As development sites sell for R16.7M, a recurring question being asked in property circles is whether vacant land is still haunting investors and financial institutions, or has appetite returned?.
The economic downturn has seen the leisure property sector battle as several struggling golf and leisure estates have seen the auction block in recent months
Nedbank Corporate Property Finance has funded the R265-million second phase of the Upper Eastside mixed use development in Woodstock, Cape Town
Estate agents have expressed confidence about the sustainability of foreign interest in the South African residential property space post the 2010 Soccer World Cup.
Owning shares in Hyprop Investments and Resilient Property Income Fund, means investors own some of the best retail property in SA.
With the construction of the nearby Cape Town Stadium, and close proximity to the V&A Waterfront and Cape Town CBD, the area has attracted a lot of attention from investor.
Auction Alliance will take La Chanelle, a fruit and wine farm in the Franschhoek Valley, to auction on October 8
The R5.4bn, five-year expansion programme at the Cape Town container terminal continues to transform South Africa's second largest container facility.
For many investors, Growthpoint is a good proxy for the property sector. It is in the Alsi 40, with a R26bn market cap. It has a similar split to the overall property market, with 42% in offices, 36% in retail and 22% in industrial property. In the year to June, however, the increase in Growthpoint’s distribution (dividend) was below the listed property sector’s at 5,8%.
Hospitality Property Fund announced on Tuesday it had acquired Westin Grand Cape Town and Arabella Western Cape Hotel and Spa for R715.2 million.

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