Table Bay Mall has signed a new key anchor tenant that brings additional convenience and a new complementary offering to its customer base.

Richmond Corner shopping centre opened in Cape Town introducing some 6,500m2 of sought-after convenience retail and uplifting its community.

Following the required pause during lockdown, construction has once again resumed on the Old Cape Quarter luxury mixed-use development, located at the popular Cape Quarter Precinct in De Waterkant.

A new mixed use development is being planned near the landmark Imhoff Farm in Kommetjie, with the public participation process being undertaken as part of the required Environmental Impact Assessment (EIA) process set to commence in mid-July.

In this report, we discuss the 2nd quarter 2020 results of the rental market component of our FNB Commercial Property Broker Survey, which surveys a sample of commercial property brokers in and around the 6 major metros of South Africa, namely, City of Joburg and Ekurhuleni (Greater Johannesburg), Tshwane, Ethekwini, City of Cape Town and Nelson Mandela Bay.

Tsebo Solutions Group is grateful to be a proud winner at the 2020 PMR.Africa Awards with an overall total of eight awards.

“The COVID-19 Crisis has changed the world a lot, perhaps less through introducing new trends and more through speeding up old trends,” said John Loos, FNB Economist at an FNB Commercial Property Finance (CPF) webinar earlier today.

Shoppers slowly began returning to shopping centres and malls after lockdown restrictions were eased slightly on May 1 and activity is expected to pick up further when the country moves to level 3 lockdown  from June 1 says Fortress REIT, the owner of 60 malls across South Africa.

Exemplar REITail records solid double-digit dividend growth of 11.9%, with a full year dividend of 92,27 cents.

On Sunday evening, the President announced a relaxation in COVID-19-related lockdown measures, from level 4 to level 3 as from 1 June, which means the opening up of most retail activity, excluding restaurant and pub facilities.