While many landlords may rely on the rental income on their properties during tough economic times, they may also have to deal with disappearing tenants.
Homeware and fabric store Skinny Laminx, owned by designer Heather Moore, has undergone a stylish revamp. The Bree Street retail space is now double the size and boasts more street frontage and a dedicated 'pillow lab' and fabric studio.
According to Professor Edgar Pieterse, urban sprawl will continue to be encouraged if private- and public-sector land investment in our cities concentrates on keeping the haves away from the have-nots. He was speaking at the recently held GBCSA Green Building Convention in Cape Town.
Discovery's new 112,000m2 global head office in Sandton Central has received a five-star Green Star rating by the Green Building Council South Africa (GBCSA). Developed in a joint venture by Growthpoint Properties and Zenprop Property, it is the largest single-phase commercial office development in Africa.
NEWSWATCH: After a database of more than 30 million South Africans had been leaked online, including estimated incomes‚ addresses, and cellphone numbers, one of the country's top real estate companies has admitted to being the unwitting source.
Ilse van den Berg 3 days ago
Last week saw the official ground breaking of A-grade catalytic development Umhlanga Arch in Durban.
Chris Weylandt, founder and CEO of furniture and decor retailer Weylandts, forms part of the impressive line-up at this year's Business of Design conference held in Cape Town last week and Johannesburg this week.
Lauren Hartzenberg 18 Oct 2017
Eight out of 18 tourism projects excluded from a moratorium on large hotels in Seychelles could be reallocated if the project backers don't begin construction within a year, said a top official of the ministry of tourism.
Global market intelligence company, Euromonitor International, has just released the latest results of the 2017 Global Consumer Trends survey.
Built by the Respublica Student Living Fund, a new purpose-designed student residence will be ready for occupation in January 2018.
With property fraud on the rise, buyers and sellers need to be ultra-vigilant, says Chris Tyson, chief executive of Tyson Properties. “In tough economic times, people turn to crime. In the property industry, it is no different,” he says.
The introduction of the Real Estate Investment Trust (REIT) legislation, which came into effect from 1 April 2013, has given rise to a substantial REIT industry. To date there are just under 30 REITs listed on the JSE, with an overall market capitalisation of close to R400bn. These range from market capitalisation in excess of R70bn for the largest REIT to under R3bn for the smaller counterparts.
Mike Teuchert 16 Oct 2017