Property operating costs, as a percentage of gross income, continued their upward trajectory in 2023, exerting pressure on property owners’ net income. Total operating costs, as a percentage of gross income, rose by 60 basis points to 43.10%...
Redefine Properties has published its group interim results for the six months ended February 2024, reporting an increase in its distributable income of 6.1% to R1.7 billion, translating to 25.3 cents per share (HY23: R1.6 billion, 23.9 cents...
Dube TradePort Corporation (DPTC) has launched Dube TradeZone 2, the second phase of its industrial precinct and Special Economic Zone (SEZ) adjacent to King Shaka International Airport. Dube TradePort Corporation is a business entity of KwaZulu-Natal’s Provincial Government,...
A total of 432 Cape Town households have applied to earn cash from selling their excess solar power to the City of Cape Town following the closure of the first window for residential seller applications in March 2024....
The Johannesburg Stock Exchange (JSE) has signed a Memorandum of Understanding (MoU) with the Saudi Tadawul Group to bolster economic ties and to enhance financial market collaboration. The agreement, signed by the JSE’s Group CEO, Leila Fourie, is...
Sandton Gate, the epitome of ease and connectivity in Johannesburg’s bustling business landscape, has introduced the graduation of the development of Stage 2. With a concentrate on boosting city dwelling and operating experience, Sandton Gate is set to...
Nairobi’s infrastructure has developed considerably, sparking financial investment not only in the hospitality sector but broadly across all true estate asset lessons. Hospitality has bounced back again remarkably following the challenges posed by Covid-19, rising as a single...
Construction has started on the redevelopment of Parkdene Boulevard, a retail centre in Boksburg, Ekurhuleni. Established to open in Oct 2024, the centre is becoming upgraded by Abland Property Builders and Retail Africa in collaboration with Nedbank CIB...
Nairobi Gate Industrial Park, the initial Special Financial Zone (SEZ), with a absolutely consolidated customs-handle location in East Africa, has released a production and warehouse park for the country’s textile and clothing business. The 100 000m2 Textile Park will...
Kendall Pelling, Government Director of Soaring Tide Companions at the ELDI Affect Report Release Bash One particular of our key lessons uncovered in the growth of East Liberty is that land acquisition is a very important aspect of...
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