Thrive Student Living has started its largest student accommodation development yet. Representing a significant R800m investment, the new purpose-built student accommodation development has commenced immediately adjacent to the main gate of the Howard College Campus of University of KwaZulu-Natal in Berea, eThekwini. 3 Dec 2024 Read more Black Friday's late arrival on 29 November sets the stage for a uniquely condensed peak shopping season. With five fewer days until Christmas compared to the 25 and 24 November dates of the past two years, the question remains: how will this impact retail sales performance? 29 Nov 2024 Read more Emira Property Fund (JSE: EMI) reported strategic delivery, diversification-enhancing acquisitions, active capital recycling, and strong operational and balance sheet metrics for its six-month interim period ended 30 September 2024. The company’s interim distributable income per share increased by 6.9%. It declared a 1.1% higher cash-backed interim dividend per share of 62.39c. Emira’s net asset value per share increased by 12.3% to 1,945.50cps during the six months, driven by rising property valuations and the fair value equity gain from Emira’s maiden investment in Poland. 15 Nov 2024 Read more Dipula Income Fund (JSE: DIB) has reported a solid set of results for its financial year to 31 August 2024, delivering strong operational, financial and strategic progress. Dipula’s property portfolio produced growth and increased by 4% in value to R10.2bn, contributing to a 5% rise in net asset value. 14 Nov 2024 Read more For the past seven years, South Africa’s listed property sector has been in the doldrums. A toxic cocktail of economic weakness leading to rising vacancies, the devastating impact of Covid-19 lockdowns and higher interest rates, and the added burden of load shedding and various other costly utility challenges, created a perfect storm. It brought cruel headwinds for property owners that have left investors wary. But the winds of change are blowing. 7 Nov 2024 Read more After 15 months of construction, the eagerly anticipated Princess Mkabayi Mall in Vryheid, KwaZulu-Natal, has opened its doors. On 31 October 2024, the community of Vryheid and surrounding areas in KwaZulu-Natal were welcomed to shop, socialise and enjoy the Princess Mkabayi Mall, and be a part of three days of opening celebrations. 4 Nov 2024 Read more The construction industry is a powerhouse, reshaping skylines and revitalising communities. But beneath the scaffolding, a growing threat is emerging. 24 Oct 2024 Read more The Cyril Ramaphosa Education Trust (CRET) is thrilled to announce the launch of its Future at Work Initiative, a dynamic programme designed to bridge the gap between education and the workplace by providing undergraduates with real-world corporate experience. 18 Oct 2024 Read more Cushman & Wakefield | BROLL Capital Markets offers the market two adjacent logistics assets in the prized location of Brackengate Business Park 8 Oct 2024 Read more Gauteng features more sweet-scented and bright yellow flowers this year, heralding the end of winter and welcoming the start of spring. 17 Sep 2024 Read more From September this year, several central banks globally are expected to deliver their first interest rate cut in many years. US Federal Reserve chair, Jerome Powell, was the latest to offer his blessing for the start of interest rate cuts, recently telling an audience of economists and policymakers that “the time has come for policy to adjust”. 11 Sep 2024 Read more As August comes to an end and the conversations surrounding Women's Month transition to those about heritage, the pressing question remains: How do we maintain the momentum of gender inclusivity, ensure the sustainability of our achievements, and continue to build a South Africa that genuinely mirrors our country’s rich diversity? 29 Aug 2024 Read more In one of the largest real estate transactions in Africa over the past year, Lango Real Estate Limited has agreed to acquire the Africa (ex-South Africa) retail real estate portfolio ultimately owned by JSE-listed REITs Hyprop Investments Limited and Attacq Limited. 13 Aug 2024 Read more Pioneering a greener future for South Africa, Growthpoint Properties (JSE: GRT), the country’s leading real estate investment trust (REIT), is set to transform the commercial real estate landscape by introducing a clean, green energy benefit scheme called e-CO2 at 10 of its properties in Sandton, Johannesburg. This significant milestone is the next step in the rollout of its innovative renewable energy transition – a first for South Africa. 7 Aug 2024 Read more South Africa’s largest primary JSE-listed real estate investment trust (REIT), Growthpoint Properties, has added its substantial portfolio of retail properties to the Clur Collective asset management support platform and integral shopping centre index. By sharing its significant data set, Growthpoint is supporting the retail property sector to create better shopping centre experiences for consumers and retailers alike, while simultaneously enhancing its own innovative and sustainable property solutions. 1 Aug 2024 Read more Growthpoint Properties (JSE: GRT) has commenced construction on a green office refurbishment of its 36 Hans Strijdom Building, the Cape Town headquarters of Ninety One (JSE: NY1), in a move that reinforces both companies’ commitment to the Cape Town CBD and to sustainability. 26 Jul 2024 Read more In the business of workplaces, where innovation meets functionality, Internal Developers (ID) has emerged as a formidable force. Celebrating its fifth anniversary, this dynamic turnkey, Design + Build firm has charted an extraordinary journey from a fledgling startup to a key industry player in five short years. With a portfolio of high-profile projects for global giants and local leaders alike, ID's rise is a testament to resilience, creative ingenuity and diligent delivery. As it marks this milestone, ID continues to redefine the standards of workplace design-and-build. 22 Jul 2024 Read more The lease stands as the cornerstone of occupier-landlord relationships in commercial real estate. Yet beneath the surface of these meticulously drafted documents lies a complex web of financial obligations and legal stipulations that can easily become tangled. The more leases an organisation has, the higher the risk of costly trip-ups. 5 Jul 2024 Read more The MSCI South Africa Green Annual Property Index for 2023 continued to support the investment case for sustainable, resource-efficient real estate. Released annually since 2016, in conjunction with the Green Building Council of South Africa (GBCSA) and sponsored by Growthpoint Properties (JSE: GRT), the index provides an independent, globally consistent view on the investment performance of green-certified and non-certified offices. 4 Jul 2024 Read more Dipula Income Fund (JSE: DIB) delivered a healthy set of results for the six months to 29 February 2024, reporting improved operational and financial metrics, as well as strategic gains in a period that marked the first phase of its new solar photovoltaic initiative roll-out. 3 Jul 2024 Read more admyt, a pioneer in digital parking solutions, proudly announces its expansion into office and mixed-use properties across Cape Town in collaboration with Growthpoint Properties (JSE: GRT). This strategic partnership marks a significant milestone in admyt's journey towards a ticketless future and reaffirms both firms’ dedication to reshaping parking experiences for tenants and users. 11 Jun 2024 Read more Emira Property Fund (JSE: EMI) reported strong operational results, strategic delivery, and capacity-enhancing active capital recycling for its financial year ended 31 March 2024. It declared a full year dividend per share of 117.02c. Its net asset value per share increased by 2.2% to 1,733.10 cps over the twelve months. 3 Jun 2024 Read more Optimising office environments for multi-generational teams has been a part of workplace dynamics for decades. Yet the rise of Generation Z in the workplace has increased the importance of accommodating different values and work styles as this radically different generation becomes more active in the global economy. Getting this right will be the differentiator for companies looking to attract and retain top talent in future. 3 Jun 2024 Read more Cushman & Wakefield | BROLL says operators seek sites to the north and east of Johannesburg, in well-located nodes with power supply, while in the smaller Cape Town market data centres are expanding, and there’s growing interest in Nigeria and Kenya. 8 May 2024 Read more Two years since launching, Growthpoint Student Accommodation REIT has introduced R1.5bn in new investment to this alternative property sector, added 4,000 new beds for students and created a strong pipeline of future developments. Its demonstrated execution has expanded its portfolio value to approximately R3.5bn, representing 12 residences with 9,000 beds in three South African cities – Cape Town, Johannesburg, and Pretoria. With two new developments in the ground, it expects to increase its beds to 10,400 for the 2025 academic year. 30 Apr 2024 Read more In the eye of a storm, the South African commercial real estate sector has proven to be a linchpin of our nation's economic and societal fabric. Its pulse is the pulse of South Africa. 19 Apr 2024 Read more Construction has commenced on the redevelopment of Parkdene Boulevard, a retail centre in the burgeoning suburb of Parkdene in Boksburg, Ekurhuleni. It is set to open in October 2024. The 32,000sqm centre is being upgraded by Abland Property Developers and Retail Africa, which are both known for their innovative development approach, and is a collaboration with partners Nedbank CIB and the Ellerine Group. 12 Apr 2024 Read more Growthpoint Healthcare REIT has successfully completed the R106.4m acquisition of the Johannesburg Eye Hospital in Northcliff, which has transferred to become the ninth asset and the second specialist healthcare facility in its portfolio. 5 Apr 2024 Read more Emira Property Fund (JSE: EMI) has agreed to sell basically all its wholly owned Cape Town properties in a sizeable R1.1bn transaction, which will create significant and immediate liquidity for Emira to pursue its strategy. 4 Apr 2024 Read more Multifamily residential rental property is set to become a mainstay of the South African intuitional investment landscape, driven by the consistent performance of this real estate asset class, its low volatility, and its foreseeable returns. This is according to the first research of its kind into residential property investment and fundamental performance in South Africa and globally. 3 Apr 2024 Read more Cape Town's skyline is reaching new heights as The Rubik, a dazzling luxury apartment complex in the heart of the CBD, has reached the peak of its vertical ascent. With 27 levels of premium living and commercial spaces, The Rubik’s modern glass exterior promises residents and businesses unrivalled views of the city – from shimmering ocean to majestic mountain vistas. 25 Mar 2024 Read more Dipula Income Fund’s (JSE: DIB) new lease with EOH for the Montrose Place at Waterfall Park in Midrand’s Vorna Valley has led to an innovative and high-impact corporate social responsibility project. The entire 4,000sqm building was fitted out by REO, using small contractors who not only completed the entire build project but also tailor-made the furniture in the basement of the building. 12 Mar 2024 Read more Barlow Park Retail opens! 7 Mar 2024 Read more In an era marked by unprecedented change and complexity, the "Global Risks Report 2024" by the World Economic Forum unfolds a sobering landscape of the next decade. As we navigate through the tumultuous waves of swift technological advances, economic instability, climate change and escalating global conflicts, the fabric of international unity is being tested like never before. 28 Feb 2024 Read more Growsmart, the nationally acclaimed educational initiative by Growthpoint Properties, has launched its 2024 programme in the Western Cape and Eastern Cape provinces. This marks the fifteenth consecutive year of Growsmart's commitment to advancing quality education and enriching the lives of learners in Grades 4 to 6. 28 Feb 2024 Read more Boxwood Property Fund appoints Sarah Divaris as COO. 16 Feb 2024 Read more This is an article about cake. Cake made from the finest ingredients, baked using the best recipe, and so beautifully presented that, from a single glance, you just know it will make your day. Because whose day is not improved by good cake? 14 Feb 2024 Read more Growthpoint Properties (JSE: GRT) has issued a R1bn senior unsecured bond with a 10-year maturity. The offering came after strong investor interest in long-term Growthpoint debt, which the sole arranger, Standard Bank, successfully executed as a private placement of R1bn. 12 Feb 2024 Read more Growthpoint Properties has entered into a milestone Power Purchase Agreement (PPA) with Etana Energy for 195GWh of renewable energy a year, representing 32% of its total current annual electricity consumption (612GWhs in FY23). 30 Jan 2024 Read more Emira Property Fund (JSE: EMI) has finalised a scheme of arrangement resulting in Transcend Residential Property Fund becoming wholly owned by Emira. 30 Jan 2024 Read more Eco-friendly, green and relaxing – trees and plants benefit everyone. They bring more biodiversity to big cities, reduce CO2 emissions, feed people and attract pollinators that are vital for food security and environmental sustainability. 16 Jan 2024 Read more Growthpoint Properties (JSE: GRT) has let the first two of six units in phase one of its new Arterial Industrial Estate development in Cape Town to Jotun, one of the world’s leading paints and coatings manufacturers. 20 Dec 2023 Read more Proparco, the French development finance institution, and 27four, a South African investment manager, led R550m investment in Divercity Urban Property Group alongside reinvestment from its existing shareholders. The investment is intended to fund portfolio growth and balance sheet optimisation. 18 Dec 2023 Read more Soweto landmark gets a new lease on life with a Heritage Hall and community shopping centre 30 Nov 2023 Read more Dipula Income Fund (JSE: DIB) delivered a defensive performance for the year ended 31 August 2023 with increased property values, higher occupancy levels and improved rental renewal growth. 16 Nov 2023 Read more Real estate choices have a material impact on achieving ESG goals, particularly climate change reduction, according to leading provider of corporate real estate services in Africa, Cushman & Wakefield |BROLL. 8 Nov 2023 Read more Village Walk, Atterbury's latest retail development in Pretoria East, has opened to the public after much anticipation. Village Walk connects two of Atterbury's already successful retail precincts in the suburb of Hazelwood: The Village - an eclectic food, drink and leisure hub - on 16th Street and The Club precinct which sits between Hazelwood and Dely Roads. 8 Nov 2023 Read more Dutch-based technology platform Lisa BV will launch its smart leasing platform in South Africa after acquiring its core leasing technology platform from Inospace, South Africa's largest last-mile logistics operator. 11 Oct 2023 Read more The luxury apartments of The Rubik in the Cape Town CBD are enjoying brisk sales with an impressive 80% already sold, leaving only a limited number available. The 27-floor building's impressive glazed façade will afford mesmerising views across the city, from ocean to mountain. Its structure has reached full height, and the development is running to schedule for residential occupation from March 2024. 4 Oct 2023 Read more Dipula Income Fund (JSE: DIB) is strategically refreshing a number of its retail assets to provide modern, accessible appealing shopping experiences for both retailers and customers. Its ambitious plans for advantageous upgrades and capital expenditure in its predominantly retail portfolio are already taking shape. 3 Oct 2023 Read more Cost, talent and operational excellence are currently the top three drivers of strategic corporate real estate (CRE) decisions globally. This is according to the 2023 What Occupiers Want annual survey compiled by Cushman & Wakefield in partnership with CoreNet Global. In South Africa, however, environmental social and governance (ESG) priorities rank third, after cost and talent, according to Natasha Bruwer, who is managing director of occupier services at Cushman & Wakefield | BROLL and chair of CoreNet Global Sub-Saharan Africa Networking Group. 3 Oct 2023 Read more The African continent's most influential property gathering, the 14th annual Africa Property Investment (API) Summit, including the API Hospitality and API Proptech forums, will be held live from Johannesburg at the Marriot Hotel, Melrose Arch, on Tuesday, 10, and Wednesday, 11 October 2023. 26 Sep 2023 Read more And the winners are... Literacy: Delft South Primary School, Cape Town | Mathematics: St Agnes Primary School, Cape Town | Story writing: Helderkruin Primary School, Cape Town. 19 Sep 2023 Read more Emira Property Fund (JSE: EMI) is over the halfway mark in selling the 282 apartments in its groundbreaking office-to-residential conversion, The Bolton in Rosebank, Johannesburg, as it continues its ongoing programme of strategic capital rotation. 19 Sep 2023 Read more Growthpoint Properties (JSE: GRT) is moving ahead with its final improvement to the historic Longkloof precinct in Cape Town - the development of the Canopy by Hilton Cape Town Longkloof hotel. 6 Sep 2023 Read more Isn't it funny, even mildly frustrating, how the word mentor starts with men? 30 Aug 2023 Read more Too big, too small, just right! Too hard, too soft, just right! If even that young trespasser and thief Goldilocks understood the importance of things being customised to suit the individual preference, then workspaces can do the same. 27 Aug 2023 Read more Much of our built environment has historically been designed for men, by men. Yes, progression has been made in more recent years and decades, but certain standards and assumptions are entrenched and their effects linger on. 15 Aug 2023 Read more Making office spaces work well for women is vital in ensuring companies are more equitable, and therefore more welcoming for their female staff. However, on a purely pragmatic level it makes perfect business sense too. A 2020 McKinsey report into workplace diversity found that corporations that were more diverse and inclusive were 35% more likely to outperform than their competitors. 8 Aug 2023 Read more Reference Man was the mythical standard for humanity in the 1970s, and his influence is still felt in offices and urban environments to this day, ensuring anyone who doesn't fit this mould simply doesn't fit - particularly women. 2 Aug 2023 Read more Natasha Bruwer has been appointed acting chair of the CoreNet Global sub-Saharan African Networking Group (SSANG), bringing nearly two decades of hands-on experience in global corporate real estate to the role. 28 Jul 2023 Read more La Lucia Mall, the premier shopping destination located in the upmarket suburb of La Lucia, in Durban, KwaZulu-Natal, has an exciting new addition to its dining experience. McDonald's, the global fast-food favourite, has opened its doors, bringing its iconic and mouth-watering menu to La Lucia. 19 Jun 2023 Read more Cushman & Wakefield | BROLL facilitates data centre growth in Africa's emerging markets 16 May 2023 Read more Internal Developers, a division of Cushman & Wakefield | BROLL, has completed the exceptional turnkey office design and fit-out for Thebe Investment Corporation's new head office at Inanda Greens Business Park in Sandton. 24 Apr 2023 Read more Musina Mall, the dominant shopping centre in Limpopo's heritage-rich town of Musina, is notching up excellent performance and continues to increase its trading metrics, shopper appeal and convenience. 12 Apr 2023 Read more In a significant industrial property deal, Cushman & Wakefield | BROLL has arranged the development of a new 28,380sqm distribution facility for South Africa's largest independent spirits group, Edward Snell & Co. by South Africa's largest REIT, Growthpoint Properties (JSE: GRT). 28 Mar 2023 Read more Ballito Junction, the popular regional mall on KwaZulu-Natal's north coast, has announced plans to upgrade the original section of the mall, bringing it in line with the rest of its premier shopping experience and enhancing its offering to the community. 15 Mar 2023 Read more How long can your business operate without Eskom grid electricity? Two hours? Two days? Two weeks? More importantly, how long should it be able to operate without electricity? This is one of the most important questions businesses in South Africa should be asking right now, advises Jason Griessel, head of Cushman & Wakefield | BROLL Strategic Risk Services. 7 Mar 2023 Read more Growthpoint Properties (JSE: GRT) has broken ground on Phase 2 of Trade Park, a prime industrial park in the Mount Edgecombe industrial precinct in KwaZulu-Natal, north of Durban. This R180m development is in response to overwhelming demand for, and a genuine scarcity of, quality A-grade warehouse facilities in the region. 6 Mar 2023 Read more Vaal Mall, the shopping capital of the Vaal Triangle, situated in the heart of Vanderbijlpark, is upgrading its infrastructure to include a solar-first power and backup energy system and a convenient new link road into the mall directly from the R57 Golden highway. 3 Mar 2023 Read more Growthpoint Properties (JSE: GRT) is going to great lengths to ensure its buildings and tenants' businesses remain powered up during South Africa's electricity crisis resulting from Eskom's more frequent and longer load shedding outages. 10 Feb 2023 Read more Fairvest Limited (JSE: FTA & FTB), which is a diversified REIT, has completed an aesthetic refurbishment of the landmark offices at 220 Madiba Street in central Pretoria. The upgrade of this asset secures its future relevance, appeal and competitiveness in an up-and-coming city node. 9 Feb 2023 Read more Office occupancies in Cape Town and Durban could well be seeing an upswing - welcome news in markets that have suffered from rising vacancies in the wake of corporate downsizing and restructuring in the wake of the COVID-19 pandemic. 24 Jan 2023 Read more To promote more sustainable and resource efficient buildings in South Africa, IFC today announced an investment in a green bond issued by Growthpoint Properties Limited that will help the company finance energy and water efficiency improvements in its existing commercial properties. 14 Dec 2022 Read more Emira Property Fund (JSE: EMI) is making practical moves to further integrate environmental, social and governance action into its investment and operating decisions. 8 Dec 2022 Read more La Lucia Mall on the east coast of KwaZulu-Natal now offers even more lifestyle shopping variety with the introduction of Seattle Coffee and Tafelberg Furnishers and the stunning upgrade of its Food Lover's Market. 6 Dec 2022 Read more University of Cape Town (UCT) continued its dominance at the Greenovate Awards 2022. UCT students triumphed to take the top spots in both the property and engineering categories of the awards, which encourage, enable and reward innovative solutions for a more sustainable built environment by young talent. 28 Nov 2022 Read more |
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