Taxpayers splurge a hefty R4 billion on property leases per year.

A new 148-room City Lodge Hotel has opened at Newtown Junction - Atterbury Property Developments’ ground-breaking R1.4 billion mixed-use development in the Joburg CBD.

Attacq, the pioneering JSE-listed capital growth property fund, has appointed accomplished property professional Pete Mackenzie as Head of Development, effective from 1 January 2016.

The City of Cape Town, in partnership with Eskom and the South African Property Owners Association (SAPOA), launched Cape Town’s Energy Efficiency Forum (EEF) in 2009 to assist commercial buildings and operations in improving their energy efficiency.

Large property owners have not warmed up to the newly created ombud office that is due to provide inexpensive dispute resolution services for tenants and landlords, mainly of apartment blocks.

Attacq Limited, the pioneering JSE-listed capital growth property fund, today posted growth of 20.6% in net asset value for shareholders and growth in adjusted net asset value per share (NAVPS) of 17.9% for its full financial year to 30 June 2015.

Growthpoint Properties has shifted its focus to its own developments as it struggles to find reasonably priced new acquisition opportunities in the local property market.

Nomzamo Radebe, CEO of JHI Properties - part of Excellerate Property Services Group, has been appointed as President of the South African Council of Shopping Centres (SACSC) and named President Elect of the South African Property Owners Association (SAPOA) for 2016/7.

Tuesday, 21 July 2015 15:46

Prime office space still in demand

Although high office vacancies continue to plague the listed property sector, there has been some respite in the second quarter of this year.

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