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Two SA cities on top property list for rich and famous

January 23rd, 2017
Cape Town - Cape Town and Johannesburg rank among the top 50 so-called "alpha cities" in the world. These are cities which are attractive to the ultra-rich when they decide on where to buy luxury real estate in a city, according to the Wealth-X Global Property Handbook. It was compiled in collaboration with Warburg Realty and Barnes International Realty. The first edition of the handbook reviews the luxury r... more

Impact of VR on the real estate sector

June 8th, 2016
"Although it will still take some time for VR to become available to the majority of consumers, the advancement in the technology through hardware development and computing power has made the integration of VR into real estate business far more possible,” says Adrian Goslett, regional director and CEO of RE/MAX of Southern Africa. How does virtual reality differ from augmented reality? While augmented reality pr... more

Manhattan “style living” in Sandown / Sandton

May 6th, 2016
image_1 Priced from mid-R3 million, 12 on Westbrooke is a new exclusive curated development in Sandown Sentral suitable for connoisseurs of the finer things in life. Sandton, 10 May 2016 - Strategically located in the CBD of Sandown and 1.5km away from the Sandton central business district in Johannesburg, 12 Westbrooke in Sandown Sentral is a new conven... more


April 7th, 2016
Louis-van-der-Watt Southern Africa’s largest single-phase shopping centre development to date, the R5-billion Mall of Africa, is a 130,000sqm super-regional mall that sets a new benchmark for shopping centres on the continent. Commenting on the Mall of Africa development, Louis van der Watt, CEO of Atterbury says: “In line with the Atterbury vision to create working, shopping and entertainment spaces for everyone to live to thei... more

Attacq to focus on Waterfall City pipeline as mall milestone nears

March 31st, 2016
JSE-listed capital growth property fund Attacq will retain its focus on its development pipeline in Waterfall City, in Midrand, with the opening of the super regional mall, Mall of Africa, considered a key strategic milestone for the company. Mall of Africa, with a value of R4.9-billion on completion, is fully tenanted and remains on track to open on April 28. The 131 000 m2 Mall of Africa – South Africa’s ... more

Property market ends year on a strong note

December 21st, 2015
Cape Town - Property values have continued to grow in the past 12 months, with the average home price showing a year-on-year increase of just over 5% to R971 000 at the end of November, according to the latest statistics from BetterLife Home Loans, SA’s biggest mortgage originator. “At the same time,” said CEO Shaun Rademeyer, “the average approved bond size has only increased by 4.6% to R804 000, which me... more

Trendy Bryanston a Favourite With Joburg Buyers

December 7th, 2015
Bryanston is a vibrant and dynamic suburb in northern Johannesburg and is in huge demand among property buyers. This is according to Glenn Norton, Broker/Owner of RE/MAX Masters, who says the affluent suburb is home to some of South Africa’s most sought-after real estate. The area has become a popular place in which to invest, with sectional title properties the number one choice among property buyers in the are... more

Increasing demand for sectional title properties

November 11th, 2015
Cape Town - Sectional title units are becoming increasingly popular, in South Africa, according to Dr Andrew Golding, CEO of the Pam Golding Property (PGP) group. He pointed out that, while freehold price inflation has been slowing, sectional title price inflation continues to gather momentum. South African developers are responding to the change in demand, with sectional title units rising from 10.9% of total ... more

Mall of Africa, located in Midrand, South Africa is set to officially open in April 2016

October 19th, 2015
mall tterbury Property Group is developing the 131 000m² Mall of Africa – South Africa’s biggest single-phase shopping mall development to date. The new super-regional Mall of Africa represents the heart of the ambitious Waterfall – a city developed on a scale beyond anything South Africa has known. The combination of its sheer scale – it is larger than Cape Town’s V&A Waterfront and will rival Sandton Ci... more

Mall of Africa at Waterfall City in Midrand is more than 90% let

October 6th, 2015
lp10building Capital growth player Attacq’s much-talked-about Mall of Africa, at 131,000m² the largest single-phase shopping centre yet to be built from scratch in SA, is more than 90% let and on track to open its doors at Waterfall City in Midrand in April next year. The R4.8bn mall will be Attacq’s biggest single asset on completion. It will anchor the huge 323ha mixed-use Waterfall precinct taking shape along the N1 ne... more

Trematon Capital Investments reports 488% increase in Earnings Per Share

News – Property Wheel | 21 Nov 2017
Trematon Capital Investments Limited, an investment group which aims is to generate superior risk-adjusted long-term returns for shareholders, has announced its financial results for the twelve months to 31 August 2017. The Group’s profit increased to R291.8 million (2016: R49.5 million), resulti... more

R85 million project converts ageing warehouse into modern retail park

News – Property Wheel | 21 Nov 2017
Growthpoint, the largest South African primary REIT listed on the JSE, has undertaken a R85m revamp of M1 Place in Marlboro, Sandton. The ageing retail warehousing property nearing the end of its lifecycle, has been converted into a modern retail park. The one-year upgrade and expansion project has... more

Large scale sectional-title homebuilder launches solar, education and fibre initiatives

News – Property Wheel | 21 Nov 2017
Balwin, South Africa’s largest homebuilder focusing on large scale sectional-title residential estates in high-growth, high-density metropolitan nodes in South Africa’s major cities, released its interim results for the six months ended 31 August 2017. Balwin launched four new developments in th... more

Accelerate Property Fund interim results for the six months ended 30 September 2017

News – Property Wheel | 20 Nov 2017
JSE REIT Accelerate Property Fund today announced its interim results for the six months ended 30 September 2017. Accelerate’s property portfolio value increased 30% year-on-year to R11.8 billion, resulting in a total portfolio GLA of 637 577 m² at the end of the reporting period. Focused on str... more

High Court criticizes KZN estate management rules

IOLProperty News | 20 Nov 2017
A Mount Edgecombe, Durban, man has won his fight against his housing estate management's strict rules - with KZN's top court stating that there cannot be "dual systems" of law. But a fresh legal challenge is on the horizon, as estate management associations and bodies corporate across the country ... more