Jonathan Kohler, Founder and CEO of Landsdowne Properties says interest rate decision could slow house sales
September 29 2026 16:00 BRYANSTON, SOUTH AFRICA Last week, The South African Reserve Bank (SARB) raised the repo rate by 25 basis points to 7.25%, pushing the prime lending rate to 10.75% effective September 25, 2026 “The rate increase will make prospective buyers look harder at what they can afford each month, particularly if they […]
MortgageMarket launches ZeroCapture, South Africa’s first AI agent for mortgage origination
September 29 2026 15:30 Tim Akinnusi, CEO of MortgageMarket and Candice Goldberg, Chief Growth Officer at MortgageMarket WOODMEAD, SOUTH AFRICA MortgageMarket, a fintech company and a marketplace for home loans, has announced a landmark industry development becoming the first company to launch an AI agent to solve the administrative task of data capturing of home loan applications […]
TWELVEONB Sales go live as Blok embraces Green Point
September 29 2026 15:15 CAPE TOWN, SOUTH AFRICA The secret’s inside. Blok’s 23rd development, TWELVEONB, is positioned in the sought-after Cape Town neighbourhood of Green Point, Blok’s fourth address in the area. It arrives at a moment when Green Point has firmly established itself as one of the Atlantic Seaboard’s most in-demand pockets, and Blok’s […]
KPMG to leave Parktown campus after nearly three decades
September 28 2026 23:00 JOHANNESBURG, SOUTH AFRICA In another sign that Parktown is out of vogue for office dwellers, KPMG South Africa is relocating its Joburg leased office from there, its base for nearly three decades, to Sandton in May 2027. The move follows an agreement between Accelerate Property Fund and Rand Mutual Assurance (RMA), […]
HomeSmart and NorthGroup Real Estate Announce Strategic Merger, Expanding Presence Across Southeast USA
September 28 2026 22:40 SCOTTSDALE, Arizona – HomeSmart today announced a strategic merger with NorthGroup Real Estate, bringing nearly 2,000 agents into the HomeSmart network and growing the company to over 27,000 agents nationwide. The merger significantly expands HomeSmart’s presence across North Carolina, South Carolina, Georgia, and Florida and advances the company’s national growth strategy. NorthGroup […]
A fresh start for iTonka Square
September 28 2026 22:15 iTonka Square, Springs iTonka Square opened its doors on Thursday 24 September 2026. Exemplar REITail acquired 50% of the then Tonk Meter Crossing in September 2025. The remaining 50% is owned by Landmark Property Investment, the original developers of the centre which first opened in November 2019. The refreshed, re-branded and […]
Silly BEE law for property practitioners finally scrapped
September 28 2026 22:00 SOUTH AFRICA The Property Practitioners Regulatory Authority (PPRA) has officially confirmed that it will no longer require a BEE certificate to issue Fidelity Fund Certificates (FFCs) to property practitioners. This follows a High Court ruling in early September that declared provisions of the Property Practitioners Act (PPA) unconstitutional and set them […]
Accelerate Property Fund gives Flanagan & Gerard the chance to own 15% of Fourways Mall which could become 100% one day
September 28 2026 21:30 JOHANNESBURG, SOUTH AFRICA JSE-listed Accelerate Property Fund, has signed a new property development and asset management services (PMA) agreement, which could result in 15% of the mall being transferred or bought by its managers. The PMA was signed with the same groups involved in the old one which had had issues, […]
Another Brick in the Wall – Riyaad Khan, RMB’s Co-head Real Estate Investment Banking
September 28 2026 16:40 JOHANNESBURG, SOUTH AFRICA Welcome to the latest episode of the Another Brick in the Wall podcast. In this episode, Michael and Alistair chat to Riyaad Khan, Co-Head: Real Estate Investment Banking at RMB. The three discuss how South Africa’s commercial real estate industry has been tenacious in 2026 and which trends […]
Burstone Group launches its R5.4bn South African funds management business
September 25 2026 18:00 SANDTON, SOUTH AFRICA Burstone Group (Burstone) on Friday announced the establishment of its first South African funds management platform, a milestone in the company’s ongoing transformation into a diversified, capital-efficient international real estate investment and funds management business. The South African platform (SA Core Plus platform) will be seeded by Burstone […]