflecting the toughest operating year in the Fund’s history.
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