The City of Cape Town has identified a site in the Foreshore as an alternative remote holding area for minibus-taxi operators who have been displaced from the Station Deck facility. The site is situated on the harbour side between DF Malan and Christiaan Barnard Streets and borders on FW de Klerk...
Attacq Limited’s direct property portfolio, including its retail centres and logistics centres, have not suffered any damage due to the recent civil unrest. To exercise caution, the REIT temporarily evacuated the Mall of Africa and Waterfall Corner at 14:00pm on the 13th of July 2021, while...
Disclaimer: this article is general advice with generalized principles to provide a broader, practical understanding of the various topics discussed during SAPOA’s webinar. For specific issues, our readers are advised to consult with their legal advisors. The views and opinions expressed in this...
Photo caption: Peter Du Toit, Non-Executive Director on the Board, and Igor Boonzaaier, Director and Board and Executive Committee Member (standing). Mike Simms, Director: Property Management, Alderman James Vos Mayoral Committee Member for Economic Opportunities and Asset Management, Phile Van...
While many South Africans continue to grapple with the economic pressure of ongoing lockdown restrictions combined with the aftermath of the looting and rioting, Durban, Cape Town, and Johannesburg residents are also feeling the impact of municipal rate hikes. With effect from the 1st of July 2021...
by Jamie Louw, Financial Director at FM Solutions (pictured). There has been much debate and discourse around the topic of job creation in South Africa. Against the backdrop of an unemployment rate that continues to increase year-on-year and more than 63% of the South Africa’s youth (ages 15 – 24...
Redefine Properties has announced a R1 billion issuance on the JSE for its sustainability-linked bond, the largest amount raised so far by a South African REIT. The funds will be used to refinance upcoming bond maturities which will allow the company to measurably increase the use of solar energy...
Covid-19 has significantly impacted the commercial property sector, but it is not all doom and gloom, says Rob Odendaal, Commercial Property Director in Cape Town for Lew Geffen Sotheby’s International Realty. There are ample opportunities for investors and landlords to harness the market shifts if...
Global technology company, Zoho Corporation, has announced that its online invoicing solution, Zoho Invoice, will be completely free of charge to further extend the company’s support for small and medium-sized enterprises (SMEs). Over the past four years, Zoho Invoice’s revenue growth has rapidly...
Capital & Counties Properties has released its interim results for the six months ended on the 30th of June 2021. “Capco’s actions, commitment and creativity over the past eighteen months have ensured that Covent Garden is the most vibrant district in the West End” comments Chief Executive, Ian...
