News

A dispute has arisen between the Table Mountain National Park and a Cape Town lecturer over the prime property she owns.

The 26ha site is at Redhill, on the mountain near Simon's Town.

Helene Smit said her property had been declared par...

Cape Town's Victoria and Alfred Waterfront (V&A) is currently undergoing a R500-million revamp under its new South African owners, Growthpoint Propert...

Long delays in obtaining municipal clearance certificates for property transfers in Johannesburg have become a huge problem - which is impacting on the lives of thousands.

The problem has become so exasperating that a law firm in Gauteng is see...

RABIE Property Administrators (RPA), which has a portfolio under administration of more than R3.5 billion, has secured two new management contracts for buildings recently acquired by JSE-listed Ingenuity Property Investments.

The new con...

With economic growth in Africa projected to surpass 7% this year, South African businesses are eyeing up the opportunities this presents. Amongst those are property developers, who stand to benefit significantly from economic expansion on the vast cont...

Nedbank Corporate Property Finance has provided funding to the Hospitality Property Fund Ltd (HPF) for the R750 million acquisition of the Arabella portfolio of hotels, effectively putting ownership of these prestigious properties in the hands of South...

The renewal of the country's major inner city is showing some promising results. This follows the introduction of urban renewal tax incentives by the government in 2004.

Research conducted by leading commercial property services group Broll has...

The owner of a Cape Town nightclub has become the first to stand trial in the Municipal Court for allegedly contravening noise by-laws, after residents complained that the club's heavy bass was rattling their kitchen sinks and keeping their children aw...

The land Claims Court has dismissed an application by Bishopscourt and Fernwood residents who challenged decisions relating to a land claim by former Protea Village residents removed under apartheid.

The land that is the subject of the case con...

Cape Town's R14-billion tourism sector is struggling - and things will only get better in 2014, tourism authorities say.

Research from the Bureau of Economic Research shows the accommodation sector is hovering at one of its lowest occupancy lev...

Organisations wanting to have Table Mountain floodlit for a particular occasion will pay close on R4 500 for a service fee and another R121.93 for every hour the lights stay on.

This is a big jump from the around R450 an hour flat rate in the p...

Eastern Boulevard is to be named after Nelson Mandela on July 15.

Cape Town mayor Patricia de Lille made the announcement to loud applause from the entire council chamber yesterday.

"I am pleased to announce that, on July 15 this y...

The recent successful launch of the new phases of the MyCiTi transport system is a further significant milestone in the development of Cape Town as a liveable city.

On May 9, the West Coast sector of the MyCiTi/BRT Transport Network on the R27 ...

The historic 'Nelson Mandela Building' in the Johannesburg CBD, where Madiba served his legal articles, is set to go under the auctioneers hammer on 23 June after being donated by First National Bank to CIDA City Campus.
The 'Nelson Mandela Buil...

Newspaper House, long considered a landmark in the city centre and home to the Cape Times and Cape Argus, is to be sold.
Independent Newspapers Cape general manager Ishmet Davidson said yesterday that since the company's recent decision to outs...

Organised agriculture has condemned the actions of farmers selling their farms to the government at highly inflated prices, saying the deals could put neighbouring landowners out of business.

Earlier this year, Ron Jenkinson sold his 250ha farm...

With linear markets working successfully in the inner city, the City of Johannesburg will roll out similar projects in other areas at a cost of R60-million.
Its department of economic development and Johannesburg Property Company has appointed a...

The R9.7 billion sale of the Victoria & Alfred (V&A) Waterfront, the crown jewel of the South African property market, appears set to have a multimillion rand sequel in the high court. The Reserve Bank will be cited as a respondent if the plann...

It appears that South Africans will have to start sharing tombstones and graves as land for graveyards rapidly runs out, according to Daniel Schubert, founder ...

NEW development totalling R11 billion is in the pipeline for Century City where total investment to date has topped R16 billion.

The 250 ha Century City mixed use development was launched in 1997 with the remaining undeveloped land and a...

THE first SAPOA Office vacancy survey of 2011 shows little change to vacancy levels in most of the Cape Town nodes surveyed, according to Dave Russell, a director of Baker Street Properties.

“In fact, if one compares the vacancy le...

A Bishopscourt mansion, valued at R4.4 million, has been invaded by about 35 people who have stripped it bare, wrecked parts of it and allegedly turned it into a haven for drug dealing and prostitution.
That is the evidence before the Western Ca...

One of Cape Town's most prominent aquatic scientists has been appointed to investigate the contested wetland area affected by controversial infilling of part of the Disa River estuary at Hout Bay, including delineating its boundaries.

Some resi...

Black consumers have become the largest-profile buyers at auctions, according to Auction Alliance CEO Rael Levitt.

Auction Alliance's first- an...

CAPE TOWN-based investment company Trematon Capital Investments has broadened its property portfolio by acquiring a 50% stake in a newly formed property loan stock company.

The other 50% of the property venture will be held by Brian Gold...

The Public Investment Corporation Real Estate Managers (PIC REAM) has earmarked R260 million for a total overhaul of the well-known Centre Point Shopping Centre in Milnerton. PIC REAM is a division of PIC, a large shareholder in many of South Africa&rs...

THE headquarters for SSI Engineers & Environmental Consultants’ operations in the Western Cape last month moved to new offices in Plattekloof from Bellville, where it was located since 2004.

The new offices, located in Building...

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