PLEDGE TO TAKE BACK BUILDINGS

 BY: CLAUDI MAILOVICH (BUSINESS DAY)
 Mayor Herman Mashaba plans to open up Johannesburg's hijacked buildings to private developers and will expropriate property if necessary.
Johannesburg has hundreds of "hijacked" buildings that have been taken over by residents or abandoned by owners.
Mashaba said……more

How tax on foreigners can help the Cape Town housing crisis

Some creative thinking will fix the supply-side too.
Hilton Tarrant  /  29 May 2017
I don’t generally favour intervention in a market. Despite a liberal arts brainwashing (tertiary) education, I’m a firm believer in the free market. Except, when a market isn’t……more

The battle to get SA’s R117bn property portfolio in safe hands

Management by the state of the country’s largest property portfolio – at R117 billion – is showing signs of a turnaround after being in a shambolic state and prone to abuse and corruption.
Positive signs were acknowledged during a Public Works……more

A quiet time for Arrowhead Properties

BY :- Ray Mahlaka (MoneyWeb)
 
At a time when South Africa wrestles with the impact of the double downgrades to junk and an operating environment fraught with political and economic uncertainty, Arrowhead Properties is betting on its diversification strategy to ride……more

Vukile to spread its wings in Spain

Roy Cokayne
 
Pretoria - Vukile, the listed real estate investment trust (Reit), is poised to acquire a 200 million euros (R2.96 billion) retail portfolio spread across Spain.Laurence Rapp, chief executive of Vukile, said on Wednesday that it was actively exploring this……more

Mall of Africa gets top honours at international VIVA Awards

Atterbury Property’s development of the iconic Mall of Africa secured its place among top honourees from around the world in the highly coveted international VIVA (Vision, Innovation, Value, Achievement) Awards, announced in Las Vegas, USA, on Sunday, 21 May 2017. 
Atterbury’s……more