Intu announces disposal of Sprucefield Retail Park

intu properties plc has exchanged contracts for the sale of Sprucefield Retail Park to NewRiver REIT Plc for £40 million, in line with the June 2019 valuation.
Sprucefield Retail Park is located in Lisburn, Northern Ireland and comprises of 231,000……more

Proptech company secures multi-million Rand funding

Proptech company, HouseME, has successfully closed another round of multi-million Rand funding, elevating it to a status enjoyed by very few in the tech industry: alive and thriving after three years of fundraising and product building.
HouseME is a digital……more

Arrowhead reports core direct property portfolio growth of 3%

Arrowhead Properties, the Real Estate Investment Trust (REIT) with a diversified portfolio of retail, office and industrial properties across all nine provinces of South Africa, has reduced its vacancy rate in the past financial year despite a persistently challenging economic……more

Here are this year's Africa Property Investment Awards winners

Now in its third year, the Africa Property Investment (API) Awards recognises innovation and outstanding achievement in the property industry across 13 categories. Categeries included Retail, Office, Mixed Use, Green Building, Hotel, Alternative Asset, Architectural Design, Banking, High-end residential, Logistics,……more

Flanagan & Gerard invests R16m to solar-power its malls

Shopping centre developer Flanagan & Gerard Property Development & Investment has invested more than R16m to install solar plants at its malls. So far, over 3MVA of solar energy generation capacity has been installed at three of its co-owned shopping……more

Trend Group completes fit-out of first SA WeWork office

For its first foray into Africa, WeWork selected 173 Oxford Road in Rosebank, also known as The Link, developed by Redefine Properties, and designed by Paragon Architects, part of the Paragon Group, occupying six floors of the 15-storey building, taking……more