Cape Town’s tourism micro-seasons good news for property investors
March 31 2025 08:40 SOUTH AFRICA Nox Cape Town, Atlantic Seaboard property management specialists, have seen a booking surge that is expanding Cape Town’s traditional summer leisure travel season by several months, effectively transforming the city into a year-round travel destination. According to recent data from Nox, demand for shorter-than-usual stays outside traditional high seasons […]
SA Reit sector bound for growth
February 21 2025 17:30 The South African Real Estate Investment Trust (Reit) sector is poised for growth in 2025 driven by improving investor sentiment and property undamentals, rising consumer confidence and falling interest rates. According to the SA Reit Association December and January Chart Books, the sector is expected todeliver strong income returns of around […]
Rode Publications completes capital raise with REdimension
February 10 2025 17:30 Rode Publications (Pty) Ltd, recognised as Rode Publications & Media, a source of real estate market research and insights extensively used in South Africa’s property and financial services industries, has announced an investment agreement with REdimension Capital. This announcement marks a “significant step in Rode Publications & Media’s evolution, positioningit for […]
The changing face of fast-food retail in South Africa
December 3 2024 14:15 SOUTH AFRICA Dark kitchens, also known as “Ghost Kitchens” or “Cloud Kitchens,” were born to fill a severe gap during the pandemic. When we were encouraged to stay away from one another, the idea of ordering food and groceries via an app took off with a bang. The likes of Checkers60, […]
Anglo sells 55 Marshall Street building in Johannesburg CBD
November 14 2024 10:00 Picture supplied by Anglo American Anglo American has sold its 55 Marshall Street building in Johannesburg to Olitzki Property Holdings (OPH), an inner-city redeveloper. Olitzki was formed by Gerald Olitzki decades ago. Anglo American has been selling its old offices in the Johannesburg CBD. The Johannesburg CBD is an area that has […]
Bond Nest platform launches
November 8 2024 14:35 A residential property proptech platform called Bond Nest has launched. The group wants to connect buyers, sellers, agents and banks. There are numerous groups trying to compete in this space already. The platform called Hoom which connects sellers and estate agents which was launched earlier this year stands out as a […]
Tito Mboweni passes away
October 14 2024 21:00 SOUTH AFRICA Former Minister of Finance and Governor of the SA Reserve Bank (SARB), passed away this past weekend after a short illness. He was 65. He studied development economics at the University of East Anglia in England. When he was the Minister of Finance in 2019, he published a paper […]
Listed property rallies in first two thirds of 2024
September 26 2024 16:30 SOUTH AFRICA The South African listed property sector has rallied in 2024 off the back of improved confidence, interest rates coming off, the country’s government of national unity (GNU) managing to hold it together mostly and no loadshedding for some five months. The SAPY or J253 which includes the twenty stocks […]
SAPOA Annual Convention 2024 Opens with Optimism and New Leadership
September 9 2024 21:22 SOUTH AFRICA ith the purpose of discussing the potential opportunities facing the property industry, the South African Property Owners Association (SAPOA) has officially opened its Annual Convention 2024. Attacq CEO and outgoing SAPOA President Jackie van Niekerk reflects on the past year and passes the baton to incoming President Itumeleng Mothibeli […]
Lango concludes c.$200m Africa real estate acquisition from Hyprop and Attacq
August 12 2024 19:00 SOUTH AFRICA AFRICA Lango Real Estate Limited has agreed to acquire the Africa (ex-South Africa) retail real estate portfolio owned by JSE-listed REITs Hyprop Investments and Attacq. Lango, a leading real estate company focused on direct investments into prime commercial assets in key gateway cities across the African continent, agreed on […]