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Amdec unveils Cape Town Foreshore’s mixed-use The Yacht Club

The Amdec Group has recently unveiled its latest development, The Yacht Club. This R1.5 billion, mixed-use property includes 170 luxury residential apartments, 6 000 square meters of premium grade office space spanning two levels and, Africa’s first AC Hotel by Marriott. The group acquired the...

News

intu and Cale Street Investments announce 50/50 joint venture

intu Properties and Cale Street Investments LP have announced the establishment of a 50/50 joint venture for the intu Derby shopping centre. Cale Street, an investment firm backed by the Kuwait Investment Office in London, will acquire for cash the 50 per cent interest for consideration which...

News

The Public Investment Corporation increases shareholding in Texton

The Public Investment Corporation SOC Limited (PIC) has increased its beneficial shareholding in Texton Property Fund, growing its stake in the South African REIT from 5,2% to 18.9%. The Public Investment Corporation has now become Texton’s largest shareholder. Marius Muller, CEO of Texton...

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Areas and Places

Areas and Places

Mauritius paves the way for the rise of the Smart City

The digital revolution has altered our lives in just two decades, impacting almost every aspect of our lives however, experts believe that we have yet to experience the most dramatic transformation. Once a futuristic concept, smart cities are already an established trend in Europe and the United...