Author - PropertyWheel_GLP

Research

Broll Logistic Sector Report 2018

The impacts of technology are widely felt across all sectors. The advancement of technology as it pertains to the logistics sector is detailed in Broll’s Logistics Report where the Evolution of the Logistics Sector is discussed. It also highlights commercial activity around South Africa’s four main...

News

Sanlam to acquire stake in Catalyst Fund Managers

Sanlam Investment Holdings has announced its plans to acquire an approximate 69% stake in Catalyst Fund Managers, a specialist in managing listed real estate investments both locally and internationally for retail and institutional investors. The acquisition is in pursuit of diversifying and...

Research

Property Insights – SARB leaves repo rate unchanged

Today saw the South African Reserve Bank Monetary Policy Committee leaving its policy Repo Rate unchanged at 6.5%, which in turn will lead to the Prime Lending Rate of major commercial banks remaining unchanged at 10%. This unchanged decision was in line with the Firstrand expectation. Despite some...

News

Umgeni embraces R1.4bn Lifestyle and Deco Park

Construction on the R1.4 billion Umgeni Lifestyle and Deco Park is underway with completion of Phase A expected by October this year. The grand opening has been scheduled for the 1st of November 2018. Eris Property Group, in partnership with PRASA and Intersite Asset Investments believe that this...

News

Abland breaks ground on Menlyn Maine Towers office and dealership

Abland hosted a SOD turning event recently for the development of Premium A Grade Office space situated above Toyota’s next dealership. The development of Menlyn Maine Towers is in partnership with Tadvest, Namib Gate and Baroloworld Motor Retail. The office space will boast a proposed 4-star...

Research

Sub-Saharan Africa enroute to greater real estate transparency

Governments worldwide have been gradually forging greater transparency in real estate markets, and while improvement is selective in Africa, advances have certainly been made in the accessibility and quality of real estate data, with the potential to deliver significant change. Over the twenty...

News

Africa Logistics Properties launches 75% pre-leased Kenyan warehouse

Africa Logistics Properties has launched its first 49 000 square meter modern grade-A warehousing at ALP North Industrial Park.  75% of the facility is pre-leased. Toby Selman, CEO of ALP commented: “The near complete uptake of ALP North prior to launch speaks to the scale of the warehousing...

Research

FNB-BER Building Confidence Index – Q3 2018

Declining building activity keeps confidence low in 3Q. As in 2Q2018, the FNB/BER Building Confidence Index registered a level of 29 in 3Q2018. Although the overall index was flat, there were noteworthy changes in confidence among the sub-sectors which make up the index, particularly a sharp  drop...