SA construction an industry under siege
The South African construction industry is increasingly finding itself under siege. Armed gangs, known as construction mafias, are routinely invading construction sites across the country, intimidating workers, and demanding employment or...
Redefine redevelops Black River Office Park amid demand for quality office space in the...
JSE-listed diversified real estate investment trust Redefine Properties (JSE: RDF) will continue to invest in the redevelopment of Black River Office Park, one of the greenest office precincts in South Africa,...
Why the Western Cape’s industrial property sector is booming
Cape Town industrial property continues to see positive growth as the city is seen as the better place to live and do business. Urban Growth Property Group (Urban Growth) is not...
Rabie Property Group to launch retirement oasis in Century City
Rabie Property Group, a prominent property development company based in Cape Town, has announced that their latest offering within the established Century City precinct will take the shape of a luxury...
Virgin Active’s R3.7m Green Point lease signed, sealed, delivered
The battle for The Point Gym precinct on Cape Town’s Green Point Common that began with a fiercely contested public lease auction in June, has ended with the successful signing of...
Cape Town retail sector continues robust recovery
The Cape Town CBD’s retail economy bounced back strongly in 2022 following challenging times during the pandemic, with the total number of retailers operating in the inner city surpassing pre-Covid-19 levels.
This...
June Retail Sales data point to near-term retail property market pressure continuing
By John Loos, Property Sector Strategist at FNB Commercial Property Finance
June Retail sales recorded the 7th consecutive real (inflation-adjusted) year-on-year decline, to the tune of -0.9%, following on a revised -1.6%...
Facilities Management Expo 2023 a big hit with the FM market
Now in its third year, the Facilities Management Expo held at the Gallagher Convention Centre in Midrand from 6 to 8 June 2023, was a great success for both exhibitors of...
Cape Town’s property market: A hotspot for investment that’s only heating up
Cape Town is consistently topping the list as an investment hotspot for property buyers. With recent sales figures showing that there has been an increase in property purchases across the exclusive...
Property Broker Survey –Market Balance Q2 2023
Brokers perceived a market showing signs of a broad weakening in demand-supply balance. Only the Industrial market is perceived as having demand that exceeds supply, but with that margin diminishing, and...