Construction of the new R450m, 40,000 square metre regional shopping centre on site adjacent to The Ridge Casino in Emahlaleni has commenced.
There is still very much a place for listed property in the form of property loan stocks and property unit trusts in one's portfolio - particularly if one is looking for increased income.
Property loan stock company Redefine's sparkling results (Companies April 22) have revived the debate about whether property funds listed on the JSE should be pure or "hybrid".
A turnaround in retail development is leaving traditional small towns out in the cold.
Durban-based Marriott and its four listed funds - SA Retail, Martprop, Ambit and Oryx - are the most vulnerable in the sector to the predations of their peers
Hot listed property market has run ahead of itself, while speculators in residential real estate should cash in.
Listed property loan stock company Pangbourne Properties, which has been on the acquisition trail recently, said last week it would buy the Crescent Retail Centre in Umhlanga Rocks for R176,1m in cash.
UK's third biggest property group has concluded a deal that will see it acquiring a stake in two additional prime UK shopping centres.
Pangbourne has increased its distributions by 4,7% as a result of improved occupancies and increased rentals in the companies industrial property portfolio.

eProperty News is a leading online commercial property marketplace serving the Southern African Investment, Office, Retail and Industrial property and allied sectors.