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        <title>Engineering News | Property</title>
        <description><![CDATA[Latest news on property development in the construction sector.]]></description>
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            <title>US firm Cascade takes aim at predicting future construction projects</title>
            <link>https://newsletter-en.creamermedia.com/article/us-firm-cascade-takes-aim-at-predicting-future-construction-projects-2026-08-12</link>
            <description><![CDATA[In construction, the most expensive projects may be the ones a firm never even knew about. Somewhere a bond has been filed, a site has changed hands and the winner of a nine-figure project is already being decided, months before anyone knows about it.]]></description>
            <author>Irma Venter</author>
            <category>CONSTRUCTION</category>
            <pubDate>Wed, 12 Aug 2026 16:04:00 +0200</pubDate>
        <a_id>727718</a_id>
        <updated>1786543598</updated>
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        <editor>Creamer Media Reporter  </editor>
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        <image_title>Cascade founders Hannia Zia and Joana Ferreira</image_title>
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            <title>Granger Bay reclamation project on track to seek Parliament approval in 2027</title>
            <link>https://newsletter-en.creamermedia.com/article/granger-bay-reclamation-project-on-track-to-seek-parliament-approval-in-2027-2026-08-11</link>
            <description><![CDATA[Parliament is expected to deliver its verdict on the proposed project to reclaim just more than 3 ha of land from the sea at the V&A Waterfront, in the third quarter of next year, says V&A Waterfront development executive manager Allan Nenguke. The reclamation project, which forms part of a broader R24-billion expansion programme at Cape Town’s waterfront development, is currently the simultaneous subject of an environmental-impact assessment, as well as an Integrated Coastal Management Act process.]]></description>
            <author>Irma Venter</author>
            <category>PROPERTY</category>
            <pubDate>Tue, 11 Aug 2026 14:28:00 +0200</pubDate>
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        <updated>1786516637</updated>
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        <image_title>The Granger Bay development site</image_title>
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            <title>Construction on R1.2bn affordable housing project kicks off in Cape Town</title>
            <link>https://newsletter-en.creamermedia.com/article/construction-on-r12bn-affordable-housing-project-kicks-off-in-cape-town-2026-08-07</link>
            <description><![CDATA[Construction on the Welmoed Estate affordable housing development in Eerste River, Cape Town, has started. The Western Cape government says the project is one of its largest affordable housing developments.]]></description>
            <author>Irma Venter</author>
            <category>PROPERTY</category>
            <pubDate>Fri, 07 Aug 2026 13:02:00 +0200</pubDate>
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        <updated>1786100642</updated>
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        <image_title>The sod-turning ceremony at Welmoed Estate</image_title>
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            <title>Trust is the critical infrastructure that drives the economy – WCape Property Development Forum</title>
            <link>https://newsletter-en.creamermedia.com/article/trust-is-the-critical-infrastructure-that-drives-the-economy-wcape-property-development-forum-2026-08-06</link>
            <description><![CDATA[Trust is not simply a social value – it is the critical infrastructure that drives the economy, says Western Cape Property Development Forum chairperson Deon van Zyl. Speaking at the Western Cape Infrastructure Ministerial Roundtable held in Cape Town last week, Van Zyl said no amount of legal drafting or auditing could compensate for the absence of trust.]]></description>
            <author>Irma Venter</author>
            <category>PROPERTY</category>
            <pubDate>Thu, 06 Aug 2026 15:04:00 +0200</pubDate>
        <a_id>727375</a_id>
        <updated>1786023700</updated>
        <published>1786021440</published>
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        <editor>Creamer Media Reporter  </editor>
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        <image_title>The Cape Town city bowl</image_title>
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            <title>DP World to build 222 ha Mombasa Industrial Park Special Economic Zone</title>
            <link>https://newsletter-en.creamermedia.com/article/dp-world-to-build-222-ha-mombasa-industrial-park-sez-2026-08-04</link>
            <description><![CDATA[Logistics and supply chain company DP World will develop the Mombasa Industrial Park Special Economic Zone to strengthen Kenya's position as a regional trade and logistics gateway and address the growing demand for modern industrial and logistics infrastructure in East Africa. The 222 ha industrial park will be developed in phases and will be located less than 20 km from the Port of Mombasa, which will provide businesses with efficient access to regional and international markets.]]></description>
            <author>Schalk Burger</author>
            <category>INDUSTRIAL PARK</category>
            <pubDate>Tue, 04 Aug 2026 11:10:00 +0200</pubDate>
        <a_id>727078</a_id>
        <updated>1785837624</updated>
        <published>1785834600</published>
        <expires>99999999999</expires>
        <editor>Chanel de Bruyn</editor>
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            <title>Energy performance certificates to play important role in improving building energy consumption ...</title>
            <link>https://newsletter-en.creamermedia.com/article/energy-performance-certificates-to-play-important-role-in-improving-building-energy-consumption-iepa-2026-08-03</link>
            <description><![CDATA[Energy performance certificates (EPCs) are expected to play an increasingly important role in improving building performance, supporting informed investment decisions, reducing operational energy consumption and strengthening accountability across public and private sectors as part of South Africa's National Energy Efficiency Strategy. Following the expiry of the national EPC compliance deadline, building owners, accounting officers, facilities managers and property professionals are encouraged to familiarise themselves with their obligations under the EPC Regulations and begin engaging with registered EPC professionals where compliance has not yet been achieved.]]></description>
            <author>Schalk Burger</author>
            <category>BUILDING ENERGY</category>
            <pubDate>Mon, 03 Aug 2026 15:14:00 +0200</pubDate>
        <a_id>727031</a_id>
        <updated>1785764766</updated>
        <published>1785762840</published>
        <expires>99999999999</expires>
        <editor>Chanel de Bruyn</editor>
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            <title>Winde criticises ‘not in my backyard’ sentiment; says WCape housing prices driven by demand</title>
            <link>https://newsletter-en.creamermedia.com/article/winde-criticises-not-in-my-backyard-sentiment-says-wcape-housing-prices-driven-by-demand-2026-07-31</link>
            <description><![CDATA[Soaring property prices in the Western Cape are being driven by demand, says Western Cape Premier Alan Winde. “Everybody will say that in the inner-city of Cape Town, or perhaps in one of our coastal towns, that property is not affordable. The prices are just growing exponentially.]]></description>
            <author>Irma Venter</author>
            <category>INFRASTRUCTURE</category>
            <pubDate>Fri, 31 Jul 2026 11:13:00 +0200</pubDate>
        <a_id>726917</a_id>
        <updated>1785494965</updated>
        <published>1785489180</published>
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        <editor>Creamer Media Reporter  </editor>
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            <title>Cape Town CBD sees 41% property development boom</title>
            <link>https://newsletter-en.creamermedia.com/article/cape-town-cbd-sees-41-property-development-boom-2026-07-30</link>
            <description><![CDATA[Property investment in the Cape Town central business district (CBD) surged by 41% during 2025/26 compared with the previous year. The State of Cape Town Central City Report 2025, published this week by the Cape Town Central City Improvement District (CCID), says the value of current property developments, conservatively estimated, increased from R9-billion in 2024/25, to R12.8-billion in 2025/26, driven by strong investor confidence.]]></description>
            <author>Irma Venter</author>
            <category>PROPERTY DEVELOPMENT</category>
            <pubDate>Thu, 30 Jul 2026 07:50:00 +0200</pubDate>
        <a_id>726769</a_id>
        <updated>1785405020</updated>
        <published>1785390600</published>
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        <editor>Creamer Media Reporter  </editor>
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            <title>Tribunal approves buyout of Balwin Properties</title>
            <link>https://newsletter-en.creamermedia.com/article/tribunal-approves-buyout-of-balwin-properties-2026-07-28</link>
            <description><![CDATA[The Competition Tribunal has unconditionally approved the acquisition of JSE-listed residential property company Balwin Properties by the Government Employees Pension Fund (GEPF), represented by the State-owned Public Investment Corporation (PIC), and Volker Holdings that have formed a bidco. Following the implementation of the merger, Balwin will be under the control of the bidco.]]></description>
            <author>Schalk Burger</author>
            <category>MERGERS AND ACQUISITIONS</category>
            <pubDate>Tue, 28 Jul 2026 14:52:00 +0200</pubDate>
        <a_id>726661</a_id>
        <updated>1785247489</updated>
        <published>1785243120</published>
        <expires>99999999999</expires>
        <editor>Chanel de Bruyn</editor>
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            <title>Growthpoint spearheads South Africa’s first primary, surgical health village</title>
            <link>https://newsletter-en.creamermedia.com/article/growthpoint-spearheads-south-africas-first-primary-surgical-health-village-2026-07-28</link>
            <description><![CDATA[Real estate investment trust Growthpoint Healthcare Property Holdings (GHPH) has completed the development of the Epione Health Village, in Rosebank, Johannesburg. This development represents South Africa’s first integrated primary and surgical health village, combining primary care, specialist care, day surgery, pharmacy and diagnostics all under one roof.]]></description>
            <author>Lumkile Nkomfe </author>
            <category>PROPERTY</category>
            <pubDate>Tue, 28 Jul 2026 14:45:00 +0200</pubDate>
        <a_id>726659</a_id>
        <updated>1785243748</updated>
        <published>1785242700</published>
        <expires>99999999999</expires>
        <editor>Chanel de Bruyn</editor>
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        <image_title>Epione Health Village building</image_title>
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            <title>Construction of the Waterfall City Conference Centre and Hotel has now started</title>
            <link>https://newsletter-en.creamermedia.com/article/construction-of-the-waterfall-city-conference-centre-and-hotel-has-now-started-2026-07-27</link>
            <description><![CDATA[The Waterfall City Conference Centre and Hotel (WCCCH) had now formally started its construction phase, following a sod-turning ceremony. Located in the much larger Waterfall City development in Midrand in Gauteng province, the WCCCH is a R750-million joint development project by Attacq and Rabie Property Group. The hotel will have 180 rooms and apartments, with an open-all-day restaurant, a swimming pool, and other wellness amenities, including a spa and a gym. The conference centre will be able to accommodate 1 350 delegates in a single venue and 2 000 guests across 16 flexible event spaces.]]></description>
            <author>Rebecca Campbell</author>
            <category>PROPERTY</category>
            <pubDate>Mon, 27 Jul 2026 15:42:00 +0200</pubDate>
        <a_id>726558</a_id>
        <updated>1785161191</updated>
        <published>1785159720</published>
        <expires>99999999999</expires>
        <editor>Creamer Media Reporter  </editor>
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        <image_title></image_title>
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            <title>RMB and Indlu launch R1bn finance programme, with R915m pipeline identified</title>
            <link>https://newsletter-en.creamermedia.com/article/rmb-and-indlu-launch-r1bn-finance-programme-with-r915-000-pipeline-identified-2026-07-22</link>
            <description><![CDATA[Corporate and investment bank Rand Merchant Bank (RMB) and property financial technology company Indlu have launched a R1-billion blended finance programme to formalise and scale South Africa’s burgeoning affordable rental market. The programme aims to bridge the national housing gap – currently estimated at 2.3-million units – by providing sustainable, affordable credit to micro-developers who have historically been excluded from traditional banking sectors due to a perceived lack of formal collateral.]]></description>
            <author>Schalk Burger</author>
            <category>RESIDENTIAL PROPERTY</category>
            <pubDate>Wed, 22 Jul 2026 10:15:00 +0200</pubDate>
        <a_id>726188</a_id>
        <updated>1784713852</updated>
        <published>1784708100</published>
        <expires>99999999999</expires>
        <editor>Chanel de Bruyn</editor>
        <has_video>0</has_video>
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        <image_url>https://cisp.cachefly.net/assets/articles/images/resized/0001286909_resized_indluexampleofunit1jul261022.jpg</image_url>
        <image_title>An example of an Indlu unit</image_title>
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            <title>Commission recommends Tribunal approve Bidco’s acquisition of Balwin</title>
            <link>https://newsletter-en.creamermedia.com/article/commission-recommends-tribunal-approve-bidcos-acquisition-of-balwin-2026-07-14</link>
            <description><![CDATA[The Competition Commission has recommended to the Competition Tribunal that it approve the proposed transaction whereby Bidco intends to acquire property group Balwin Properties, without conditions. The primary acquiring firm, Bidco, is controlled by the Government Employees Pension Fund (GEPF) and is represented by the Public Investment Corporation (PIC) and Volker Holdings.]]></description>
            <author>Tasneem Bulbulia</author>
            <category>PROPERTY</category>
            <pubDate>Tue, 14 Jul 2026 15:07:00 +0200</pubDate>
        <a_id>725648</a_id>
        <updated>1784037961</updated>
        <published>1784034420</published>
        <expires>99999999999</expires>
        <editor>Chanel de Bruyn</editor>
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        <image_title>Balwin co-founder and CEO Steve Brookes</image_title>
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            <title>R650m GrandWest Mall development breaks ground in Cape Town</title>
            <link>https://newsletter-en.creamermedia.com/article/r650m-grandwest-mall-development-breaks-ground-in-cape-town-2026-07-10</link>
            <description><![CDATA[Flanagan & Gerard Property Group and GrandWest, a subsidiary of Sun International, have marked the official start of construction on the R650-million GrandWest Mall development within the GrandWest entertainment precinct in Cape Town. The sod-turning ceremony marked the formal start of construction on the 22 000 m² convenience mall, with completion and opening scheduled for June next year.]]></description>
            <author>Irma Venter</author>
            <category>PROPERTY DEVELOPMENT</category>
            <pubDate>Fri, 10 Jul 2026 00:00:00 +0200</pubDate>
        <a_id>724769</a_id>
        <updated>1783408429</updated>
        <published>1783634400</published>
        <expires>99999999999</expires>
        <editor>Martin Zhuwakinyu</editor>
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            <title>Three SMEs named finalists for Property Point’s Green Seeds competition</title>
            <link>https://newsletter-en.creamermedia.com/article/three-smes-named-finalists-for-property-points-green-seeds-competition-2026-07-07</link>
            <description><![CDATA[Three South African small and medium-sized enterprises (SMEs), namely LEEP Solutions, House Harvest and Green X, which are all developing sustainability solutions for the property sector, are finalists in the 2026 Green Seeds Competition, which aims to bring green innovation to the built environment. The SMEs will compete in the final round, concluding the 12-month accelerator programme funded by JSE-listed real estate investment trust Attacq and implemented by industry initiative Property Point.]]></description>
            <author>Schalk Burger</author>
            <category>PROPERTY</category>
            <pubDate>Tue, 07 Jul 2026 16:18:00 +0200</pubDate>
        <a_id>725172</a_id>
        <updated>1783437098</updated>
        <published>1783433880</published>
        <expires>99999999999</expires>
        <editor>Chanel de Bruyn</editor>
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            <title>New reservoir should address shortages</title>
            <link>https://newsletter-en.creamermedia.com/article/new-water-reservoir-should-address-shortages-2026-07-03</link>
            <description><![CDATA[Municipal entity Johannesburg Water officially launched the new 26-million-litre Brixton Reservoir and Tower on April 29, in Gauteng, marking a major milestone in its efforts to strengthen water security, infrastructure resilience and service delivery in the city. The project represents a fully integrated system designed to augment existing capacity, improve reliability and enhance operational flexibility.]]></description>
            <author>Halima Frost</author>
            <category>Property </category>
            <pubDate>Fri, 03 Jul 2026 00:00:00 +0200</pubDate>
        <a_id>723822</a_id>
        <updated>1782810804</updated>
        <published>1783029600</published>
        <expires>99999999999</expires>
        <editor>Nadine James</editor>
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        <image_title>TOWERING ACHIEVEMENT 
The Brixton Reservoir and Tower was officially opened on April 29, to boost water security in the Johannesburg Water district</image_title>
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            <title>PPC Zimbabwe vacant land disposal period lapses without payment</title>
            <link>https://newsletter-en.creamermedia.com/article/ppc-zimbabwe-vacant-land-disposal-period-lapses-without-payment-2026-07-01</link>
            <description><![CDATA[JSE-listed cement and construction materials company PPC has advised its shareholders that it had not received the $30-million payment for the disposal of the Arlington Property, held by subsidiary PPC Zimbabwe, from the proposed buyer Transvaal Africa by June 30, and that the disposal agreement has therefore lapsed. The Arlington Property remains a noncore asset and any other purchase offers PPC Zimbabwe may receive will be considered on their merits, the company says.]]></description>
            <author>Schalk Burger</author>
            <category>DISPOSALS</category>
            <pubDate>Wed, 01 Jul 2026 14:26:00 +0200</pubDate>
        <a_id>724781</a_id>
        <updated>1782910106</updated>
        <published>1782908760</published>
        <expires>99999999999</expires>
        <editor>Chanel de Bruyn</editor>
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            <title>Fortress to raise R1.35bn in bookbuild</title>
            <link>https://newsletter-en.creamermedia.com/article/fortress-to-raise-r135bn-in-bookbuild-2026-07-01</link>
            <description><![CDATA[JSE-listed real estate investment trust Fortress Real Estate Investments has placed 55.67-million B ordinary shares at R24.25 a share as a bookbuild placement following strong institutional demand. The shares represent about 4.5% of the company’s total B ordinary shares in issue and will raise gross proceeds of about R1.35-billion, it says.]]></description>
            <author>Schalk Burger</author>
            <category>REAL ESTATE</category>
            <pubDate>Wed, 01 Jul 2026 10:15:00 +0200</pubDate>
        <a_id>724722</a_id>
        <updated>1782896806</updated>
        <published>1782893700</published>
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        <editor>Chanel de Bruyn</editor>
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            <title>Amendment Bill must balance rights of occupiers with safeguarding public housing assets – Nasho</title>
            <link>https://newsletter-en.creamermedia.com/article/amendment-bill-must-balance-rights-of-occupiers-with-safeguarding-public-housing-assets-nasho-2026-06-25</link>
            <description><![CDATA[The proposed Amendment Bill for the Prevention of Illegal Eviction from and Unlawful Occupation of Land (PIE) Act must strike an appropriate balance between protecting the rights of occupiers and safeguarding public housing assets funded by taxpayers, says industry organisation the National Association of Social Housing Organisations (Nasho). Nasho has called for the PIE Amendment Bill to provide stronger protections for publicly funded rental housing assets.]]></description>
            <author>Schalk Burger</author>
            <category>PUBLIC HOUSING</category>
            <pubDate>Thu, 25 Jun 2026 15:37:00 +0200</pubDate>
        <a_id>724355</a_id>
        <updated>1782396839</updated>
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        <editor>Chanel de Bruyn</editor>
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            <title>Hyprop on track to deliver 10% to 12% growth in full-year distributable income</title>
            <link>https://newsletter-en.creamermedia.com/article/hyprop-on-track-to-deliver-10-to-12-growth-in-full-year-distributable-income-2026-06-25</link>
            <description><![CDATA[JSE-listed retail-focused real estate investment trust (Reit) Hyprop Investments says it remains on track to deliver growth in distributable income per share (DIPS) of 10% to 12% for the financial year ending on June 30. In a pre-close operational update on the five-month period to end-May, the company says its liquidity position is strong, with R1.7-billion in cash and R2-billion in available bank facilities.]]></description>
            <author>Schalk Burger</author>
            <category>FINANCIAL RESULTS</category>
            <pubDate>Thu, 25 Jun 2026 11:01:00 +0200</pubDate>
        <a_id>724304</a_id>
        <updated>1782381453</updated>
        <published>1782378060</published>
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        <editor>Chanel de Bruyn</editor>
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        <image_title>Hyprop Investments CEO Morne Wilken</image_title>
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            <title>R650m GrandWest Mall development breaks ground in Cape Town</title>
            <link>https://newsletter-en.creamermedia.com/article/r650m-grandwest-mall-development-breaks-ground-in-cape-town-2026-06-22</link>
            <description><![CDATA[Flanagan & Gerard Property Group and GrandWest, a subsidiary of Sun International, has marked the official start of construction on the R650-million GrandWest Mall development within the GrandWest entertainment precinct in Cape Town. The sod-turning ceremony marked the formal start of construction on the 22 000 m² convenience mall, with completion and opening scheduled for June next year.]]></description>
            <author>Irma Venter</author>
            <category>PROPERTY DEVELOPMENT</category>
            <pubDate>Mon, 22 Jun 2026 14:50:00 +0200</pubDate>
        <a_id>724018</a_id>
        <updated>1782136698</updated>
        <published>1782132600</published>
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        <editor>Creamer Media Reporter  </editor>
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        <image_title>Paul Gerard, James Vos, Ulrik Bengtsson and Pierre Lehaye at the sod-turning ceremony</image_title>
        <image_width>511</image_width>
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        <item>
            <title>Growthpoint increases number of net-zero certifications across its portfolio</title>
            <link>https://newsletter-en.creamermedia.com/article/growthpoint-increases-number-of-net-zero-certifications-across-its-portfolio-2026-06-19</link>
            <description><![CDATA[JSE-listed real estate investment trust (Reit) Growthpoint Properties has reached 12 net-zero carbon certification projects across its South African office, logistics and industrial portfolio. The company has highlighted that this milestone reflects its continued progress towards its long-term environmental and decarbonisation goals, and forms part of Growthpoint’s broader commitment to reaching net-zero certifications across 20 buildings by 2028, while supporting its ambition of carbon neutrality across its portfolio by 2050.]]></description>
            <author>Lumkile Nkomfe </author>
            <category>PROPERTY</category>
            <pubDate>Fri, 19 Jun 2026 12:34:00 +0200</pubDate>
        <a_id>723906</a_id>
        <updated>1781871576</updated>
        <published>1781865240</published>
        <expires>99999999999</expires>
        <editor>Chanel de Bruyn</editor>
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        <image_title>Growthpoint Properties COO Engelbert Binedell</image_title>
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        <item>
            <title>Hyprop completes R45m solar project at The Glen </title>
            <link>https://newsletter-en.creamermedia.com/article/hyprop-completes-r45m-solar-project-at-the-glen-2026-06-19</link>
            <description><![CDATA[Real estate investment trust Hyprop Investments has completed and commissioned the R45-million Phase 2 of its solar PV project at the Glen Shopping Centre, which the company co-owns and manages. Phase 2 boosts the centre’s total installed solar capacity to 4 304 kW.]]></description>
            <author>Tasneem Bulbulia</author>
            <category>PROPERTY</category>
            <pubDate>Fri, 19 Jun 2026 10:27:00 +0200</pubDate>
        <a_id>723872</a_id>
        <updated>1781861439</updated>
        <published>1781857620</published>
        <expires>99999999999</expires>
        <editor>Chanel de Bruyn</editor>
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        <image_title>Hyprop's South Africa’s portfolio now boasts solar capacity of 21 975 kW </image_title>
        <image_width>511</image_width>
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        <item>
            <title>Vukile records solid full-year performance, portfolio growth </title>
            <link>https://newsletter-en.creamermedia.com/article/vukile-records-solid-full-year-performance-portfolio-growth-2026-06-17</link>
            <description><![CDATA[JSE-listed Vukile Property Fund achieved 9.3% year-on-year increase in funds from operations (FFO) and dividends a share for the financial year ended March 31. The specialist retail real estate investment trust’s (Reit’s) performance exceeded guidance while it further strengthened its Iberian portfolio and undertook its first foray into Italy.]]></description>
            <author>Tasneem Bulbulia</author>
            <category>PROPERTY</category>
            <pubDate>Wed, 17 Jun 2026 16:20:00 +0200</pubDate>
        <a_id>723723</a_id>
        <updated>1781709023</updated>
        <published>1781706000</published>
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        <editor>Chanel de Bruyn</editor>
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        <image_title>The South African portfolio's cost-to-income ratio improved from 15.3% to 12.4%, underpinned by electricity savings, with Vukile’s solar PV installations now exceeding 40.3 MW and generating 29% of electricity in the portfolio </image_title>
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        <item>
            <title>Heightened demand for office space driving fit-out cost increases, says Turner &amp; Townsend </title>
            <link>https://newsletter-en.creamermedia.com/article/heightened-demand-for-office-space-driving-fit-out-cost-increases-says-turner-townsend-2026-06-15</link>
            <description><![CDATA[Professional services and management consulting firm Turner & Townsend has highlighted that a combination of a rise in demand for premium, highly amenitised Grade A office space and a shortfall in supply in many markets is driving increases in fit-out costs across global cities. The Global Office Fit-Out Cost Guide 2026 report, published by the company, analysed 58 cities worldwide and has revealed how workplace expectations are evolving, with organisations investing in higher quality, more flexible and technology-enabled environments.]]></description>
            <author>Lumkile Nkomfe </author>
            <category>PROPERTY</category>
            <pubDate>Mon, 15 Jun 2026 14:57:00 +0200</pubDate>
        <a_id>723583</a_id>
        <updated>1781530639</updated>
        <published>1781528220</published>
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        <editor>Marleny Arnoldi</editor>
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        <item>
            <title>Tiber starts construction on R1bn cantilevered pool deck at ‘The Paradigm’ </title>
            <link>https://newsletter-en.creamermedia.com/article/tiber-starts-construction-on-r1bn-cantilevered-pool-deck-at-the-paradigm-2026-06-15</link>
            <description><![CDATA[Following the recent completion of basement works and bulk excavations on the R1-billion The Paradigm building on Buitengracht Street, in the Western Cape, construction company Tiber Construction says the building is entering another complex phase – the construction of the seventh-floor cantilevered pool deck. In a media release, Tiber MD Jose Correia describes navigating the steep, traffic bordered, heritage sensitive site as “no mean feat”.]]></description>
            <author>Sabrina Jardim</author>
            <category>CONSTRUCTION &amp; PROPERTY</category>
            <pubDate>Mon, 15 Jun 2026 12:12:00 +0200</pubDate>
        <a_id>723554</a_id>
        <updated>1781519009</updated>
        <published>1781518320</published>
        <expires>99999999999</expires>
        <editor>Marleny Arnoldi</editor>
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        <image_title></image_title>
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        <item>
            <title>Growthpoint makes sizable investment to increase private hospital capacity in KwaZulu-Natal</title>
            <link>https://newsletter-en.creamermedia.com/article/growthpoint-makes-sizable-investment-to-increase-private-hospital-capacity-in-kwazulu-natal-2026-06-12</link>
            <description><![CDATA[Real estate investment trust (Reit) Growthpoint Healthcare Property Holdings (GHPH) is nearing the completion of a R60-million expansion of the Busamed Gateway Private Hospital in Umhlanga Ridge, KwaZulu-Natal. This investment forms part of the GHPH’s strategy to grow and upgrade South Africa’s private healthcare infrastructure. Managed by fund manager Growthpoint Investment Partners, the GHPH has about R7.3-billion in assets under management across a portfolio of licensed healthcare facilities.]]></description>
            <author>Lumkile Nkomfe </author>
            <category>PROPERTY</category>
            <pubDate>Fri, 12 Jun 2026 16:24:00 +0200</pubDate>
        <a_id>723501</a_id>
        <updated>1781275829</updated>
        <published>1781274240</published>
        <expires>99999999999</expires>
        <editor>Chanel de Bruyn</editor>
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        <image_url>https://cisp.cachefly.net/assets/articles/images/resized/0001278800_resized_ribboncuttingceremonygrowthpointhealth06261022.jpeg</image_url>
        <image_title></image_title>
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        <item>
            <title>Fortress reaffirms distributable earnings forecast, provides guidance for FY2027</title>
            <link>https://newsletter-en.creamermedia.com/article/fortress-reaffirms-distributable-earnings-forecast-provides-guidance-for-fy2027-2026-06-12</link>
            <description><![CDATA[JSE-listed Fortress Real Estate Investments has reaffirmed its distributable earnings forecast of at least R2.15-billion for the financial year ending June 30. This translates into a forecast distribution of at least 176.48c a share, compared with 162.44c a share for the financial year ended June 30, 2025.]]></description>
            <author>Sabrina Jardim</author>
            <category>PROPERTY</category>
            <pubDate>Fri, 12 Jun 2026 15:20:00 +0200</pubDate>
        <a_id>723490</a_id>
        <updated>1781271305</updated>
        <published>1781270400</published>
        <expires>99999999999</expires>
        <editor>Chanel de Bruyn</editor>
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        <image_title>Fortress CEO Steven Brown </image_title>
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        <item>
            <title>Affordable housing construction to start at Salt River Market site this year</title>
            <link>https://newsletter-en.creamermedia.com/article/affordable-housing-construction-to-start-at-salt-river-market-site-this-year-2026-06-11</link>
            <description><![CDATA[The City of Cape Town (CoCT) has handed over the Salt River Market site for the construction of 970 inner-city affordable housing units by developer Communicare. Salt River Market is among four inner-city sites where construction is set to begin this year on more than 3 000 affordable units in total, including more than 1 500 social housing rental apartments.]]></description>
            <author>Irma Venter</author>
            <category>PROPERTY DEVELOPMENT</category>
            <pubDate>Thu, 11 Jun 2026 15:26:00 +0200</pubDate>
        <a_id>723380</a_id>
        <updated>1781186502</updated>
        <published>1781184360</published>
        <expires>99999999999</expires>
        <editor>Creamer Media Reporter  </editor>
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        <image_title>Present at the handover of the site were CoCT Human Settlements Directorate executive director Nolwandle Gqiba, Mark van Wyk, Communicare CEO Anthea Houston, Carl Pophaim, Geordin Hill-Lewis and city councillor Ian McMahon</image_title>
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        <item>
            <title>Building confidence drops by a further 4 points in the second quarter</title>
            <link>https://newsletter-en.creamermedia.com/article/building-confidence-drops-further-by-a-further-4-points-in-the-second-quarter-2026-06-10</link>
            <description><![CDATA[After slipping by one point to 42 index points in the first quarter of this year, the business mood in the building sector fell by a further four points to 38 in the second quarter, the FNB/BER Building Confidence Index shows. This level indicates that more than 60% of respondents across the building sector value chain are dissatisfied with prevailing business conditions.]]></description>
            <author>Schalk Burger</author>
            <category>BUILDING CONFIDENCE</category>
            <pubDate>Wed, 10 Jun 2026 15:16:00 +0200</pubDate>
        <a_id>723289</a_id>
        <updated>1781100088</updated>
        <published>1781097360</published>
        <expires>99999999999</expires>
        <editor>Chanel de Bruyn</editor>
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        <image_title></image_title>
        <image_width>511</image_width>
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            <title>Growthpoint achieves record-low pricing on R1.8bn oversubscribed bond issuance</title>
            <link>https://newsletter-en.creamermedia.com/article/growthpoint-achieves-record-low-pricing-on-r18bn-oversubscribed-bond-issuance-2026-06-05</link>
            <description><![CDATA[JSE-listed real estate investment trust (Reit) Growthpoint Properties has successfully issued R1.8-billion in senior unsecured bonds in a significantly oversubscribed auction. The issue initially targeted between R1-billion and R1.5-billion and attracted keen investor appetite with bids of over R6.5-billion – more than four times the initial target.]]></description>
            <author>Sabrina Jardim</author>
            <category>PROPERTY</category>
            <pubDate>Fri, 05 Jun 2026 16:08:00 +0200</pubDate>
        <a_id>723024</a_id>
        <updated>1780669115</updated>
        <published>1780668480</published>
        <expires>99999999999</expires>
        <editor>Chanel de Bruyn</editor>
        <has_video>0</has_video>
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        <image_title>Growthpoint Properties South Africa CEO Estienne de Klerk</image_title>
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        <item>
            <title>Grinaker reports progress on construction of multi-storey parkade at Transnet headquarters</title>
            <link>https://newsletter-en.creamermedia.com/article/grinaker-reports-progress-on-construction-of-multi-storey-parkade-at-transnet-headquarters-2026-06-04</link>
            <description><![CDATA[Construction company Grinaker Building & Construction says it is making progress in building the multi-level, heavy-duty structural concrete parkade at State-owned Transnet’s headquarters, in Johannesburg. The structural works are advancing well and the project team remains focused on sustaining the programme momentum that has been established to date, the company says.]]></description>
            <author>Schalk Burger</author>
            <category>PARKADE CONSTRUCTION</category>
            <pubDate>Thu, 04 Jun 2026 15:42:00 +0200</pubDate>
        <a_id>722909</a_id>
        <updated>1781010169</updated>
        <published>1780580520</published>
        <expires>99999999999</expires>
        <editor>Chanel de Bruyn</editor>
        <has_video>0</has_video>
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        <image_title></image_title>
        <image_width>511</image_width>
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            <title>Fairvest reports progress in repositioning to retail, declares interim dividend</title>
            <link>https://newsletter-en.creamermedia.com/article/fairvest-reports-progress-in-repositioning-to-retail-declares-interim-dividend-2026-06-03</link>
            <description><![CDATA[JSE-listed real estate investment trust Fairvest CEO Darren Wilder says the company is making consistent progress in repositioning itself as a retail-focused portfolio through the disposal of noncore assets and strategic acquisitions to enhance long-term earnings visibility and sustainability. For the six months to March 31, it declared a distribution per A share of 71.82c, up from 69.66c for the six-month period to March 31, 2025, and a distribution per B share of 25.94c, up from 23.10c per B share in the 2025 interim period.]]></description>
            <author>Schalk Burger</author>
            <category>FINANCIAL RESULTS</category>
            <pubDate>Wed, 03 Jun 2026 15:47:00 +0200</pubDate>
        <a_id>722795</a_id>
        <updated>1780495667</updated>
        <published>1780494420</published>
        <expires>99999999999</expires>
        <editor>Chanel de Bruyn</editor>
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            <title>Emira delivers 3.7% y/y increase in distributable income</title>
            <link>https://newsletter-en.creamermedia.com/article/emira-delivers-37-yy-increase-in-distributable-income-2026-05-28</link>
            <description><![CDATA[JSE-listed real estate investment trust (Reit) Emira Property Fund has reported robust results for the financial year ended March 31, declaring a cash-backed second-half dividend of 64.61c a share, taking its total dividend for the financial year to 129.01c a share, which is 4.1% higher than the prior year. Net asset value per share increased by 1.3% over the 12-month period, mainly driven by value gains from Emira’s investment in Poland and its South African portfolio, but these were largely offset by a stronger rand against the dollar and euro.]]></description>
            <author>Sabrina Jardim</author>
            <category>PROPERTY</category>
            <pubDate>Thu, 28 May 2026 14:05:00 +0200</pubDate>
        <a_id>722340</a_id>
        <updated>1780035304</updated>
        <published>1779969900</published>
        <expires>99999999999</expires>
        <editor>Chanel de Bruyn</editor>
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        <image_title>Emira CEO James Day</image_title>
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        <attachments><attachment><url>https://cisp.cachefly.net/assets/articles/attachments/96687_2026-05-28_emira_results.mp4</url><size>71063480</size><title>Emira Property Fund CEO James Day discusses the company’s results for the year ended March 31</title></attachment></attachments>
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            <title>PIC, Balwin founders launch bid to take the property developer private</title>
            <link>https://newsletter-en.creamermedia.com/article/pic-balwin-founders-launch-bid-to-take-the-property-developer-private-2026-05-20</link>
            <description><![CDATA[A consortium comprising the Public Investment Corporation (PIC) and founder investors of JSE-listed Balwin Properties, has made a firm offer to acquire all shares in the specialist large-scale residential property developer at R4.35 a share, valuing Balwin at about R2.26-billion. If the transaction is concluded, Balwin's shares will be delisted from the JSE and A2X. Balwin states that the offer gives eligible shareholders the opportunity to realise cash value at a premium to recent trading levels, with the offer price representing a 41% premium to Balwin's volume-weighted average price (VWAP) over the 180 trading days prior to the announcement. The premium on the 90-day VWAP is 35%.]]></description>
            <author>Creamer Media Reporter  </author>
            <category>PROPERTY</category>
            <pubDate>Wed, 20 May 2026 10:02:00 +0200</pubDate>
        <a_id>721657</a_id>
        <updated>1779271543</updated>
        <published>1779264120</published>
        <expires>99999999999</expires>
        <editor>Chanel de Bruyn</editor>
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        <image_title>Balwin founder and CEO Steve Brookes</image_title>
        <image_width>511</image_width>
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            <title>Fortress acquires Balfour mall, to open redeveloped property in 2027</title>
            <link>https://newsletter-en.creamermedia.com/article/fortress-acquires-balfour-mall-to-open-redeveloped-property-in-2027-2026-05-19</link>
            <description><![CDATA[JSE-listed property company Fortress Real Estate Investments has acquired the 37 000 m2 Balfour Mall, in Highlands North, Johannesburg, and will, in partnership with venture capital company Forever Young Capital, undertake a comprehensive physical and operational transformation of the mall, with a targeted reopening in 2027. The redevelopment will address the root causes of the mall’s decline and create a retail environment that is fit for the community it serves by refreshing the tenant mix that will be anchored by two major grocery retailers, and adding new destination tenants, family entertainment, restaurants and lifestyle offerings, Fortress says.]]></description>
            <author>Schalk Burger</author>
            <category>RETAIL PROPERTY</category>
            <pubDate>Tue, 19 May 2026 10:40:00 +0200</pubDate>
        <a_id>721563</a_id>
        <updated>1779181408</updated>
        <published>1779180000</published>
        <expires>99999999999</expires>
        <editor>Chanel de Bruyn</editor>
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        <image_title>The Balfour mall will be redeveloped.</image_title>
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