Property Flash

GET PROPERTY FLASH HEADLINES IN YOUR INBOX

Growthpoint Properties acquires a 30% stake in new R390m Boston Hydroelectric Plant

October 28 2025 13:00 Clarens, Free State, South Africa Growthpoint Properties (JSE: GRT), South Africa’s largest Real Estate Investment Trust (Reit), has acquired a 30% stake in the operational Boston Hydroelectric plant, a R390m development with an operational lifetime of over 40 years by independent power producer Serengeti Energy within the Lesotho Highlands Water Scheme […]

Global DJ Black Coffee buys R157m house in Clifton, Cape Town

October 28 2025 12:30 Global DJ Black Coffee bought a house for R157m on Cape Town’s most expensive street which marked the highest-value home sale in the country this year. The DJ whose real name is Nkosinathi Maphumulo, bought the home on Nettleton Road through Little Ark Holdings, for which he is listed as the […]

SA’s next wave of green entrepreneurs takes root

October 27 2025 22:55 Ten South African entrepreneurs developing green solutions have been selected to join thesecond Green Seeds Competition, a national accelerator designed to drive sustainability and inclusivegrowth in the property and built environment sectors. The new cohort was officially inducted during a launch event held in Waterfall City, marking the start of their […]

Introducing Blok’s magnificent 21st Development – ELEVENONB

October 24 2025 13:00 CAPE TOWN, SOUTH AFRICA Blok, the experienced Cape Town developer which has become well-known for its carefully mastered design-led approach to urban living, has announced its 21st development, ELEVENONB. This is Blok’s biggest and boldest development and it is located at 11 Buiten Street in the West City of Cape Town’s […]

More of the same from Spear Reit pleases investors

October 20 2025 21:00 Quintin Rossi, CEO of Spear Reit JSE-listed Spear Reit continues to maintain its position as a reliable property fund and investment. The group delivered a 5% increase in distribution per share at the halfway stage of its financial year. It also maintained its full-year guidance at a growth rate of between […]

Growthpoint supports Cape Winelands Airport with new partnership

October 20 2025 19:30 Artist’s impression of the Cape Winelands Airport Growthpoint Properties (JSE: GRT), South Africa’s largest Real Estate Investment Trust (REIT), has made an initial investment with the right to co-invest and develop the new Cape Winelands Airport precinct, marking the start of a strategic partnership to deliver the Western Cape’s aviation, hospitality and industrial hub. […]

Sirius to acquire defence anchored business park near Munich for €43.7m

October 20 2025 18:40 Sirius Real Estate, the JSE and LSE listed owner and operator of branded business and industrial parks providing conventional space and flexible workspace in Germany and the UK, said it had notarised the acquisition of a business park in Feldkirchen, Germany, for €43.7m (R879m), (including acquisition costs).  Located on the outskirts […]

Growthpoint’s Canopy by Hilton Cape Town Longkloof development named overall winner at prestigious property awards 

October 17 2025 19:15 Canopy by Hilton Cape Town Longkloof Growthpoint Properties (JSE:GRT) excelled at the 2025 South African Property Owners Association (SAPOA) Property Development Awards for Innovative Excellence, taking home three wins, including top honours. The recognition highlights Growthpoint’s leadership in shaping South Africa’s built environment. Two of Growthpoint’s recent projects were celebrated. Canopy […]

Valdene Reddy to become new JSE CEO in 2026

October 17 2025 19:00 Leila Fourie, the CEO of the Johannesburg Stock Exchange (JSE), has announced her retirement effective March 31 2026. The JSE Board has appointed Valdene Reddy, the current Director of Capital Markets, as its new CEO effective 1 April 2026. The Board said it expressed confidence that Reddy’s extensive industry expertise and […]

Redefine to pump R70m into Park Meadows shopping centre

October 15 2025 22:30 JSE-listed Redefine Properties is investing R70m into the redevelopment of Park Meadows Shopping Centre in the East Rand of Johannesburg, which will “add more choice and make visits easier for the community” according to the group. By enhancing convenience, refreshing facilities, and strengthening the tenant mix with the introduction of new […]