Global hotel operator Marriott International is set to open its first hotel in SA in the up market Melrose Arch precinct.

Growthpoint Properties has announced it will dispose of a portfolio of 13 non-core office properties on an invited tender basis.

The impact of buildings on the environment is astounding, with the built environment currently accounting for 25% of the world’s water usage and 60% of its electricity. But it doesn’t have to be this way.

Welcoming today’s decision by the Monetary Policy Committee meeting to again hold the repo rate steady, Dr Andrew Golding, CE of the Pam Golding Property group, said that South Africa’s housing market continues to demonstrate maturity and ongoing resilience.

A mere three hours from Cape Town and 90 minutes from the Garden Route, Prince Albert, an exceptionally beautiful Karoo town set against the backdrop of the Swartberg Mountains of the Western Cape, has over the years established itself as a leading country town.

Construction has commenced at The Yacht Club, a unique R1.3bn mixed-use iconic development by the Amdec Group, South Africa’s leading developer of New Urban lifestyles.

The listed property sector has managed to outperform other equities but has been outdone by bonds during 2016 so far.

Relocating for a better lifestyle which includes living off the grid in a more self-sustainable manner is catching on fast in the coastal Garden Route areas of Knysna, Plettenberg Bay and Sedgefield.

The recent development of some of the last remaining land in Cape Town’s Northern suburb of Burgundy Brackenfell has caused a massive boom in the rental market, with prices skyrocketing over the past year.

Growthpoint Properties’ industrial portfolio delivered the highest returns to investors in its sector for the three years ending December 2015, as recorded in the MSCI database.