Cushman & Wakefield | BROLL Capital Markets offers the market two adjacent logistics assets in the prized location of Brackengate Business Park

In recent times the Western Cape has witnessed a renewed focus on and revived political enthusiasm for affordable accommodation development, sparking a wave of positive movement in the affordable rental housing market, particularly in inner-city, in-city and burgeoning urban nodes.

More than 80% of the available plots have been sold at Kerzner Estate, in a prime location set high on the slopes of Leeukoppie between Llandudno and Hout Bay.

Two of Balwin’s Western Cape developments have joined the City of Cape Town and Eskom’s Load Curtailment programmes.

Emira Property Fund (JSE: EMI) has agreed to sell basically all its wholly owned Cape Town properties in a sizeable R1.1 billion transaction, which will create significant and immediate liquidity for Emira to pursue its strategy.

In the face of South Africa's strenuous economic conditions, characterised by a 5.9% consumer inflation rate and notably high interest rates (with the repo rate at 8.25% and the prime lending rate at 11.75%), the housing market's resilience emerges as particularly noteworthy.

Growthpoint Properties is piloting a 4.5MW battery system at Paarl Mall in the Western Cape to store electricity for its continuous, cost-efficient power supply.

The National and Western Cape Department of Human Settlements, together with its agency, the Social Housing Regulatory Agency (SHRA), recently launched the Anchorage Social Housing Project in Glenhaven, in the Western Cape.

By late-2019, all 3 major provinces had seen the rental payment performance of their Commercial Property tenant population slide mildly from highs reached a few years prior.

Spear REIT Limited (SEA:SJ), the only regionally focused REIT on the JSE with exposure to high quality Western Cape-only assets, disclosed its group performance under the national lockdown in a pre-close investor presentation on Friday 28 August 2020.