Asset News Hub

2025-12-04 12:37:00.0

Western Cape High Court reserves judgement on SAPOA’s challenge to Cape Town’s property-based tar...

SAPOA’s legal challenge against the City of Cape Town’s adopted 2025/2026 Budget was heard in the Western Cape High Court between Tuesday, the 2nd of December 2025 and Thursday, the 4th of December 20...

by PropertyWheel_G.

Asset News Hub

2025-12-04 11:39:00.0

Pareto Limited and Divercity break ground on R850m residential redevelopment of Menlyn Office Park

Owner of Menlyn Park Shopping Centre, Pareto Limited, alongside Divercity Property Group, have broken ground on the R850 million residential redevelopment of Menlyn Office Park to deliver 1 200 new ap...

Asset News Hub

2025-12-04 06:35:00.0

Afrimat’s Q3 2025 Construction Index records double-digit growth

The Q3 2025 Afrimat Construction Index (ACI) registered a double-digit, quarter-on-quarter increase, representing a significant improvement compared to Q2 2025’s results. The composite index of activi...

by PropertyWheel_G.

Asset News Hub

2025-12-03 11:34:00.0

Robust growth sees retail property ideally placed to build on consumer shifts – Clur Index

Buoyed by continuing strengthening of sector performance in Q3 2025, South African retail property is ideally placed to leverage evolving consumer shifts, says Belinda Clur, managing director of Clur ...

by PropertyWheel_G.

Asset News Hub

2025-12-03 10:52:00.0

The Cavaleros Group announces acquisition of Portside Towers

The Cavaleros Group has announced its acquisition of the iconic Portside Towers – the tallest building in Cape Town and a defining landmark within the city. This acquisition marks a significant milest...

by PropertyWheel_G.

Asset News Hub

2025-12-01 14:30:00.0

Fourways Mall’s vacancies drop with Accelerate Property Fund reporting strong leasing activity

Accelerate Property Fund has reported a R59,4 million increase in its revenue during the six months ended 30th of September 2025, primarily due to increased commercial rent, parking income, and a R82,...

by PropertyWheel_G.

Asset News Hub

2025-12-01 11:20:00.0

StatsSA reveals metro residential development trends over the last decade

Stats SA’s 10-year review of new buildings in the private sector between 2014 and 2023 shows that the City of Cape Town led in new residential units with 96 725 completions of mainly freestanding home...

by PropertyWheel_G.

Asset News Hub

2025-12-01 09:25:00.0

Fairvest Limited’s FY2025 distribution surpasses market guidance

Fairvest Limited has posted its results for the year ended 30th September 2025, declaring an annual distribution of 142.57 cents per A share and 48.15 cents per B share, surpassing its guidance to the...

by PropertyWheel_G.

Asset News Hub

2025-12-01 07:24:00.0

Hyprop Investments reports strong tenant turnover and trading density growth post FY2025

Hyprop Investments Limited has issued an operational update post the release of its FY2025 results in September 2025, with both its South African and Eastern European portfolios having delivered stron...

by PropertyWheel_G.

Asset News Hub

2025-11-28 07:48:00.0

Property Point’s Real Estate Incubator Programme secures grant funding from impact investor

Property Point’s Real Estate Incubator Programme has secured grant funding from impact investor E Squared Investments, shortly following the Property Practitioners Regulatory Authority’s (PPRA) offici...

by PropertyWheel_G.

Asset News Hub

2025-11-27 12:37:00.0

Growthpoint targets R3.5bn disposals in FY2026 with plans to boost its Western Cape exposure

Growthpoint Properties has set an asset disposal target of R3.5 billion for FY2026 to reduce its exposure in the office sector (particularly its B grade office space) and older industrial and manufact...

by PropertyWheel_G.

Asset News Hub

2025-11-27 06:33:00.0

Fortress Real Estate Investments Limited reports historic-low vacancy in local logistics portfolio

Fortress Real Estate Investments Limited has released its pre-close operational update for the period ended 30th June 2025, reporting an historic-low vacancy rate in its South African logistics portfo...

by PropertyWheel_G.

Asset News Hub

2025-11-26 09:14:00.0

KwaZulu-Natal’s construction tenders rebound to R16bn amid infrastructure backlog

The province’s development regions showed markedly different trajectories with KwaDukuza recording a 40% rise in building plan approvals in 2024; eThekwini South having surged by 357%; and eThekwini C...

Asset News Hub

2025-11-26 08:13:00.0

Vukile Property Fund reports 9% dividend growth and upgraded full-year 2026 outlook

The REIT holds a total of R54 billion in property assets with approximately two thirds (and net property income) generated in Spain and Portugal through its 99.6%-held subsidiary, Castellana Propertie...

by PropertyWheel_G.

Asset News Hub

2025-11-25 11:02:00.0

Stefanutti Stocks’ current order book hits R13.4bn with increased offshore work

Stefanutti Stocks has released its results for the six months ended 31st August 2025, reporting an increase in contract revenue to R3.7 billion (August 2024: R3.6 billion) and an improvement in its op...

by PropertyWheel_G.

Asset News Hub

2025-11-25 08:00:00.0

Octodec’s residential and retail assets lead rental income growth in 2025

Octodec Investments has posted its results for the year ended 31st of August 2025, reporting a 4.6% increase in revenue to R2.2 billion. While all the sectors in which it operates contributed to the ...

by PropertyWheel_G.

Asset News Hub

2025-11-24 11:46:00.0

SAPOA: Global property markets extend recovery in H1 25: Momentum builds on 2024 gains

Global property markets extended their recovery through the first half of 2025, building on the positive momentum established in late 2024 according to SAPOA’s Global Property Trends Report H1 2025. A...

by PropertyWheel_G.

Asset News Hub

2025-11-24 06:43:00.0

PPC delivers ‘best-in-sector performance’ with 23.5% EBITDA growth to R983m in H1 FY25

PPC says it has delivered its best-in-sector performance for the six months ended 30th September 2025 with its EBITDA having increased by 23.5% to R983 million (H1 FY2025: R796 million) with its EBITD...

by PropertyWheel_G.

Asset News Hub

2025-11-21 08:05:00.0

Hammerson completes buyout of The Oracle

Hammerson plc has acquired the remaining 50% interest in one of the UK’s top retail, leisure, and lifestyle destinations, The Oracle, from its JV partner, Abu Dhabi Investments Authority, at a headlin...

by PropertyWheel_G.

Asset News Hub

2025-11-21 07:58:00.0

Heriot REIT breaks ground on student accommodation development, The Fibonacci

Heriot REIT has broken ground its nine-storey student accommodation development, The Fibonacci. Located just 1.5 km from UCT and within close reach of Damelin and CPUT, the development sits along the ...

by PropertyWheel_G.

Asset News Hub

2025-11-20 05:55:00.0

Burstone Group reports strong retail and office recovery, driving 5.3% NOI growth

Burstone Group has posted its interim results for the six months ended 30th September 2025, reporting significant growth in like-for-like net operating income (NOI) from its South African portfolio of...

by PropertyWheel_G.

Asset News Hub

2025-11-19 22:00:00.0

Delta Property Fund reports 71.86% profit surge, driven by disposals and lease renewals

Delta Property Fund has posted its half-year results for the six months ended 31st August 2025, reporting a 71.86% increase in its profit from R29.5 million to R50.7 million, driven by its disposal pr...

by PropertyWheel_G.

Asset News Hub

2025-11-19 11:19:00.0

Mall of Mthatha launches after R225m redevelopment

Mall of Mthatha (formerly BT Ngebs Mall) has officially launched, marking the completion of its landmark upgrade under new ownership – Vukile Property Fund and Flanagan & Gerard Property Group. Since ...

by PropertyWheel_G.

Asset News Hub

2025-11-18 22:00:00.0

NEPI Rockcastle reports strong Q3 performance with 12.3% y/y rise in NOI and renewable energy rev...

NEPI Rockcastle has issued its business update following the recent announcement of its incoming CEO, Marek Noetzel. The Group reported a 12.3% year-on-year increase in net operating income (NOI) dur...

by PropertyWheel_G.

Asset News Hub

2025-11-18 10:52:00.0

Celebrating the class of 2025: 54 years of SAPOA’s Property Development Programme

The 2025 class of SAPOA’s flagship Property Development Programme (PDP) recently celebrated graduation at an intimate dinner held at The President Hotel in Cape Town. A long-standing partnership betwe...

by PropertyWheel_G.

Asset News Hub

2025-11-17 12:49:00.0

Rising contractor -subcontractor disputes highlight contract awareness crisis

Disputes between main contractors and subcontractors are rising across SA, largely due to poor contract awareness, non-standard agreements, and weak regulatory oversight. Subcontractors, often despera...

by PropertyWheel_G.

Asset News Hub

2025-11-17 12:48:00.0

New apartment, townhouse supply up 21.8% year-to-date but houses decline 7.3%

While recent interest rate cuts have helped revive SA’s residential property market, FNB says its data shows that constrained property supply appears to be the primary force driving the current upward...

by PropertyWheel_G.

Asset News Hub

2025-11-17 12:34:00.0

Property: The smart play for businesses, individuals and trusts

If you are looking for an investment that can work as hard as you do – earning income today while building long-term value, property remains one of the most compelling options in SA. Done right, it d...

by PropertyWheel_G.

Asset News Hub

2025-11-17 10:47:00.0

Sirius Real Estate declares 24th consecutive increased dividend

“Our like-for-like rent roll growth was again above 5% and helped us drive a 6.6% growth in funds from operations (FFO), while our value- add and tenant renewal capex investment programmes have now ac...

by PropertyWheel_G.

Asset News Hub

2025-11-13 06:09:00.0

Emira Property Fund’s share repurchase program reduces shares in issue to 5.5 million

Emira Property Fund has posted its interim financial results for the six months ended 30th September 2025, reporting a 1.9% increase in its distributable income per share to 64.83 cents when compared ...

by PropertyWheel_G.

Asset News Hub

2025-11-12 16:19:00.0

SAPOA: SA’s All Property Capitalisation rate declines to 8.2% in H1 2025

SA’s All Property capitalisation rate edged down 20 basis points to 8.2% during the six months to June 2025 – in line with stable bond yields according to SAPOA’s Property Valuations Report for H1 202...

by PropertyWheel_G.

Asset News Hub

2025-11-12 05:00:00.0

SA’s residential rental market at a crossroads where growth meets tenant vulnerability

South Africa’s rental market is at a crossroads where strong growth meets rising tenant vulnerability according to the latest TPN Residential Rental Monitor. Despite record rental escalations outpacin...

Asset News Hub

2025-11-11 22:00:00.0

Dipula Properties delivers strong 2025 results after #1 Sunday Times Top 100 Companies ranking

Dipula Properties has delivered a strong set of results for the year ended 31st August 2025, shortly following its top-spot ranking in the Sunday Times’ Top 100 Companies for 2025. The Company’s secon...

by PropertyWheel_G.

Asset News Hub

2025-11-11 18:50:00.0

Georgina Smit announced as GBCSA’s incoming CEO

The Green Building Council South Africa has announced Georgina Smit as its new CEO with effect from the 1st of May 2026. The announcement was made at the GBCSA’s 18th Annual Green Building Convention ...

by PropertyWheel_G.

Asset News Hub

2025-11-11 18:49:00.0

City of Joburg to launch new 3-year Comprehensive Integrated Transport Plan

The City of Joburg, through the Johannesburg Development Agency (JDA) and the City’s transport department, has begun working on developing its new three-year Comprehensive Integrated Transport Plan (C...

by PropertyWheel_G.

Asset News Hub

2025-11-11 06:44:00.0

Stor-Age REIT celebrates 10-year JSE listing with strong interim results

Stor-Age REIT has posted its interim results for the six months ended 30 September 2025, achieving revenue and occupancy growth, whilst growing its distributable income per share by 4.5% to 65.87 cent...

by PropertyWheel_G.

Asset News Hub

2025-11-10 17:59:00.0

Retail landlords investing millions in communities they serve – Clur Connect

Retail property landlords are investing millions in education, skills development, recreational facilities and sustainability as part of their engagement with the communities they serve. The extent of...

by PropertyWheel_G.

Asset News Hub

2025-11-10 14:23:00.0

SA’s REITs rank high in Sunday Times Top 100 Companies 2025

SA’s REIT sector has capped a strong year with significant recognition in the Sunday Times Top 100 Companies 2025 with Dipula Properties taking the overall top spot, Fairvest Limited ranked second, an...

by PropertyWheel_G.

Asset News Hub

2025-11-10 09:16:00.0

Mixed-use development begins construction on prime Green Point site

Construction of the R2 billion mixed-use development, The Granger, adjacent to the DHL Stadium in Green Point, Cape Town, has begun. The project, a JV between The Devmark Property Group and The Feenst...

by PropertyWheel_G.

Asset News Hub

2025-11-10 08:32:00.0

Exemplar REITail’s rental/recovery income increases 16.5%, driven by new malls

On a like-for-like basis, the Company’s rental and recovery income grew by 7.25%, primarily due to a 5.4% increase in base rental escalations, higher turnover-linked rentals, and increased utility rec...

by PropertyWheel_G.

Asset News Hub

2025-11-10 06:36:00.0

Two-speed recovery in SA’s construction sector evident

SA’s construction sector remained under pressure through mid-2025, as private sector building activity weakened and public sector rollout remained uneven, according to Industry Insight’s Construction ...

by PropertyWheel_G.

Asset News Hub

2025-11-07 09:08:00.0

Cape Town issues annual spatial trends report highlighting land use changes

Cape Town’s built environment grew by 4 056ha between 2012 and 2024, equating to 18 x Century Cities. Balancing growth and space containment: As of 2024, about 69% of the Cape Town’s urban extent is d...

by PropertyWheel_G.

Asset News Hub

2025-11-07 07:24:00.0

Why secure estate living in Knysna is attracting SA’s lifestyle buyers

Kynsna’s residential property market tells a clear story of demand for lifestyle estates and secure living, says Lightstone, with property values and transaction patterns reflecting the ongoing shift ...

by PropertyWheel_G.

Asset News Hub

2025-11-06 14:11:00.0

Premium national investment assets under Broll Auction hammer

An exciting line-up of investment opportunities goes under the hammer in Broll Auctions and Sales’ final auction of 2025, closing off a year that has sparked a renewed interest in the commercial and i...

by PropertyWheel_G.

Asset News Hub

2025-11-06 12:09:00.0

SA’s office market leads property sales optimism in Q3 2025

The office property market across SA’s six major metros recorded the strongest positive ‘Near Term Sales Activity Expectations’ reading, followed by the industrial property market and the retail prope...

by PropertyWheel_G.

Asset News Hub

2025-11-06 10:02:00.0

Nedbank to cut emissions in 26 branches via Growthpoint Properties’ Renewable Energy Certificates

Nedbank Group Limited is taking up Growthpoint Properties’ renewable energy certificates (RECs) in an initiative enabling tenants to offset electricity emissions in leased buildings. Scope 2 emissions...

Asset News Hub

2025-11-05 22:00:00.0

“This is what renewed confidence looks like”- SA’s REITs surge 10.8% in October

SA’s REITs surged 10.8% in October 2025, outpacing equities at 1.6% and bonds at 2.6% with the sector up 26.4% year-to-date as earnings momentum, firmer sentiment, and lower funding costs converge. He...

by PropertyWheel_G.

Asset News Hub

2025-11-05 07:45:00.0

AI Data Centres face power and supply chain constraints despite construction cost concerns

Data centre developers worldwide are shifting their focus to the construction of facilities capable of supporting AI workloads – but sector expects warn that the complex requirements of these new data...

Asset News Hub

2025-11-03 17:19:00.0

R600m shopping centre opens on former working mushroom farm in Kyalami

The R600 million Mushroom Farm Shopping Centre in the Kyalami-Waterfall node has opened its doors – with a second phase planned for 2026. Owned and developed by Century Property Development, the centr...

by PropertyWheel_G.

Asset News Hub

2025-11-03 15:20:00.0

Cape Town seeks comment on proposed Stikland land sale for bus terminus and mixed-use development

The City of Cape Town’s Economic Directorate is calling for comment on the proposed sale of a portion of city-owned land in Stikland, Bellville to the private sector, earmarked for a long-distance bus...

by PropertyWheel_G.