Following a broad consultative process, the SA REIT Best Practice Recommendations (BPR) draft second edition is out for for public comment. All interested parties can submit their input by Friday, 3 May 2019. The process of updating this guide, which is the accepted standard for reporting key metrics consistently to make the analysis and comparison of different SA REITs easier, began in August 2018.
1 day ago
If a decision is made to buy a residential unit to rent out, it is advisable to first assess what the expectations are in terms of income or tenancy.
Nelio Mendes 1 day ago
Tanmoy Dey, a graduate of Shahjalal University of Science & Technology, Department of Architecture in Bangladesh, along with his team mates Louise Bani Sarcar and Syed Golam Rabbani, were earlier this month announced the winners of the Rise in the City international architecture competition for affordable housing in Maseru, Lesotho. 'Creating Spaces', submitted by Dey and his team, was selected from among 56 entries from 30 countries.
1 day ago
The Dube Trade Port Special Economic Zone (DTP SEZ) in KwaZulu-Natal continues to experience an unprecedented wave of investments. The port, which is one of two SEZs in the province, has already created thousands of jobs and contributed immensely to the provincial fiscus since opening its doors in 2010.
1 day ago
The 9th Annual South African Council of Shopping Centres (SACSC) Research Conference, a mainstay event on SA's shopping centre and retail industry calendar, is set to take place at the Maslow Hotel in Johannesburg on 3 April 2019. This year, the spotlight is on retail trends, new 'Afripolitan' consumers and technology.
2 days ago
Digital assistants and smart rooms with environmental systems will soon be so sensitive to our workplace needs that they will feel like conscientious colleagues eager to meet our every command. It's time to start thinking of your office space as a team member because of how it will interact with you and your colleagues.
Isla Galloway-Gaul 2 days ago
New South African business SiSebenza has plans to disrupt the local workspace market through its collaboration with WeWork. The company is supporting WeWork's drive to enter the African market and, together with strategic partner ALW Properties, has brokered the deal for the first local WeWork location that comes online Q3 2019 at the new Link in Rosebank, Johannesburg.
2 days ago
A group of Cape Town women from Philippi, Crossroads, Khayelitsha and Strand have started a stokvel with a difference. They call themselves the Masakhe Ladies (Let's build each other) and they pool their money to build houses.
Velani Ludidi 2 days ago
Traditional brick and mortar retailers still have a future despite the boom in online retail, but they have to be open to change, says Vicus Bouwer, divisional director: retail leasing Africa, Broll, South Africa, who spoke at Seamless Southern Africa last week.
Lauren Hartzenberg 3 days ago
The real estate market's response during a downturn is largely predictable, with tighter budgets, cash-strapped consumers and fewer property sales setting the tone for a decidedly buyer's market. However, there are always exceptions; nodes that resiliently continue to march to their own beat like the Winelands where cash deals are still prevalent and the top end of the market is still buoyant.
3 days ago
The R9bn Jobs Fund (JF) set up by government in 2011 to co-finance public, private and non-government projects has partnered with TUHF Limited (TUHF) to transform old inner city buildings into homes.
3 days ago
Without effective data analysis, property investors don't have a hope against their more digital-savvy competitors when it comes to tenant retention and managing vacancies.
Kate McFarlane 15 Mar 2019
Real estate developer and investor Atterbury is moving forward with its leadership succession plan with the appointment of Armond Boshoff as CEO of Atterbury (Southern Africa) after having served 15 months as deputy CEO and before that as head: corporate finance and treasury at Atterbury Europe. Former CEO Louis van der Watt will become group CEO.
15 Mar 2019