Spear REIT Limited, a Real Estate Investment Trust (REIT) listed on the JSE, reported its annual financial results this week, posting double-digit earnings growth amidst a dampened economic environment for the South African listed real estate sector. Spear’s management team implemented solutions to...
Izandla Property Fund has announced the completion of the development of a new logistics warehouse and offices measuring 17,020m² for the Wax Division of Sasol Chemicals, located in the Sasol ChemCity Eco-Industrial Park in Sasolburg, Free State. The opening of the building on the 16th May...
A record number of registered delegates turned up for the first day of the 6th annual conference of the Western Cape Property Development Forum (WCPDF), held on 16 and 17 May 2019, at the Century City Conference Centre in Cape Town. Speaking in his opening address, WCPDF chairperson, Deon van Zyl...
Today the Reserve Bank’s monetary policy committee announced that the interest rate will remain unchanged at 6.75 percent. Industry leaders commented on the impact they expect this will have on the property industry. The announcement today by the Reserve Bank governor to keep the repo...
In 2016 the Cape Town city council approved an environmental and spatial planning policy for Milnerton south and Paarden Eiland, aligned with the Cape Town Spatial Development Framework. Its intention was to increase public investment and economic development in the area, change land use from...
