Property News Articles in South Africa

The new multi-million rand Tugela Ferry Mall and Jozini Shopping Centre in rural KwaZulu-Natal have been trading well since opening.

A new flexible co-work facility, One Chadwick Co-Working Space, is being developed in Wynberg just off Grayston Drive in Sandton.

The Amdec Group handed over a cheque for R250k to the SANParks Honorary Rangers in support of their work protecting one of Africa’s big five.

As tough economic conditions continue to take their toll on the property sector, here are trends that can help commercial owner-occupiers…

Redefine Properties has been recognised at the Nkonki Top 100 JSE Integrated Reporting Awards for its 2014 Integrated Annual Report.

The Pretoria School for Cerebral Palsy Learners received R500 000 worth of renovations from Property Point and other small businesses.

Broll Property Group has secured new property management contracts valued over R35 billion and buildings measuring over 1.7 million square metres.

There is 15 million square metres of office space in South Africa, while the rest of Africa boasts only 6 million, but this is set to change.

Almost a third of European retailers view Africa as an important future destination in the next three to five years, according to CBRE.

Emira Property Fund is upgrading its Knightsbridge Manor office park in Bryanston, Johannesburg, to a P-grade, Green Star SA rated complex.

By 2035, 50% of Africa's population will live in urban areas with strong growth over the next 10 years, set to more than double in many key cities.

Sandton City, which had a major makeover and expansion in recent years, attracts over 25 million shoppers a year making it the busiest centre in SA.

Atterbury Europe jointly with Attacq Limited has acquired a one-third stake in a €259m portfolio of 7 Serbian shopping centres with MPC Properties.

Consumers who can afford to buy luxury products expect an 'indulgent' experience and personal attention from luxury retail stores.

Even with the sixth highest number of shopping centres in the world, there are still opportunities for more retail centre development in SA.

In a move significant to the continued redevelopment of the Johannesburg CBD, Propertuity and Delta have closed a deal for four buildings.

Rising replacement costs have made investing in existing commercial buildings very appealing. Here’s what to expect in 2016…

Close to OR Tambo International Airport, Bedfordview in Johannesburg stands to gain from businesses seeking to escape traffic-congested Sandton.

The 75 000sqm first phase of a new mixed use district at the V&A Waterfront in Cape Town, which straddles both sides of Dock Road, is under way.

The Grande Dame of South African retail, Hyde Park Corner in Johannesburg, offers even more for the luxury-conscious consumer this festive season.

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