Property Flash

GET PROPERTY FLASH HEADLINES IN YOUR INBOX

What next for RMH and Atterbury?

September 9 2025 17:45 SOUTH AFRICA The spat between Atterbury Property and RMH Holdings is not over. Recently Atterbury removed RMH’s CEO Brian Roberts from its board. Roberts had been a director at Atterbury for eight years. Atterbury operates across the country with its base in Pretoria. It was founded by Louis van der Watt […]

SAPOA Launches SA’s first Municipal Performance Awards for Local Governments

August 26 2025 13:30 SOUH AFRICA For the first time in South Africa’s history, the financial health of the nations municipalities will take centre stage on a national platform, not for criticism but for celebration. This is according to the South African Property Owners Association (SAPOA), which in partnership with Ratings Afrika and the Banking […]

Vukile acquires flagship Spanish mall in EUR305m deal

March 12 2025 17:10 Bonaire Shopping Centre Vukile Property Fund (JSE: VKE), the specialist retail real estate investment trust (Reit), through its 99.5% held Spanish subsidiary Castellana Properties, has acquired the largest shopping centre in Spain’s Valencia province, the Bonaire Shopping Centre, from multinational retail real estate investment trust (Reit) Unibail-Rodamco-Westfield. The purchase consideration of €305m represents […]

Vukile concludes oversubscribed R796m unsecured bond issue at record low pricing

August 23 2024 16:00 SOUTH AFRICA AND SPAIN Vukile Property Fund, the JSE-listed real estate investment trust (Reit) which invests in retail centres has issued R796m of senior unsecured corporate bonds. These have three, five and six and a half year maturities. Strong demand from the market was seen as R2.7bn was ultimately issued, being […]

The Most Comfortable Cities for Singles: 2024 Study

August 202 2024 17:56 A recent study by The Perfect Rug analysed nearly 30 cities to identify the best places for singles looking for comfortable living conditions. Key factors considered included the average size of one-bedroom apartments, building age, rent prices, cost of living and safety index, sourced from the latest reports on Numbeo. Walkability scores were obtained from the Walk Score website. These factors were used to calculate […]

Nicci Celebrates the Grand Reopening of its Hyde Park Store

July 22 2024 17:00 Nicci Boutiques has announced the reopening of its flagship store in Hyde Park Corner, Johannesburg. As a long-standing fixture in one of South Africa’s oldest shopping centres, Nicci wants to improve the shopping experience for its customers with a transformed and updated store. Nicci has been an integral part of the Hyde Park […]

Protea Hotels by Marriott strengthens footprint with two new openings

July 9 2024 11:30 To celebrate its 40th birthday, Protea Hotels by Marriott announced the opening of its first property in Angola while strengthening its portfolio in South Africa with a new property in Pretoria. The additions, Protea by Marriott Luanda and Protea by Marriott Pretoria Hatfield, will offer business and leisure travellers the chance to […]

DPM to flex its expertise at rental management services

DPM, the leading Western Cape commercial real estate manager has expanded its offering to include rental management as the group grows from strength to strength. DPM Rental Services formally launched at the end of January to give more top-class property owners assistance in rental management. However, DPM has been doing the rental management of some […]