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CWE 2018 report highlights positive outlook for African property market

Posted on 2018-03-20
19 MAR 2018    

Covering trends and dynamics affecting the commercial, industrial and retail property sectors in key African markets, Cushman & Wakefield Excellerate has released its 2018 Africa report: The Winds of Change - An African Perspective.

Image source: www.pexels.com

The report provides an……more

SA real estate investment saw slowdown in 2017: JLL report

Posted on 2018-03-16
n its recently released 2017 Investment Review of the South African property market, real estate consulting firm JLL highlights a decline in overall capital invested (excluding new developments) to R13.3bn from R28.7bn in 2016.

© 06photo – 123RF.com

The report reviews investment activity in the……more

V&A buildings awarded five new Green Star ratings

Posted on 2018-03-16
The Green Building Council South Africa (GBCSA) has awarded the V&A Waterfront five new Green Star ratings bringing to 12 the number of ratings awarded to various buildings at the V&A Waterfront.

Watershed at the V&A Waterfront

Speaking at a plaque handover……more

Real estate investment trust Spear sells vacant Cape Town property for R150m

Posted on 2018-03-15

Western Cape-focused real estate investment trust (Reit) Spear announced a R150m property disposal along with the completion of a R50m upgrade of a shopping centre on Tuesday, 13 March.

Sable Square

Spear said it sold a vacant property, 142 Bree Street,……more

Four hijacked Joburg properties handed back to owners with 28 arrested

Posted on 2018-03-15
Twenty-eight people have been arrested for trespassing and contempt of court after a sting operation at five hijacked properties in the south of Johannesburg.

© Sudhir Misra – 123RF.com

Mayor Herman Mashaba said the operation took place on Tuesday night. Minors found in……more

Are resident associations being captured by the property industry?

Posted on 2018-03-15
Sea Point shows how developers use these organisations to advance their own interests

Gavin Silber and Sarita Pillay, GroundUp  /  15 March 2018 12:00     

Image: Supplied

The cost of a home in Cape Town’s historically white inner-city suburbs is rising faster than almost anywhere else on the planet.……more

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