Category: African Economy & Property News

Green light for R1.2 billion shopping mall in Pretoria

The development by one of SA’s oldest rural shopping centre developers, McCormick Property Development (MPD), of a massive shopping mall

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How advanced data analytics is boosting shopping centre performance

Shopping centre owners for years have been investing in technology – from cutting-edge facial recognition, to understanding how people shop

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Investec Australia Property Fund to raise R1bn prior to ASX listing

Investec Australia Property Fund (JSE:IAP), which seeks to list on the Australian Securities Exchange (ASX), plans to raise R1 billion

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Redefine Properties interim income grows 4%

Redefine Properties (JSE: RDF) which said last week that Sipho Pityana had replaced Marc Wainer as its chair, today reported

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Small businesses in uphill battle over Airbnb regulation

The saga between small operators and large hotel groups over Airbnb regulation in South Africa, takes a new twist after

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Rebosis shares extend slide as times get tough

JSE-listed real estate investment trust (Reit) Rebosis Property Fund shares slumped pushing the loss of value to nearly 81% in

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Century City Developer ventures into Europe with R1.4bn development

John Rabie, famously known for developing one of SA’s most successful mixed use development, Century City in Cape Town, has

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SA’s $8 billion Megacity development dead in the water

South Africans were caught up on an ambitious smart-city development less than 20km away from Sandton, dubbed the ‘New York

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Marriott opens new Hotel, Four Points by Sheraton Setif in Algeria

Hospitality giant, Marriott International recently opened a new hotel in Algeria, Four Points by Sheraton Setif in partnership with Prombati

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A snapshot of the property market in Zimbabwe

Even though the Zimbabwe property market faces many challenges, it has always been characterized by a high demand and a

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