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Property Development Sector News

    Somerset Mall embarks on a multimillion-rand expansion project

    Major retail destination set to launch a new era of retail and leisure by November 2025 and July 2026 Somerset Mall, the dominant shopping destination...
    The public will have a chance to comment on the City’s proposal to avail the red marked section of the parking area at the Athlone Stadium along Klipfontein Road for a mixed use development opportunity.

    Mixed-use development planned for part of Athlone Stadium’s parking area

    In the new year, the City’s Economic Growth Directorate will be calling on the public to have their say on the proposal to make...

    Step closer to revitalising Good Hope Centre’s future

    As a key step to revitalising the Good Hope Centre site, Council have approved the start of the public participation process to release this...

    Record-high house prices on the cards

    The residential property market is showing strong signs of recovery, with house price inflation surpassing pre-pandemic levels. “Homes are now on average 39% more...

    Western Cape Government launches Sports Precinct at Conradie Park

    On 28 November 2024, Western Cape Premier, Alan Winde, and Provincial Minister of Infrastructure, Tertuis Simmers, launched a new sports precinct at the Conradie...
    Cityscape of the Cape Town CBD - CCID - Carmen Lorraine.

    Cape Town CBD remains a good place for business

    Retail, BPO, and financial sectors see surge in new businesses opening doors in 2023 November marks National Entrepreneurship Month across the world, including in South...
    Buy now, rent out and benefit later

    Buy now, rent out and benefit later

    With interest rates starting to drop, now may be the ideal time to consider a buy-to-let investment, says Bradd Bendall, BetterBond’s National Head of...
    Inospace acquires iconic Telkom building on Cape Town’s Foreshore.

    Inospace acquires iconic Telkom building on Cape Town’s Foreshore

    INOSPACE has acquired the historic Telkom building at 15 Lower Long Street, Cape Town, strategically expanding in a strategic move to expand its urban...

    South Africa’s resilient REITs on the rise

    Despite several tumultuous years, South Africa’s Real Estate Investment Trusts (REITs) have regained their strength, rebounding to four-year highs. Listed property companies have been some...

    Exciting milestone achieved by Concor at Conradie Park development

    CONCOR’s landmark R5-billion Conradie Park development has successfully completed over 1 000 new homes, an exciting milestone in this ambitious project set to deliver...

    Property Development Sector News

    Property development news on Cape Business News (CBN) highlights trends in construction, urban planning, and real estate investment shaping South Africa’s property sector. CBN provides updates on regulatory changes, sustainable building practices, and market dynamics that influence property development. This sector’s news is essential for developers, investors, and contractors aiming to stay informed on project opportunities, compliance, and economic trends.

    MUST READ

    Northern Cape highlights compelling investment opportunities

    Northern Cape highlights compelling investment opportunities  The Northern Cape province is ideally positioned to serve as the next economic and industrial growth node for South...

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