Property News Articles in South Africa

The Office Property Market appears to have surpassed the Retail Property Market in terms of being perceived by brokers as the weakest of the 3 major commercial property sectors in South Africa.

SA REITs recovered somewhat in the final months of 2020, indicating the potential start of a long-term uptrend in the real estate sector. The outlook for 2021 remains uncertain.

Independent energy expert Ted Blom says he expects load shedding to be a reality for the next five years, painting a grim picture about the current bout of energy shortages South Africa finds itself in.

A hybrid office solution that is more flexible could be the answer for many companies going into 2021, suggests David Seinker, Founder and CEO, The Business Exchange.

South Africa’s largest workplace design specialists share key strategies and considerations that will shape the future workplace.

Newlands Cricket Ground, one of the world’s most iconic, is undergoing an R800-million transformation, reshaping the urban mixed-use precinct in the southern suburbs of Cape Town. 

We chat with Rita Zwane, affectionately known as maZwane, owner of Imbizo Shisanyama as she is set to open her fourth venue in the newly launched Mall of Thembisa.

Set to open later in November, this new mall incorporates a hyper-local mind-set, where customers are seen as so much more than just a consumer.

It represents so much more than just using an empty space to create jobs - by offering diverse SA cuisine at accessible prices, while championing skills sharing between credible food experts and budding entrepreneurs. 

ST trustees and HOA directors don't need to obtain the permission of owners to collect personal information needed for the “effective management” of those schemes, as long as that is all they do with it.

All 3 major property sector activity levels are significantly below the pre-lockdown 1st quarter survey levels, says FNB economist John Loos.

Is there any hope of maintaining the CBDs of the past into the future?

The latest FNB Property Broker Survey shows businesses in Gauteng appear to be downscaling in order to stem "elevated financial pressures", despite the eased Lockdown to Level 1.

Commercial Property heavyweights agree it doesn't have to be an 'either-or scenario', when it comes to offices or working from home - but rather a trend for the 'best of both worlds'.

The changes thrust upon us during the Covid-19 Pandemic and subsequent lockdown is forcing a rethink of how people are rewarded for the value they bring, rather than hours spent at a desk.

Social distancing has put a different spin on the shopping mall experience but as we get to grips with level 2 - these are the five malls voted the coolest in the country.

Complex tariffs are not only frustrating, but are hindering attempts by the consumer to manage their electricity costs in a time when, for most people, every cent counts.

Growthpoint Cape Town estimates it has spent R5 million to date on measures like sanitiser and temperature testing, as the CBD's landlord and tennants look for common ground to survive .

South Africa's office market is in deep trouble due to high vacancy rates, only being exacerbated by the impact of the Covid-19 pandemic.

Commercial and Residential Property practitioners can get back to work from 1 June - with the Covid-19 Command Council stressing the importance of workplace health and safety procedures.