Growthpoint Properties CEO Norbert Sasse has been presented with the inaugural South African Property Owners Association’s (SAPOA) Lifetime Achievement Award.
An entrepreneur Malose Kekana , clings a multibillion-rand deal which will see his consortium owning 24% of property company, Pareto.
The brand new Khayelitsha Shared Services Centre, commissioned by the Department of Transport and Public Works for the provincial departments of agriculture, education, social development and health, is expected to be fully occupied by the end of May.
While SA offers the best real estate investment opportunities in Africa, investors need to focus on funds that have strong property fundamentals.
While the South African residential property market is showing signs of strain, prices in the Western Cape just keep going up.
Specialist logistics property developer and landlord, Equites Property Fund Limited (“Equites”), today announced total distributions for the year ended 29 February 2016, of 96.6 cents per share – an increase of 18.3% relative to the previous year on an adjusted full year basis.
Cape Town’s Northern Suburbs are often all seen as very similar by those who aren’t familiar with them.
Specialist logistics property developer and landlord, Equites Property Fund Limited, today announced that the company anticipates the distribution per share for the year ended 29 February 2016 to be between 95 and 97 cents per share, which is between 55.1% and 58.3% higher than the 61.26 cents per share reported in the annual results for the year ended 28 February 2015.
A prime piece of land in Bantry Bay, once a land claim belonging to the Tramway Trust, is now under development and set to become the biggest development ever in Cape Town.
The total value of sales in the South African housing market has been steadily increasing, with an 8.3% increase in the value of residential-property transactions from 2014 to 2015.

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