Property value effects rates and taxes, says RE/MAX

Each month home owners receive a bill for the rates and taxes applicable to their property, but what are these municipal rates used for and how is the amount worked out? Regional Director and CEO of RE/MAX of Southern Africa, Adrian Goslett, says that municipal property rates are financial...


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Advice and Opinion

2017’s Christmas retail forecast

It is no secret, consumers are feeling the pinch. This year, has been an economic challenge of note. Retailers and shopping centres alike have faced obstacles unlike previous years but despite this, many have remained steadfast and continue to weather the storm. As we approach the end of this...

Areas and Places

FWJK to develop R1.9bn mixed-use Menlyn Link

National property developer FWJK has secured land in Menlyn to develop a new R1.9 billion sectional title mixed-use building. Spanning 85 000m² and consisting of ground and first floor retail, the development will host a 450 learner creche, multi-tenant sectional title office suites, residential...


Global built environment needs to urgently meet Paris Agreement goals

According to a report prepared by the International Energy Agency and coordinated by UN Environment which was released in Paris earlier this week, time is running out to reform the buildings and construction sector’s energy performance. Preventing the Paris Agreement to remain on track...


Echo Polska declares continued growth in distributable earnings

Highlights: Distributable earnings € 59.2 million. Distribution per share 8.41 euro cents. Market cap up to € 962 million. Vacancies 1.99%. Retail WALT by NOI 4.7 years. € 55.4 million acquisition of Solna in Northern Poland. Opening of third phase of Outlet Park Szczecin (3 300m²). Post period...

Who's Who in Property

GBCSA announces new Non-Executive appointments

The Green Building Council of SA (GBCSA) announced the appointment of Faieda Jacobs as its new Non-Executive Board Chair and Nkosinathi Manzana as Non-Executive Deputy Chair on 23 November 2017.  Founded in 2007 as part of a larger network of Green Building Councils globally, the GBCSA champions...

News Research

Average mall sizing on the rise according to report

According to a recent study conducted by Morgan Stanley Capital International (MSCI) Real Estate South Africa on behalf of the South African Council of Shopping Centres (SACSC), malls are getting bigger. New data indicates that the average size of centres developed have steadily increased in size...


The public sector further boosts ‘green’ for education

The KZN Department of Education’s Ugu District Office has announced their 4 Star Green Star SA Office Design V1.1 certification from the Green Building Council South Africa (GBCSA). “We are pleased to announce this certification, which once again places the public sector at the forefront of...


Real estate diversification driven by diminishing returns says RICS

A decade after the global financial crisis, the Royal Institution of Chartered Surveyors Investment Risk Forum has noted that diminishing returns are driving real estate investment diversification. The forum was established in 2015 to foster industry leadership and to share best practice, with the...