Trendy Braamfontein: A hub for young professionals

It is true that Braamfontein has not always had the best of reputations and if someone had to tell you that a day would come when this central suburb of Johannesburg would become a hotspot for creatives and young professionals, you probably……more

Investec fund sells portfolio to Izandla

BY: ALISTAIR ANDERSON
Investec Property Fund (IPF) has sold a seed portfolio to Izandla Property, its broad-based black empowerment partner, for R586.9m.
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The portfolio of 17 properties represents an initial property yield of 10.4% on a fully let basis. The disposal……more

Growthpoint Properties One Step Closer to Owning N1 City Mall

File Image: IOLJOHANNESBURG - JSE-listed Growthpoint Properties got one step closer to acquiring N1 City Mall from Redefine Properties after the Competition Commission recommended to the Competition Tribunal that its proposed merger be approved without conditions.
The 64,000m2 N1 City Mall, with over 140……more

Iconic Hospital Acquired for R300m

Cape Town - Two of the largest property developers in the Western Cape have teamed up to buy the old Christiaan Barnard Memorial Hospital in Cape Town’s CBD for R300 million.Rabie Property Group and the JSE-listed Ingenuity Property Investments have yet……more

Komatsu’s industrial campus to be one of South Africa’s largest

Earth-moving equipment giant, Komatsu, has partnered with Investec Property to consolidate its head office operations, warehouse and distribution centres as well as its workshops and re manufacturing facilities into one centralised property. Measuring approximately 300 000 square metres in size,……more

Redefine and Regus sign ten-year work space lease in Cape Town

Redefine Properties has announced that it has signed the world’s leading provider of fully serviced, flexible work spaces Regus Business Centres as a tenant at its iconic Black River Park in Cape Town. Starting in July, the company will occupy……more