Learn how to Create Wealth through investing in property
A combination of factors in Mpumalanga such as new mines and power stations, annual shutdowns and an influx of contractual workers are causing an unprecedented demand for accommodation and especially rental accommodation in towns like Secunda, Witbank andMiddelburg.
Fountainhead Property Trust has agreed to sell to Redefine Properties all of its assets, including the Fountainhead property portfolio, in exchange for 82 Redefine shares for every 100 Fountainhead units held.
The Cape Quarter, the flagship property within the Tower Property Fund portfolio, has recently undergone a lighting retrofit as part of a greening transformation planned for the centre.
HCI will by default bolster its large stake in Tsogo Sun after SABMiller confirmed a decision to disinvest from the gaming and hotels group.
Atlantic Leaf Properties has completed its first phase of capital raising as it looks to attract South African investors seeking offshore exposure.
Where transparency broadens, real estate capital flows and market change follows. This trend has finally made its way to one of the “final frontiers” of commercial real estate: Sub-Saharan Africa (SSA), which has claimed five of the global top 10 spots for greatest improvements in real estate market transparency: Kenya, Ghana, Nigeria, Zambia and Mauritius.
Increasingly, security is a key factor in regard to the management and marketability of commercial property as well as ensuring the preservation of property values – whether it relates to retail, office or industrial property, says Marna van der Walt, chief executive officer of Excellerate Property Services (EPS).
While the manufacturing sector in South Africa remains under pressure, logistics operators are among those who continue to demonstrate a strong demand for large industrial space in key nodes which are central to their operations.
Strategically well positioned to the north-west of Johannesburg, just 10 minutes from Sandton and easily accessible via main arterials such as the N1, Bram Fischer Drive, the M20, M9, M16, M5 and William Nicol Drive, Randburg is considered a priority area and important commercial node in the City of Johannesburg’s five-year Integrated Development Plan and Johannesburg 2040 Strategy.