Property News Articles in South Africa

Strong demand for office space | Cape town commercial sector showing signs of recovery

After almost two years of stagnation, with a significant decline seen in certain sectors as a result of the pandemic, encouraging movement during Q1 of 2021 in Cape Town’s commercial real estate sector is cause for cautious optimism, especially...

Economic fundamentals underpinning property have weakened significantly since a decade ago

The broad economic growth stagnation of the past decade brought with it a multi-year commercial property real value correction starting back around 2016. How far has this correction progressed?

Deadline looms for energy performance compliance for building owners

By 7 December 2022, commercial properties in specified sectors must have obtained their Energy Performance Certificates (EPC), or risk a fine of R5m, five years imprisonment or both.

Hyprop’s South African shopping centres recover to pre-covid levels

The successful repositioning of Hyprop Investment’s (Hyprop) South African (SA) portfolio is evident in the recovery in the trading performance of its tenants since the restrictions were lifted.

Sustainability features setting the bar in green goals

The largest bulk Green Star EBP certification from any one property developer to date has set a major milestone for green commercial property in South Africa. 

Potential impact points of Ukraine's economic fallout on the SA Commercial Property Market

Ukraine war impact remains highly uncertain, with much depending on how long it continues, its final outcome result, and what happens in terms of global sanctions, boycotts and reaction to them.

World-class 76 Corlett Drive's state-of-the-art office space defines Joburg's new green precinct

A series of sustainability-focused developments by the leading green building developer Legaro Property Developers is defining the new Corlett Drive precinct.

The rebuild of Greater Edendale Mall has begun

Site establishment of the regional mall and demolition works began in the first week of February and completion is expected to take approximately 18 months.

Mixed bag for commercial property as 'values should stabalise' in 2022

Commercial property values decreased again in 2021, albeit at a slower pace than 2020. Here's but industry experts forecast for the year ahead.

ANALYSIS | Who will win the WFH or WFA long game?

Some employers are resisting the long-term impact of the Work-from-Home trend and some are embracing it. But in the end the market will have the final say.  Here's why.

Commercial reboot | Significant market shifts in Cape Town’s property landscape

Savvy investors are making hay while the sun shines as, for the first time ever, qualifying lease clients are being eclipsed by qualifying buyers.

Hemp to take SA's economy higher? | 4 farms perfectly suited to cultivate cannabis from R1.59m

Once a farmer, always a farmer. Hemp and cannabis farming are set for a boost as President Cyril Ramaphosa says the government will ease policies for this sector to help create jobs.

Retail Property Insights 2022: Key themes shaping the market

Significantly improved retail property performance from the past 2 years is expected, along with ongoing gradual real value correction.

Buying or selling a farm in SA? Make sure the contract is watertight

While a sought-after investment, farms should come with a hefty checklist accompanied by an experienced contract specialist, advises this legal expert.

Post-lockdown retail recovery may be 'running out of steam'

Broker expectations for 2022 shows improved optimism in Office and Industrial property classes - with interest rate hiking recently emerging as a key consideration.

Greater shopping experiences will be more important than ever in 2022

The key to success for retailers and mall owners in 2022 is engaging, enjoyable experiential retail.

Future of hybrid work | Remote teams, the new HQ and virtual company culture

There can be no one-size-fits all office space as we head into the future of work in late 2021 and beyond - Here are the expected trends.

Growthpoint flexes warehousing strength in Cape Town

Growthpoint Properties says its 40,000sqm Millroad Industrial Park in Cape Town is fully occupied with a mix of tenants from larger logistics to smaller users.

New Flagstaff mall opens in Eastern Cape, with another on the way

Flagstaff Square, a 10 956sqm, double- level mall has opened in the town located in the OR Tambo district of the Eastern Cape, offering its community convenient and essential retail in a first-class setting.

What two world crises can teach you about the commercial property market

Knowing the market, planning for the worst and the impossible, and diversifying are some of the best strategies for navigating a crisis.