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Published stories attached to the Commercial category.
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After 16 years of planning, the R5bn Leratong City development in Kagiso is opening its first stage on 29 October, anchoring a regional mall, a 3,000-person entertainment precinct, a private hospital and a planned 15,000 homes.
The Radisson Safari Hotel Hoedspruit became Africa's first independently verified net-zero hotel by pairing rooftop solar with a renewable energy supply agreement, but energy experts say upfront cost and night-time reliability still hold back wider adoption across South Africa's hotel sector.
African Reinsurance Corporation has put seven of the 11 floors in its newly completed Abuja headquarters on the leasing market, appointing Ora Egbunike & Associates to manage 5,147 square metres of Grade A office space in the Central Business District.
Afrirent Holdings and co-developer Lance Chalwin-Milton now plan to invest about R2.5 billion in a 35-storey mixed-use tower beside the Cape Town International Convention Centre, almost double the R1 billion to R1.3 billion flagged when the site lease was secured in 2024.
The Campaign for Democratic and Workers' Rights has asked the national leadership of the nurses' and midwives' union to drop plans to sell Nurses House on Victoria Island and wants a caveat placed on the building.
The Affordable Housing Board has withdrawn a tender for the sale and lease of commercial spaces at the Pioneer Affordable Housing Estate in Eldoret, days after President William Ruto handed keys to 2,157 homeowners there.
Construction has started on Wilgepark, a R3 billion integrated mixed-use precinct on the N3 and N5 corridors in Harrismith, Free State, combining retail, commercial, hospitality and residential space on a single site.
Moneyweb columnist Keith McLachlan weighs JSE-listed retail Reits against population and finds South Africa, and Gauteng in particular, carrying more shopping-centre space per person than its income level would suggest.
Shoprite Nigeria plans standalone neighbourhood stores instead of relying on large shopping malls, an investor in the business says, after dollar-denominated rents and naira depreciation pushed up occupancy costs.