Heartwood Properties has partnered with landscape artist and sculptor Strijdom van der Merwe to transform the outdoor space of office block Willow Wood in Fourways, Gauteng.
1 day ago
Inhabitants of residential estates often cite security as their prime reason for living in a development of this nature. The reality, however, is that while estates may seem a refuge from the criminal threat lurking in the suburbs, crime may be rife here, too.
Cushman & Wakefield Excellerate 2 days ago
Knowing exactly what market rentals are doing is an essential part of all rental negotiations in the industrial property sector, says Tony Bales of Epping Property. Property investors need to be able to time their investments at the best stage in the rental cycle. Likewise, businesses looking to enter into a new lease must be aware of the rental cycle as one may be able to lock into a longer term lease that will limit the upside in rentals if the market rentals are accelerating faster in the short term.
2 days ago
Around the world there is a growing rejection of purely efficiency-based office environments. It is giving way to offices principled in sustainability, community, diversity and lifestyle. These are the five biggest workplace designs influences we expect to catch on in South Africa this year.
Isla Galloway-Gaul 3 days ago
OR Tambo International Airport has unveiled the first phase of a multi-billion-rand development plan for its Western Precinct which will feature new offices, retail space, hotel and conference facilities and additional transit-related services.
3 days ago
With the National Budget Speech looming on 20 February 2019, the general consensus appears to be that Finance Minister Tito Mboweni is on a tightrope of sorts. He needs to deliver a Budget, pre-election, that will source maximum revenue to alleviate a major shortfall and also restore confidence, hopefully while containing costs and irregular expenditure. On the other hand, he is faced with consumers who are already baulking at higher taxes including VAT and facing inexorably rising costs of electricity, water, rates and fuel levies, among other indirect taxes.
Dr Andrew Golding 12 Feb 2019
As South Africa's real estate investment trust (SA REIT) sector heads for a re-rating, investors are optimistic of the sector rallying this year or next. Already, the FTSE/JSE SA Listed Property Index (SAPY) is out of 2019's starting blocks with its strongest January performance in 10-plus years since 2007, outperforming all other asset classes. At the end of January, the SAPY was up 9.17%, well ahead of the FTSE/JSE All Share Index (ALSI) at 2.69%, bonds at 1.7%, and cash at 0.6%.
12 Feb 2019
US-based Institute of Real Estate Management (IREM) has increased its global footprint to 15 with the recent launch of its first African chapter. IREM is responsible for determining global best practice, promoting superior management and maximising value of real estate investments through education and certification.
12 Feb 2019
Every generation has its own idiosyncrasies when it comes to property, and knowing what these are can be an ace in the sleeve for existing owners and investors. The habits of Generation Y - otherwise known as millennials - are fairly well known by now. Generation Z, on the other hand, has flown largely beneath the radar.
Tony Clarke 11 Feb 2019
President Cyril Ramaphosa has announced the establishment of the Human Settlements Development Bank as the country seeks to accelerate the delivery of housing.
11 Feb 2019