New research has revealed that Londoners could move abroad and swap their one-bed flats for a seven-bedroom mansion complete with swimming pool. The investigation, commissioned by international money transfer experts Foreign Exchange, found that homes in ten cites around the world offered far better value for money and are far larger than what the same sum would buy in the capital.
In an effort to expedite the provision of affordable housing opportunities across the city, the City of Cape Town is seeking additional social housing partners.
Township spaza shop owners should either be given shares or space in township malls, which are bankrupting them, Economic Freedom Fighters leader Julius Malema said.
There is still time to enter the Retail, Design and Development Awards (RDDA), hosted by the South African Council of Shopping Centres (SACSC). Entries for work completed between November 2015 and May 2017 must be in before 28 June 2017.
Crystal Lagoons, formed by scientist and property developer Fernando Fischmann and specialising in creating lagoons in conjunction with waterfront-style residential complexes, has signed its first deal in Africa - a 1.5 hectare lagoon in the new Blyde Riverwalk development in Pretoria, South Africa. The deal is the first of several projects that Crystal Lagoons hopes to develop in the continent.
Hyprop Investments, the blue chip R30bn specialist shopping centre owner is facing pressure following the tenant failure of department store chain Stuttafords at three of its malls and the possible closure of some of Edcon's retail outlets.
Alistair Anderson 2 days ago
In 2016, there were over seven billion mobile devices in the world and the users of these devices demand connectivity for them. Businesses, particularly public retail spaces such as malls and shopping centres, need to answer the demand for connectivity in their spaces to attract and retain visitors. Wi-Fi connectivity in physical spaces is the necessary conduit to provide the demand.
Ron Lagnado and Bilal Vallee 3 days ago
According to the Property Sector Charter Council's (PSCC) recently launched 2015-2016 State of Transformation Report for the Property Sector, the South African property sector is making reasonable efforts towards transformation, but it needs to pick up the pace.
If you plan to make improvements to your home, or you're buying an entirely new steel-framed house, you're about to learn how steel buildings can add additional comfort and value to your life. You may already know that there are a number of different options when choosing prefabricated steel buildings. The big advantage is you can build these structures on any property, and if you're buying a new home, they may already have one available to use.
Cape Town's new upmarket art and design space, the V&A Waterfront's Silo District, held a launch party to welcome its new crop of retailers, namely: The Guild Group, jewellery designer Kirsten Goss, fashion designer Kat van Duinen, lifestyle botanist Opus, and Glasshouse Rejuvenation, a high-end beauty salon.
There's yet another property app in the market that's set to challenge the traditional model of doing business in this space. Created and run by CEO Ross Fitzcharles, MyRentr aims to assist private landlords in managing their properties efficiently. We caught up with 31-year-old Fitzcharles this Youth Month to find out more about the app's unique features and how technology is set to disrupt the property sector.
Sindy Peters 19 Jun 2017
Accelerate Property Fund's share price plunged 7.69% to R6 on Wednesday, 14 June, after the group said its income growth was expected to be flat for two years, owing to costs related to its multibillion-rand Fourways shopping centre expansion.
Alistair Anderson 19 Jun 2017