South Africa Property Market

Retail proving to be the most dynamic sector

The retail property sector has recently come to the fore as a champion in helping the overall property market retain its reputation in Africa, Africa Property News.com has learned. ... Full story

SA’s hotels group to build 500-room hotel complex in Cape Town

South Africa's gaming and hotels group, Tsogo Sun (TSH) on Tuesday said it would begin construction of a 500-room hotel complex in Cape Town’s city centre. ... Full story

African retail and office property offers ‘significant opportunities’ for investors

Rapid urbanisation and growing consumer wealth on the African continent is providing numerous opportunities for investors wanting to gain exposure to retail and office property developments north of South Africa. ... Full story

Africa on a roll with a clutch of new Cities

Once an area that foreign investment shied away from, Africa has become an investment hotspot, changing dramatically with commercial and residential property developments mushrooming in the continent. ... Full story

Total returns for South Africa’s Property Sector declined

Total returns for South African‬ investment ‪‎property‬ returns fell to 12.9% last year, from 15.9% in 2013, according to figures by the IPD South Africa Annual Property Index report released on Wednesday. ... Full story

Cement Maker determined in expanding into fast-growing Africa

South Africa's Cement giant Pretoria Portland Cement (PPC) seems to be determined to aggressively expand into fast-growing Africa. ... Full story

High-rise construction activity soars in South Africa

This year is expected to be a busy one for developers as demand for luxury residential apartments in Johannesburg's upmarket suburbs of Sandton, Rosebank and Hyde Park continues its steady rise. ... Full story

Johannesburg gets multi-billion dollar mixed-use development

Billionaire Insurance entrepreneur, Douw Steyn on Thursday unveiled the new multi-billion dollar Steyn City lifestyle estate in Johannesburg with upmakert residential units, golf course and commercial space. ... Full story

A sigh of relief for S.Africa’s Property Buyers as Transfer Duty reduced

Home buyers in South African can breathe a sigh of relief as Finance Minister Nhlanhla made announcement in his 2015 budget speech, which will see reduction in transfer duty that may provide some relief and incentive for aspirant buyers in the lower end of the market. ... Full story

SA Property Owners strongly denounce ban of Foreign Land Ownership Bill

Johannesburg — The proposal ban of foreign nationals from owning land in South Africa announced by President Zuma last week, has placed in doubt and disappointed the South African Property Owners Association (SAPOA). ... Full story

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