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 […]
BetterBond reveals that women over 55 are the fastest growing group of property owners in South Africa
August 6 00:32 This is a guest article for BetterBond. Women are emerging as key players in the South African property market. More specifically, single women are purchasing property from about middle age onwards according to the latest market data from BetterBond. The country’s largest bond originator says single women over the age of 40 […]
Film industry rebounds in Cape Town
August 6 2024 16:10 Cape Town’s film industry has rebounded post-pandemic and is soaring as the city anticipates an economic bounce. It’s a wrap! And there are more and more of those in Cape Town as the city’s film industry experiences a dramatic post-Covid pick-up, with the CBD emerging as the hot favourite location. The City […]
The Rise of the Sustainable Neighbourhood – An Alternative Approach to Property Development
July 31 2024 14:00 The Newinbosch precinct located in Stellenbosch, has been awarded a 6-Star Green Star Sustainable Precincts plaque form the Green Building Council of South Africa (GBCSA). This makes it the highest-rated sustainable precinct in Africa. Developer, Similan says it is committed to eco-living and sustainable development. Newinbosch is situated among Stellenbosch’s vineyards. […]
Balwin plans to build 7,300 rental units in next ten years
July 24 2024 13:30 Steve Brookes SA’s largest sectional title estate developer, Balwin Properties, said on Wednesday that it planned to expand its rental portfolio and develop up to 7,300 apartments for the rental market over the next eight to 10 years.Balwin was formed in 1996. It had found it especially challenging to sell units […]