With its successful record in the fast track construction of high-end projects, Concor Buildings has been awarded the prestigious Illovo Central contract. This 17-storey mixed-use development near Sandton is due for completion in January 2020.

The opportunity for African countries in supporting the growth and development of their affordable housing industries is immense and transformative.

Listed real estate investment trust (REIT) Redefine Properties has appointed seasoned business and accounting expert Sindi Zilwa to its board with effect from 2 November 2018.

JSE REIT Stor-Age, the leading and only listed self storage property fund in South Africa, yesterday closed its accelerated bookbuild.

Grit, the only listed Africa-focused income distribution group to offer international property investors access to high growth opportunities in thriving African economies,  outside of South Africa, continued on its strong growth trajectory, reporting solid financial results for the year ended 30 June 2018.

Data published by Statistics South Africa with regard to private sector-financed residential building activity (see explanatory note) showed that the planning phase of new housing improved in the first seven months of 2018, whereas the construction phase contracted.

Thursday, 20 September 2018 20:03

SARB keeps Repo rate unchanged

Consumers will breathe a sigh of relief after the South African Reserve Bank’s (SARB) Monetary Policy Committee (MPC) decided to keep the repo rate unchanged at 6.5%.

After falling to 29 in 2Q2018, the FNB/BER Building Confidence Index was unchanged in 3Q2018.

Wednesday, 12 September 2018 13:39

Plans for Tinley ups KZN Coast's tourism stakes

Tinley is one of Tongaat Hulett’s northern development initiatives and one of significant tourism potential. Featuring kilometres of pristine coastline, lagoon, indigenous coastal forest and a key location within KwaZulu-Natal’s primary growth corridor, Tinley is uniquely positioned to accelerate tourism development.

Attacq Limited (“Attacq”), a South African-based and JSE listed REIT, today reported results for the year ended 30 June 2018.

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