Re-grading affects some nodes in Cape Town office vacancy market for Q1

Cape Town’s inner city is emerging as one of SA’s strongest residential growth nodes‚ with the combined rand value of all CBD property sales increasing by a whopping 72% last year.

SA hotel industry looks to be emerging from its post-Soccer World Cup slump‚ occupancy and room-rate figures for last year show.

Soaring demand for hotel accommodation in Century City in recent years has increased the average annual occupancy to 73% necessitating additional hotel rooms be brought on stream, says Greg Deans, a director of Rabie Property Group, the developers of Century City.

Tower Property Fund announced on Monday the acquisition of Cape Town-based De Ville Shopping Centre for the sum of R226m‚ to be paid in shares.

Refurbishments and upgrades enhance property values, reduce vacancies

A property developer with powerful South African backing claims that his new building, which is planned for Edinburgh in Scotland, will be a 'vibrant scheme'. 

Hyprop Investments' share price falls 4% over the past week‚ creating what some believe is a temporary buying opportunity for investors keen to share in the spoils of SA's largest shopping centres and the burgeoning consumer markets of Ghana and Zambia.

Submitting building plans is set to become easier, faster and paperless, with the City of Cape Town's overhaul of the current development plan application process.

Growthpoint Properties and the Public Investment Corporation, which bought Cape Town's Victoria & Alfred (V&A) Waterfront for R10bn in mid-2011, have plans to invest another R3bn-R4bn over the next three years to unlock the precinct's remaining 200,000m² development potential.