uMhlanga’s most significant new commercial and retail development is just seven months away from opening.

The completion of the R360 million Admin Craft Basin (ACB) in the Port of Ngqura has opened up opportunities for revenue growth in this young developing port. The new structure will be home to the port’s three tugs and one pilot boat soon, freeing up Berth C101, which was designed to handle revenue generating vessels.

Wednesday, 11 April 2018 03:00

RDI disposes of leeds for £26.1 Million

RDI, the FTSE 250 income focused UK-REIT, which has a primary listing on the London Stock Exchange and a secondary listing on the Johannesburg Stock Exchange, today announces that it has exchanged contracts for the disposal of City Point in Leeds for £26.05 million. 

There have been signs of significantly improved economy-wide sentiment early in 2018, an improvement that many link to the change in the ruling party’s leadership, which translated into a change in the country’s President too.

Our Firstrand expectation is for a 25 basis point interest rate cut in the SARB’s Repo Rate, when its Monetary Policy Committee (MPC) meeting concludes on Wednesday. Should this happen, it would lower the Repo Rate to 6.5%, and the Prime Lending Rate of banks to 10%.

House prices in the Northern Cape are reflecting robust growth as the demand for residential accommodation outstrips supply.

Thursday, 15 March 2018. Mauritius. Grit, the only listed Africa focused distribution group to offer international property investors direct access to immediate high growth opportunities on the African continent outside of South Africa, today announced its first foray into Ghana, West Africa.

In the last decade, SA REITs have proven their ability to operate successfully on the international stage and play in almost any market in the world. But does this make them truly global real estate players?

Sibaya Casino & Entertainment Kingdom has enhanced its capacity as a host for grand scale events with its expansive, multipurpose venue, Sun Park.

Rising municipal rates and taxes is a hot-button issue - one that negatively affects, not only operating costs and gross rentals, but also makes demand on property management resources.

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