Safari Investments, which focuses on township shopping malls, is on course to grow to a R3bn fund in 18-24 months.

Balwin Properties, South Africa’s largest homebuilder focusing on large scale sectional-title residential estates in high-growth, high-density metropolitan nodes in South Africa’s major cities, this morning announced strong interim results for the six months ended 31 August 2015.

Statistics released by ooba, show that the overall demand for sectional title property has risen year-on-year (yoy) by almost 7%.

The Minister of Trade and Industry, Dr Rob Davies Davies, says that transformation of the property sector in South Africa should contribute towards reversing the legacy of the Native Land Act, 27 of 1913, subsequent discriminatory policy and legislation which denied black people access to productive land and property.

Wednesday, 11 November 2015 09:57

JLL sells Park Inn Sandton hotel for R265 million

The 273 room Park Inn Sandton hotel has been sold by way of Private Tender by JLL South Africa, realising a sale price of R265 million, 15% more than the vendor’s expectations.

Redefine Properties' full-year results released today reflect the company' strong growth trajectory for the year ended 31 August 2015, backed by a solid financial performance and underpinned by a dynamic, future-focused strategy.

Carletonville Mall – the new R330 million 26,000sqm shopping destination in the famous gold-mining town on Gauteng’s West Rand opened its doors on Thursday, 29 October 2015, to the delight of thousands of shoppers and visitors.

According to Jacques du Toit, Property Analyst at Absa Home Loans, the first nine months of 2015 saw the value of outstanding credit balances in the South African household sector rising by 4,3% year-on-year (y/y).

Rebosis reports strong annual distribution growth despite challenging economic environment.

Delta, the JSE’s sector specialist with unique exposure to commercial assets with a predominant government underpin announced that it has maintained its Level 2 Broad-Based Black Economic Empowerment (B-BBEE) Contributor status.

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