The results of Consulting Engineers South Africa's (CESA) Bi-annual Economic and Capacity Survey for the period January to June 2018 recently released indicates positive news, that the construction sector has seen growth for the first time in six quarters.
[28 September 2018] Park Square, uMhlanga’s newest business and lifestyle development is due to open its doors in November 2018. Interfacing beautifully with its surrounds, the development offers a future-forward, people-centred destination where the surrounding communities and professionals can shop, work and connect.
JSE-listed Emira Property Fund will take a minority stake in JSE AltX-listed Transcend Residential Property Fund, furthering Emira’s stated strategy of expanding its investment in residential rental property.
With 50 % of its Africa deals in 2018 taking place in the Francophone Region, one international operator focussed on the region is the Radisson Hotel Group.
Mauritius, the business-friendly island nation, is celebrating their first Green Star rating at the Mon Tresor Business Gateway. The Mon Tresor Smart City is one of several schemes aimed at consolidating the convenience of Mauritian international business and financial services through helping residents’ work-life balance.
Emira Property Fund is selling a sizeable R1.8bn portfolio of 25 office assets to a new majority black-owned entity, specially setup for this purpose.
“Overall many key African hotel markets reflected a positive turnaround in tourism in the first half of 2018,” says CEO of HTI Consulting, Wayne Troughton. “Though many of these markets continue to trade off a low base, the positive growth in room nights sold bodes well for future occupancy increases and hotel supply,” he states.
Hammerson plc (“Hammerson”) has exchanged contracts for the sale of a 50% stake in Highcross shopping centre in Leicester for £236m. This represents a 5% discount to December 2017 book value allowing for capex associated with the proactive reconfiguration of the former House of Fraser store.
The Green Building Council of South Africa (GBCSA) honoured property owners, accredited professionals (AP) and individuals during the 11th Annual Green Building Convention’s gala dinner at the Century City Conference Centre in Cape Town on Thursday (4 October 2018).
Eastgate Shopping Centre prepares for the opening of three retail giants this October
When it comes to property, the adage goes, “Position. Position. Position.” That’s why Broll Property Group is proud to take its position as Platinum Sponsor of the Africa Property Investment Summit & Expo 2018 (API 2018).It will be held in Sandton, Johannesburg, on the 20th and 21st of September.
Eastgate Shopping Centre prepares for the opening of three retail giants this October.
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.

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