South Africa Property Market

South Africa ranks high on shopping centres globally

South Africa now has the sixth highest number of shopping centres of any country in the world, boasting almost 2,000 shopping centres with a floor area covering a whopping 23 million square metres. ... Full story

Old Mutual looks East and West to expand reach in Africa

Old Mutual Investment Group says it is interested in buying and seeks to invest $18m-$37m acquiring property assets in east and west Africa. ... Full story

Chinese developer seeks public's help on SA's Modderfontein New City

Zendai Development South Africa (ZDSA), the local subsidiary of Hong Kong listed Shanghai Zendai, held a series of public information sessions during July 2015 on the master plan for the proposed development of Modderfontein New City. ... Full story

SA's Property Giant to enter the race for African Market

South Africa’s largest listed real estate investment trust, Growthpoint Properties, is expected to launch a joint venture in its first foray into the rest of Africa before the end of this year. ... Full story

Cape Town gets $365m mixed-use property development

A 84-hectare site in a strategic position in Milnerton adjacent to the N7 highway Western Cape, is to be developed as a mixed-use precinct consisting of retail, light industrial, commercial and warehousing properties. ... Full story

Aveng Group sells $81m worth of properties

South Africa’s listed construction and engineering firm, Aveng Group on Thursday said it had sold the majority of its property portfolio to the Collins Property Group for $81 million. ... Full story

Eastern Europe a hot bed but don't overlook Africa

Eastern European markets may be easier to enter into and invest in compared with African markets but African markets offer tremendous opportunities for investors — Africa Property News.com has learned. ... Full story

Delta International's Africa trek gains traction

While Africa is still being punted as the world’s next big growth story, making a successful entry into the continent’s real estate markets is proving easier said than done. ... Full story

Pension Fund Investors wary of listed property

Pension funds need to begin to pay attention to listed property according to experts at the IPD Property Investment Conference held last week. ... Full story

African REITs will take time

It could take years before there are Real Estate Investment Trusts (REITs) in African countries other than South Africa. But the wait will be worth it as the continent offers strong future GDP growth supported by a large population, untapped resources and growing wealth. ... Full story

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