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SA real estate investment saw slowdown in 2017: JLL report

Posted on 2018-03-16

n its recently released 2017 Investment Review of the South African property market, real estate consulting firm JLL highlights a decline in overall capital invested (excluding new developments) to R13.3bn from R28.7bn in 2016.
© 06photo – 123RF.com
The report reviews investment activity in the……more

V&A buildings awarded five new Green Star ratings

Posted on 2018-03-16

The Green Building Council South Africa (GBCSA) has awarded the V&A Waterfront five new Green Star ratings bringing to 12 the number of ratings awarded to various buildings at the V&A Waterfront.
Watershed at the V&A Waterfront
Speaking at a plaque handover……more

Real estate investment trust Spear sells vacant Cape Town property for R150m

Posted on 2018-03-15

BY: ALISTAIR ANDERSON
Western Cape-focused real estate investment trust (Reit) Spear announced a R150m property disposal along with the completion of a R50m upgrade of a shopping centre on Tuesday, 13 March.
Sable Square
Spear said it sold a vacant property, 142 Bree Street,……more

Four hijacked Joburg properties handed back to owners with 28 arrested

Posted on 2018-03-15

Twenty-eight people have been arrested for trespassing and contempt of court after a sting operation at five hijacked properties in the south of Johannesburg.
© Sudhir Misra – 123RF.com
Mayor Herman Mashaba said the operation took place on Tuesday night. Minors found in……more

Are resident associations being captured by the property industry?

Posted on 2018-03-15

Sea Point shows how developers use these organisations to advance their own interests
Gavin Silber and Sarita Pillay, GroundUp  /  15 March 2018 12:00     
Image: Supplied
The cost of a home in Cape Town’s historically white inner-city suburbs is rising faster than almost anywhere else on the planet.……more

Mixed-use precinct Loftus Park construction nears completion

Posted on 2018-03-14

Currently being developed by Redefine Properties and Abland, the first phase of new mixed-use precinct Loftus Park is nearing completion. Phase one includes approximately 34,000m2of A-grade office space, a gym, open air piazza with restaurants and a retail offering. A……more

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