Sandton property investors look beyond offices as market diversifies
Sandton's property investment proposition is broadening beyond offices as investors assess opportunities where industrial, residential, retail and hospitality demand converge.
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Sandton's property investment proposition is broadening beyond offices as investors assess opportunities where industrial, residential, retail and hospitality demand converge.
Scammers behind an estimated R500 million pyramid scheme have rebranded and are now impersonating the Seeff Property Group, one of South Africa's best-known real estate brands.
Redefine Properties expects its South African office vacancies to fall below 10% in FY2027, targeting 7.5% by the last quarter, as the SA office property sector improves.
Lightstone data shows foreign nationals account for about 6% of South African property purchases, with the share climbing to roughly 39% among homes valued above R20 million.
Cape Town is packaging and de-risking city-owned land to draw private capital into affordable housing, with over R7 billion in land released since its Mayoral Priority Programme began.
Specialist retail real estate investment trust Vukile Property Fund has raised R1.1 billion through an oversubscribed debt auction that drew R3.65 billion in bids.
The Labour Court ordered Andries Helani, the University of Johannesburg's former Senior Director of Student Affairs, to repay over R18.18 million for helping non-compliant private student accommodation providers secure accreditation.
State-owned Transnet plans to sell 15 non-core commercial properties, including the historic Carlton Centre in Johannesburg and the Durban Station precinct.
Dipula Properties has agreed to buy a portfolio of nine shopping centres from Moolman Group and its co-investors for R2 billion, the landlord's most valuable transaction to date.