Construction of Palm Brook, the fifth block of apartments in the Oasis Luxury Retirement Resort at Century City where 23 apartments have already been sold for more than R120million, has now commenced.

The country’s third-largest real estate investment trust singles out 2014 as “a milestone year” for its development team.

The massive 131 000 m² Mall of Africa is scheduled to open in April 2016.

The R1.4 billion new 65,000m2 Ballito Junction Regional Mall is already more than 80% full, with more than a year-and-a-half before it is due to open in March 2017.

FirstRand Bank today announced the official opening of its regional head office in Umhlanga, Kwazulu Natal. 

Attacq's flagship Waterfall development, a trail-blazing mixed-use property development centrally situated between Pretoria and Sandton, is changing the landscape of Gauteng, with developments valued at more than R7 billion already developed or secured.

South Africa's construction industry is not out of the woods yet, despite data pointing to an upward trend.

Monday, 09 December 2013 21:47

Construction sector set to turn corner

Business updates by construction firms show their order books have generally bulked up or remained stable.

Redefine Properties’ 90 Grayston Drive construction site was awarded first prize in the Master Builders Association North Regional Construction Health and Safety Awards. 

South Africa’s largest investor, the Public Investment Corporation (PIC), says construction firms recently fined R1.46bn for colluding to fix tenders for soccer stadiums, roads and other major projects, should claw back bonuses from the crooked executives who fixed the projects.

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