Latest Property News

News

Vukile doubles Spanish retail property investment with acquisition stunt

Vukile Property Fund has announced its intention to acquire a controlling shareholding in a company which will own a portfolio of four shopping centres in Spain in a transformative and accretive deal that will boost its offshore exposure to above 40%.  The shareholding will be acquired from Unibail...

News

Growthpoint’s shares begin trading on A2X

Growthpoint shares have begun trading on A2X with the share code ‘GRT’, becoming the first property company and the tenth counter to join the exchange with its secondary listing. The group has retained its primary listing on the JSE. Group CEO of Growthpoint Properties, Norbert Sasse...

News

Calgro M3 expands Memorial Parks business in two new provinces

Calgro M3 has expanded its Memorial Parks business to include two more provinces, namely the Western Cape and the Free State, bringing the total number of memorial parks owned and managed by the group to five.  The company has further plans to acquire parks in KwaZulu-Natal, the Eastern Cape and...

Advice and Opinion

Advice and Opinion

Blockchain and the future property landscape

With the likes of Bitcoin having been around since 2009, it has only been over the past couple of years that we have started to see more widespread understanding of the potential of blockchain technology which is likely to affect every single industry in the world today.  But what would be the...

Areas and Places

Areas and Places

GrandWest reveals initiative for alternative water solutions

Cape Town’s GrandWest Casino and Entertainment World has announced the completion of a water purification plant which will future treat the property’s borehole water to portable standards.  The initiative begin in February last year when the casino investigated feasible options to using...