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Property & Real Estate

Weekly top stories
Mowana Properties to manage R30bn of Pareto and PIC assets
Pareto has established a new property management company, Mowana Properties, to manage its directly held property assets as well as that of the Public Investment Corporation, valued at approx. R30bn collectively... read


Consumers, retailers in for a tough festive season

The upcoming festive season is set to be tough and highly competitive for retailers, according to Marius Muller, CEO of Pareto Limited. "Holiday sales are likely to be flat and hard-pressed to beat inflation. Consumers are really feeling the pinch... Read

Propertuity purchases historic buildings in Johannesburg CBD

Development company Propertuity has purchased four connected retail buildings situated at 66-72 Pritchard Street, Johannesburg... Read

Influence of social media on real estate industry

With technological advancement constantly pushing forward, the face of business and industry has been forced to adapt to the ever-changing environment in order to accommodate the new way in which business interactions are undertaken... Read

Commercial
Giuricich Bros clinches mall building contracts
Giuricich Bros Construction has increased its presence in the retail development sector by securing the lucrative building contracts for the new 45,000m² Springs Mall at Blue Crane Eco Park and the 15,000m² expansion of Vaal Mall... read
Cape Quarter renovated
The Cape Quarter complex in Green Point, Cape Town, has undergone significant renovations since it was purchased by the Tower Property Fund in 2013... read
Market & Investments
Potential homeowners face property shortage
While the banks' reluctance to award home loans has eased in recent months, the market may be shifting in the sellers' favour as a shortage of stock overshadows the difficulty in obtaining finance as the key problem facing potential homeowners... read
St. Lucia ready to accept applications for citizenship by investment
Saint Lucia, an island nation in the eastern Caribbean, has announced its first citizenship by investment programme on 7 October at Arton Capital's third Annual Global Citizen Forum... read
Growthpoint looks to Australia to step up property footprint

Alistair Anderson

Growthpoint Properties is looking to Australia to boost its performance next year given the bleak outlook for the South African economy... read
Property Management
UCT students named winners of Greenovate Awards
Students from the University of Cape Town scooped both first and second prizes in the inaugural Growthpoint Greenovate Awards... read
Solar PV project at De Ville Shopping Centre completed
The De Ville Shopping Centre in Durbanville, Cape Town, now features a bank of highly efficient solar panels on its roof... read
Excellerate CEO named most influential woman in construction
CEO Global has named Marna van der Walt, CEO of Excellerate Property Services, as the Most Influential Woman in Building and Construction sector. read
Tower Property Fund rolls out green measures
The Tower Property Fund is currently rolling out green measures to several buildings within the fund's portfolio... read
International
Qatar signs first contracts on 'cities' for 180,000 workers
DOHA - Qatar signed the first contracts on a mega-accommodation project on Thursday which will eventually see almost 180,000 migrant workers housed in seven specially built "cities"... read
More International
Africa
Shoprite opens store in Tete Province, Mozambique
The Tete Junction shopping centre opened recently in the Tete Province of Mozambique. The centre features the first Shoprite store in the province... read
More Africa
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Staples and Office Depot vow legal fight as officials seek to halt planned merger https://t.co/AcCJlKEGMv #Retail https://t.co/6AnRmWYQBN - Tue Dec 08
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Check out the new data layer of Rateable Values for surrounding properties on listings - just AKL / Wtn / Chc today https://t.co/GNH5OIHizu - Tue Dec 08
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