Tuesday, 03 September 2019 11:37

SA’s GDP grows by 3.1% in second quarter

South Africa’s gross domestic product increased by 3.1% in the second quarter of 2019, Statistician General Risenga Maluleke revealed on Tuesday.

McCormick Property Development (MPD) confirms that it is all systems go on the much-anticipated Capital Mall, a R1,2bn mega development set to serve the entire Pretoria West region.

Intu, the largest owner and manager of prime shopping centres in the UK, is pleased to announce the appointment of Matthew Roberts as Chief Executive with effect from Monday 29 April 2019. 

The Monetary Policy Committee (MPC) of the Reserve Bank has once again decided to leave South Africa’s repo rate unchanged at 6,75% and prime interest rate the same at 10,25%.

Wednesday, 20 February 2019 19:45

Growth revised down to 1.5% in 2019

National Treasury has revised down the South African economy’s growth to 1.5% in 2019.

Gerhard Kotzé, MD of the RealNet estate agency group, says the SONA highlighted several initiatives and projects that could be positive for the property sector going forward.

Africrest Properties was thrilled to host the Member of the Mayoral Committee (MMC) for Development Planning for the City of Johannesburg- Reuben Masango as well as MMC for Housing- Meshack van Wyk, at the opening of their latest middle income residential development in Bramley, known as ‘The Village’.

Divercity Urban Property Fund has turned the first sod of the Jewel City redevelopment in Joburg CBD.

Dr. Kennedy Okonkwo, a top player in affordable real estate in Nigeria has featured on the November edition of Forbes Africa where he revealed that long term partnerships between private and public sector is key to improving housing gap in Nigeria.

Nthwese Developments and Twin City Development today opened a R240-million Thulamahashe Mall in Mpumalanga.

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