News by Country
Published stories attached to South Africa.
142 items
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The City of Cape Town has approved the V&A Waterfront's planned R20 billion Granger Bay expansion, which includes about 1,000 affordable housing opportunities in one of Cape Town's most sought-after coastal areas.
South Africa has registered about 2,400 non-compliant buildings across its eight metropolitan municipalities and will prioritise a national funding model for temporary emergency accommodation, which municipalities lack when executing eviction orders.
Neighbourgood SA is converting the former Happy Rhino Hotel and Backpackers on Cape Town's Loop Street into 130 long-term rental units, the latest step in chief executive Murray Clark's urban regeneration drive.
Standard Bank and Java Capital have partnered to raise and structure capital for real estate, infrastructure and other real-asset investments in South Africa.
SA listed property specialists say improving retail and industrial fundamentals could support the sector despite weak domestic growth, with potential annual total returns of 14% to 17% over the next two to three years.
South Africa's hijacked and illegally occupied buildings expose a deep crisis of crime and housing, with Parliament hearing that only 20 of 1,285 properties identified under Operation Bring Back have been returned to the state.
International buyers account for about 15% of property sales in Barrydale, spending between R2.5 million and R5 million on homes in the Western Cape town, as demand grows for lifestyle properties beyond South Africa's major cities.
Akademia's R3.2 billion campus under construction east of Pretoria is lifting the surrounding property market, with agents reporting surging land prices and rising interest in student accommodation.
Property prices in South Africa's Boland towns of Robertson, Montagu and McGregor are climbing as younger buyers and developers move into the region, according to Pam Golding Properties.