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Collins converts to Reit, increases dividend by 50%

Collins Property Group has in the year to end February doubled its profit from continuing operations from R516.9m in 2023 to R1,21bn. The company, which was converted to a REIT during the...

Increased competition and bond switching set to shake up the SA property market

As interest rates remain stable against the backdrop of a challenging economic climate, banks are being pushed to innovate and offer more competitive home loan terms to attract customers. This environment...

Cape Town’s luxury residential market proved resilient in 2023 despite successive interest rate hikes

ACCORDING to The Wealth Report, Knight Frank’s flagship research report – prime residential prices surprised on the upside in 2023.  Of the 100 markets tracked in Knight Frank’s Prime International Residential Index...

Investors are snapping up prime properties in the Western Cape 

There is a major surge in investment in buy-to-let properties across South Africa, with the Western Cape leading the pack. "We're seeing a 15 year high in national investment applications, which rose...

Vukile raises R1 billion in equity as it eyes growth opportunities

Vukile Property Fund will issue R1 billion of new ordinary shares, following a successful accelerated book build. The equity raised will boost Vukile’s financial agility to capitalise on a pipeline of...

Excellence awards for developing student accommodation

GROWTHPOINT Properties’ purpose-built student accommodation developments excelled at the recent SAPOA Property Awards in Innovative Excellence, winning two prestigious categories that recognise development distinction within the real estate industry. Peak Studios in...

Prime property on offer in City’s last 2023 auction

Several prime properties aimed at boosting the economy are on offer as the City of Cape Town prepares to hold its last property auction of 2023. These include over 86 000m2...

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...

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City proposes modification of weirs at Zeekoevlei and Rondevlei to improve...

THE City of Cape Town proposes the redevelopment and upgrade of the weirs at Zeekoevlei and Rondevlei that are located within the False Bay...

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