The spotlight will be on Africa and its urban development this week as more than 250 executives and professionals in the built environment sector are set to attend the Royal Institution of Chartered Surveyors (RICS) Summit Africa event in Sandton Central, Johannesburg.

A survey recently carried out by the respected property analysts, Lightstone, has revealed a range of statistics that will be of interest to anyone keeping track of property trends in South Africa today, says Rowan Alexander, Director of Alexander Swart Property, the Cape Town estate agency headquartered at Brackenfell.

Lucid Ventures, the R350M Cape Town based Hotel Fund, this week announced the launch of an all new boutique hotel brand Home* Suite Hotels into the South African market.

Well positioned in close proximity to the City of Ekurhuleni’s Aerotropolis, which is being developed around OR Tambo International Airport, Johannesburg East has emerged into the spotlight as a strategically well-positioned location for home owners and businesses alike.

John Rabie, one of South Africa’s most successful property developers, has recently embarked on a substantial new venture in Portugal. 

This month, Africrest Properties opened their latest residential conversion project up for leasing and the first tenants have started moving in.

Bellevue East, located on the border of the upmarket suburbs of Observatory and Upper Houghton, emerged as one of the top performing suburbs in Johannesburg in terms of property price growth.

PRASA hereby invites proposals from potential tenants to lease and develop/upgrade properties from its different regions:

Long the unassuming and often overlooked wallflower of the Southern Suburbs, Plumstead has been attracting growing investor interest in recent years, especially since the bubble burst three years ago.

The iconic 30-storey Towers Main building in Johannesburg’s ABSA Precinct now has a new owner and a new lease on life.

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