Author - PropertyWheel_G

Awards

Western Cape design project in finals for Human City Design Award

A Western Cape design project that encourages innovation and affordable solutions in low-income housing is in the running for a prestigious US$85,000 award. Known as the Better Living Challenge (BLC), the project is in the finals for the Human City Design Award, organised by the Seoul Design...

News

Calgro M3 and City of Joburg win sustainability United Nations award

Local integrated residential property developer Calgro M3’s unique approach to affordable housing has helped the City of Johannesburg (in partnership with Calgro M3 and the Standard Bank of South Africa) to win the Sustainable City and Human Settlements Award from the United Nations. The award was...

News

City of Cape Town’s co-owned property up for leasing opportunity

The City of Cape Town has presented a property development opportunity to the private sector. Located in Green Point (in Cape Town), the Granger Bay Boulevard site (Erf 2189, Green Point) is located adjacent to the Cape Town Stadium and is bounded by Fritz Sonnenberg Road to the east and, Granger...

News

Nedgroup Investments Global Property Fund celebrates third anniversary

The Nedgroup Investments Global Property Fund has celebrated its three-year anniversary as one of the top-performing global property funds locally and internationally. The Nedgroup Investments Global Property Feeder Fund, domiciled in South Africa, is ranked as the best performing fund in the ASISA...

News

Growthpoint extends record of uninterrupted dividend growth

Growthpoint Properties has posted results for the year to 30 June 2019 with distributable income growth of 5.3% and dividends per share up 4.6%, outperforming its market guidance marginally. The solid set of results extends Growthpoint’s track record of uninterrupted dividend growth for investors...

News

SAPOA conveys concern for passenger safety at shopping centres

Whether within commercial, retail or industrial environments, safety of the occupants in the property is at the core of SAPOA’s daily operations. South African Property Owners Association members with shopping centres in the Ekurhuleni municipality, east of Johannesburg, are concerned about...

News

Hyprop revises strategy for long-term gains

Against the backdrop of a deteriorating global economy, Hyprop achieved higher distributable income in both its South Africa and Eastern Europe portfolios for the year to June 2019.  The new executive team launched its overhauled business strategy for the R46 billion group portfolio, with the key...

News

Fairvest delivers market-beating returns in current economy

Fairvest Property Holdings Limited has announced results for the year to 30 June 2019, with annual distributions increasing by 8.1% to 21.773 cents per share.  Chief Executive Officer, Darren Wilder said: “We are pleased to be able to deliver above market distribution growth in what can only be...

News

Rustenburg Mall set to introduce its first phase in April 2021

Rustenburg shoppers can look forward to a brand new shopping centre – Rustenburg Mall – set to introduce its first phase in April 2021. The Moolman Group, Twin City and JB Holdings have joined forces for the development. Collectively, they own and manage around 750 000 m² of gross leasable area in...