Wednesday, 23 May 2018 23:36

Africans investing in Africa

While the number of international buyers in residential property in South Africa remains relatively low, at somewhere in the region of three percent nationally, investors from elsewhere on the continent – including returning expats - retain their appetite for the acquisition of South African real estate for a variety of reasons.

Abland, one of South Africa’s leading property developers for over 30 years, together with its partners; Giflo Developments and SOM have commenced work on a new mixed-use precinct called Irene Boulevard in the heart of Irene, South of Pretoria.

JSE-listed diversified real estate investment trust Redefine Properties’ (JSE: RDF) strategy on solar energy is delivering cost efficiencies across the business and improving performance on key sustainability metrics.

Attacq welcomes Cummins - a global leader in the design, manufacturing, distribution and servicing of power generation – to its Allandale building; reaffirming Waterfall City as a leading corporate consolidation destination in Gauteng.

JSE-listed diversified real estate investment trust Redefine Properties, better known for its retail, industrial and office holdings, have commenced on the ZAR426 million residential development Park Central.

Leading SA REIT Growthpoint Properties has commenced its multi-million Rand development of a new head office for Exxaro, one of the largest and foremost empowered South African-based diversified resources companies.

JSE-listed diversified real estate investment trust Redefine Properties (JSE: RDF) has announced plans for Rosebank Link, a new 15 storey office tower located at 173 Oxford Road in the heart of bustling and cosmopolitan Rosebank.

Rosebank’s hottest new development, FireStation Rosebank, is progressing at pace.

Growthpoint Properties today introduced the first electronic bike hubs to Sandton Central in a pilot project that pioneers a new, convenient and environmentally innovative alternative mode of transport for South Africa’s financial hub.

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