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        <title>Engineering News | Property</title>
        <description><![CDATA[Latest news on property development in the construction sector.]]></description>
        <link>https://www.engineeringnews.co.za/page/property</link>
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            <title>Amendment Bill must balance rights of occupiers with safeguarding public housing assets – Nasho</title>
            <link>https://www.engineeringnews.co.za/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>
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            <title>Hyprop on track to deliver 10% to 12% growth in full-year distributable income</title>
            <link>https://www.engineeringnews.co.za/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>
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        <updated>1782381453</updated>
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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://www.engineeringnews.co.za/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>
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        <editor>Creamer Media Reporter  </editor>
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            <title>Growthpoint increases number of net-zero certifications across its portfolio</title>
            <link>https://www.engineeringnews.co.za/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>
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        <updated>1781871576</updated>
        <published>1781865240</published>
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        <editor>Chanel de Bruyn</editor>
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        <image_title>Growthpoint Properties COO Engelbert Binedell</image_title>
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            <title>Hyprop completes R45m solar project at The Glen </title>
            <link>https://www.engineeringnews.co.za/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>
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        <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>
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            <title>Vukile records solid full-year performance, portfolio growth </title>
            <link>https://www.engineeringnews.co.za/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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            <title>Heightened demand for office space driving fit-out cost increases, says Turner &amp; Townsend </title>
            <link>https://www.engineeringnews.co.za/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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            <title>Tiber starts construction on R1bn cantilevered pool deck at ‘The Paradigm’ </title>
            <link>https://www.engineeringnews.co.za/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>
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        <updated>1781519009</updated>
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        <editor>Marleny Arnoldi</editor>
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            <title>Growthpoint makes sizable investment to increase private hospital capacity in KwaZulu-Natal</title>
            <link>https://www.engineeringnews.co.za/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>
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        <editor>Chanel de Bruyn</editor>
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            <title>Fortress reaffirms distributable earnings forecast, provides guidance for FY2027</title>
            <link>https://www.engineeringnews.co.za/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>
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        <editor>Chanel de Bruyn</editor>
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        <image_title>Fortress CEO Steven Brown </image_title>
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            <title>Affordable housing construction to start at Salt River Market site this year</title>
            <link>https://www.engineeringnews.co.za/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>
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        <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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            <title>Building confidence drops by a further 4 points in the second quarter</title>
            <link>https://www.engineeringnews.co.za/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>
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        <editor>Chanel de Bruyn</editor>
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            <title>Growthpoint achieves record-low pricing on R1.8bn oversubscribed bond issuance</title>
            <link>https://www.engineeringnews.co.za/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>
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        <editor>Chanel de Bruyn</editor>
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        <image_title>Growthpoint Properties South Africa CEO Estienne de Klerk</image_title>
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            <title>Grinaker reports progress on construction of multi-storey parkade at Transnet headquarters</title>
            <link>https://www.engineeringnews.co.za/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>
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        <editor>Chanel de Bruyn</editor>
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            <title>Fairvest reports progress in repositioning to retail, declares interim dividend</title>
            <link>https://www.engineeringnews.co.za/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>
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        <editor>Chanel de Bruyn</editor>
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            <title>Emira delivers 3.7% y/y increase in distributable income</title>
            <link>https://www.engineeringnews.co.za/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>
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        <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://www.engineeringnews.co.za/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>
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        <editor>Chanel de Bruyn</editor>
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        <image_title>Balwin founder and CEO Steve Brookes</image_title>
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            <title>Fortress acquires Balfour mall, to open redeveloped property in 2027</title>
            <link>https://www.engineeringnews.co.za/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>
        <has_video>0</has_video>
        <has_audio>0</has_audio>
        <image_url>https://cisp.cachefly.net/assets/articles/images/resized/0001272705_resized_fortressbalfourmallmay261022.jpg</image_url>
        <image_title>The Balfour mall will be redeveloped.</image_title>
        <image_width>511</image_width>
        <image_height>287</image_height>
        </item>
        <item>
            <title>Calgro M3 maintains dividend, increases NAV, but HEPS declines</title>
            <link>https://www.engineeringnews.co.za/article/calgro-m3-maintains-dividend-increases-nav-but-heps-declines-2026-05-18</link>
            <description><![CDATA[JSE-listed property investment company Calgro M3 has reported a 10.77% year-on-year increase in net asset value (NAV) to R16.46 for the financial year ended February 28. The company declared a final dividend of 8.64c a share, which was identical to the prior financial year's dividend. This represented 5.54% of headline earnings a share (HEPS), which was above the company's 5% policy minimum.]]></description>
            <author>Schalk Burger</author>
            <category>FINANCIAL RESULTS</category>
            <pubDate>Mon, 18 May 2026 16:31:00 +0200</pubDate>
        <a_id>721521</a_id>
        <updated>1779116171</updated>
        <published>1779114660</published>
        <expires>99999999999</expires>
        <editor>Chanel de Bruyn</editor>
        <has_video>0</has_video>
        <has_audio>0</has_audio>
        <image_url>https://cisp.cachefly.net/assets/articles/images/resized/0001272549_resized_calgrom3ceobenpierremalherbe1022.jpg</image_url>
        <image_title>Calgro M3 group CEO Ben Pierre Malherbe</image_title>
        <image_width>511</image_width>
        <image_height>287</image_height>
        </item>
        <item>
            <title>Equites expects to make bumper investments in South Africa in 2027 and 2028</title>
            <link>https://www.engineeringnews.co.za/article/equites-expects-to-make-bumper-investments-in-south-africa-in-2027-and-202-2026-05-14</link>
            <description><![CDATA[JSE-listed logistics specialist real estate investment trust Equites CEO Andrea Taverna-Turisan says that, although the company's investments slowed during the financial year to February 28, compared with the 2024 and 2025 financial years, Equites was expecting a “bumper” two years of investments in 2027 and 2028. The financial year under review marked the transition from a period of UK asset recycling and balance sheet optimisation to one of disciplined capital deployment and growth, with South Africa prioritised as the primary engine of earnings and value creation, he said during a presentation of the company's results on May 14.]]></description>
            <author>Schalk Burger</author>
            <category>FINANCIAL RESULTS</category>
            <pubDate>Thu, 14 May 2026 15:05:00 +0200</pubDate>
        <a_id>721294</a_id>
        <updated>1778765660</updated>
        <published>1778763900</published>
        <expires>99999999999</expires>
        <editor>Chanel de Bruyn</editor>
        <has_video>0</has_video>
        <has_audio>0</has_audio>
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        <item>
            <title>Dipula Properties lifts first-half distributable earnings by 20%</title>
            <link>https://www.engineeringnews.co.za/article/dipula-properties-lifts-first-half-distributable-earnings-by-20-2026-05-13</link>
            <description><![CDATA[JSE-listed real estate investment trust (Reit) Dipula Properties has reported a 20% year-on-year increase in distributable earnings to R310-million for the six months ended February 28, supported by improved operational and financial performance. Dipula announced an upgrade to its distributable earnings guidance of 7%, to between 7% and 8% for the full 2026 financial year. A continued focus on prudent tenant selection and retention is expected to support stable income growth, while sustained balance sheet resilience is an ongoing priority.]]></description>
            <author>Lumkile Nkomfe </author>
            <category>PROPERTY</category>
            <pubDate>Wed, 13 May 2026 14:48:00 +0200</pubDate>
        <a_id>721185</a_id>
        <updated>1778677513</updated>
        <published>1778676480</published>
        <expires>99999999999</expires>
        <editor>Chanel de Bruyn</editor>
        <has_video>0</has_video>
        <has_audio>0</has_audio>
        <image_url>https://cisp.cachefly.net/assets/articles/images/resized/0001271548_resized_dipulapropertiesceoizakpetersen.jpeg</image_url>
        <image_title>Dipula Properties CEO Izak Petersen</image_title>
        <image_width>511</image_width>
        <image_height>287</image_height>
        </item>
        <item>
            <title>Octodec lifts first-half revenue, distributable income</title>
            <link>https://www.engineeringnews.co.za/article/octodec-lifts-first-half-revenue-distributable-income-2026-05-12</link>
            <description><![CDATA[JSE-listed Real Estate Investment Trust (Reit) Octodec Investments has increased its revenue by 2.1% year-on-year to R1.08-billion for the six months ended February 28, while its distributable income a share rose by 11.1% year-on-year to 92.6c a share. The group has also increased its dividend by 4% to 64.5c a share, supported by strong rental collections of 98.5% and an improvement in core vacancies to 13.1% from 13.7% previously.]]></description>
            <author>Lumkile Nkomfe </author>
            <category>PROPERTY</category>
            <pubDate>Tue, 12 May 2026 15:58:00 +0200</pubDate>
        <a_id>721107</a_id>
        <updated>1778595027</updated>
        <published>1778594280</published>
        <expires>99999999999</expires>
        <editor>Chanel de Bruyn</editor>
        <has_video>0</has_video>
        <has_audio>0</has_audio>
        <image_url>https://cisp.cachefly.net/assets/articles/images/resized/0001271271_resized_jeffreywapnicknew.jpeg</image_url>
        <image_title>Octodec Investments CEO Jeffrey Wapnick</image_title>
        <image_width>511</image_width>
        <image_height>287</image_height>
        </item>
        <item>
            <title>Redefine lifts full-year guidance after increasing first-half distributable income by 7.4%</title>
            <link>https://www.engineeringnews.co.za/article/redefine-lifts-full-year-guidance-after-increasing-first-half-distributable-income-by-74-2026-05-11</link>
            <description><![CDATA[JSE-listed real estate investment trust Redefine Properties reported a 7.4% year-on-year increase in distributable income for the six months ended February 28. This prompted it to increase the guidance for distributable income growth for the full 2026 financial year to end August 31 to between 6% and 7%, compared with the 5% to 6% previously guided.]]></description>
            <author>Schalk Burger</author>
            <category>FINANCIAL RESULTS</category>
            <pubDate>Mon, 11 May 2026 16:41:00 +0200</pubDate>
        <a_id>721015</a_id>
        <updated>1778511441</updated>
        <published>1778510460</published>
        <expires>99999999999</expires>
        <editor>Chanel de Bruyn</editor>
        <has_video>0</has_video>
        <has_audio>0</has_audio>
        <image_url>https://cisp.cachefly.net/assets/articles/images/resized/0001270993_resized_propertyredefinepropertiesceoandrewkonig0520161022.jpg</image_url>
        <image_title>Redefine CEO Andrew König</image_title>
        <image_width>511</image_width>
        <image_height>287</image_height>
        </item>
        <item>
            <title>Balwin reports higher revenue as sales momentum delivers meaningful recovery</title>
            <link>https://www.engineeringnews.co.za/article/balwin-reports-higher-revenue-as-sales-momentum-delivers-meaningful-recovery-2026-05-11</link>
            <description><![CDATA[JSE-listed Balwin Properties has reported a 21% year-on-year increase in revenue to R2.7-billion for the year ended February 28, supported by a rise in apartment sales, a stronger forward sales pipeline and continued growth in its annuity businesses. Profit for the year increased by 9% to R254.5-million, while recurring profit after tax rose by 36% on a like-for-like basis.]]></description>
            <author>Lumkile Nkomfe </author>
            <category>PROPERTY</category>
            <pubDate>Mon, 11 May 2026 15:44:00 +0200</pubDate>
        <a_id>721008</a_id>
        <updated>1778508751</updated>
        <published>1778507040</published>
        <expires>99999999999</expires>
        <editor>Chanel de Bruyn</editor>
        <has_video>0</has_video>
        <has_audio>0</has_audio>
        <image_url>https://cisp.cachefly.net/assets/articles/images/resized/0001270958_resized_stevebrookesheadshoulderscopy1022.jpg</image_url>
        <image_title>Balwin Properties CE Steve Brookes</image_title>
        <image_width>511</image_width>
        <image_height>287</image_height>
        </item>
        <item>
            <title>Tau to designate new Limpopo SEZ following Cabinet approval</title>
            <link>https://www.engineeringnews.co.za/article/tau-to-designate-new-limpopo-sez-following-cabinet-approval-2026-05-08</link>
            <description><![CDATA[Trade, Industry and Competition Minister Parks Tau reported on Friday that he would designate the Fetakgomo Tubatse Special Economic Zone (FTSEZ), in Limpopo, following Cabinet’s approval of the zone earlier in the week. Located in the Sekhukhune district, FTSEZ covers a total of 1 000 ha, and Tau said in that statement that it would serve as an industrial hub for investments in the mineral beneficiation, energy, agriculture, and automotive sectors.]]></description>
            <author>Terence Creamer</author>
            <category>INDUSTRIAL ZONE</category>
            <pubDate>Fri, 08 May 2026 16:28:00 +0200</pubDate>
        <a_id>720906</a_id>
        <updated>1778251098</updated>
        <published>1778250480</published>
        <expires>99999999999</expires>
        <editor>Creamer Media Reporter  </editor>
        <has_video>0</has_video>
        <has_audio>0</has_audio>
        <image_url>https://cisp.cachefly.net/assets/articles/images/resized/0001270785_resized_parkstau08251022.jpeg</image_url>
        <image_title>Trade, Industry and Competition Minister Parks Tau</image_title>
        <image_width>511</image_width>
        <image_height>287</image_height>
        </item>
        <item>
            <title>First city-approved affordable rental flats under construction in Cape Town</title>
            <link>https://www.engineeringnews.co.za/article/first-city-approved-affordable-rental-flats-under-construction-in-cape-town-2026-05-01</link>
            <description><![CDATA[Sithembele Sidzumo and his team from Kaya Properties have officially broken ground on the Ubuntu Terrace 1 project in Delft, Cape Town. The development is the first TUHF-funded project to receive affordable rental flats (ARF) approval in the Western Cape capital, where the city has been engaging with micro-developers and property owners to work together to meet the demand for affordable rental housing.]]></description>
            <author>Irma Venter</author>
            <category>HOUSING</category>
            <pubDate>Fri, 01 May 2026 00:00:00 +0200</pubDate>
        <a_id>719733</a_id>
        <updated>1777014083</updated>
        <published>1777586400</published>
        <expires>99999999999</expires>
        <editor>Martin Zhuwakinyu</editor>
        <has_video>0</has_video>
        <has_audio>0</has_audio>
        </item>
        <item>
            <title>PPC rehabilitates duo-cell silo at Hercules plant</title>
            <link>https://www.engineeringnews.co.za/article/ppc-rehabilitates-duo-cell-silo-at-hercules-plant-2026-04-28</link>
            <description><![CDATA[JSE-listed construction materials company PPC has completed the R26-million major structural rehabilitation of one of the reinforced concrete duo-cell silos at its Hercules plant, in Tshwane, Gauteng. The project restored the structural integrity and long-term performance of a critical cement storage facility. The plant remained fully operational throughout the construction period.]]></description>
            <author>Schalk Burger</author>
            <category>CONCRETE REPAIRS</category>
            <pubDate>Tue, 28 Apr 2026 11:00:00 +0200</pubDate>
        <a_id>720150</a_id>
        <updated>1777367136</updated>
        <published>1777366800</published>
        <expires>99999999999</expires>
        <editor>Chanel de Bruyn</editor>
        <has_video>0</has_video>
        <has_audio>0</has_audio>
        <image_url>https://cisp.cachefly.net/assets/articles/images/resized/0001268479_resized_ppcherculesreinforcedconcreteduocellsilorepairs21022.jpg</image_url>
        <image_title>One of the reinforced concrete duo-cell silos under repair at the PPC Hercules plant</image_title>
        <image_width>511</image_width>
        <image_height>287</image_height>
        </item>
        <item>
            <title>Cape Town mayoral committee greenlights long-delayed precinct development at Bellville ...</title>
            <link>https://www.engineeringnews.co.za/article/cape-town-mayoral-committee-greenlights-long-delayed-precinct-development-at-bellville-athletics-track-2026-04-22</link>
            <description><![CDATA[The City of Cape Town’s (CoCT’s) mayoral committee has greenlit the long-delayed private sector upgrade to the Bellville Athletics Track by the successful bidder in the tender issued in 2009 for the development of the precinct – Devmet Property Developments. The existing cycling track – the velodrome – will not be retained as part of the redevelopment, and will be upgraded into a concert and events space.]]></description>
            <author>Irma Venter</author>
            <category>PROPERTY DEVELOPMENT</category>
            <pubDate>Wed, 22 Apr 2026 15:16:00 +0200</pubDate>
        <a_id>719919</a_id>
        <updated>1776866288</updated>
        <published>1776863760</published>
        <expires>99999999999</expires>
        <editor>Creamer Media Reporter  </editor>
        <has_video>0</has_video>
        <has_audio>0</has_audio>
        <image_url>https://cisp.cachefly.net/assets/articles/images/resized/0001267703_resized_untitled1.jpeg</image_url>
        <image_title>Impressions of the proposed development at the precinct</image_title>
        <image_width>511</image_width>
        <image_height>287</image_height>
        </item>
        <item>
            <title>The Capital Hotel Group opens new R270m hotel in Gqeberha</title>
            <link>https://www.engineeringnews.co.za/article/the-capital-hotel-group-opens-new-r270m-hotel-in-gqeberha-2026-04-21</link>
            <description><![CDATA[The Capital Boardwalk, Gqeberha’s new aparthotel, conferencing venue and entertainment complex, will open its doors to guests on May 1. The R270-million development includes an in-house restaurant, and 145 hotel rooms and apartments, with access to The Boardwalk casino, the beachfront and shopping centre.]]></description>
            <author>Irma Venter</author>
            <category>PROPERTY DEVELOPMENT</category>
            <pubDate>Tue, 21 Apr 2026 15:14:00 +0200</pubDate>
        <a_id>719820</a_id>
        <updated>1776777421</updated>
        <published>1776777240</published>
        <expires>99999999999</expires>
        <editor>Creamer Media Reporter  </editor>
        <has_video>0</has_video>
        <has_audio>0</has_audio>
        <image_url>https://cisp.cachefly.net/assets/articles/images/resized/0001267305_resized_untitled.jpeg</image_url>
        <image_title>Inside The Capital Boardwalk</image_title>
        <image_width>511</image_width>
        <image_height>287</image_height>
        </item>
        <item>
            <title>Cape Town launches R300m project to revamp Strandfontein Pavilion</title>
            <link>https://www.engineeringnews.co.za/article/cape-town-launches-r300m-project-to-revamp-strandfontein-pavilion-2026-04-17</link>
            <description><![CDATA[Cape Town Mayor Geordin Hill-Lewis has launched the city’s multiyear, R300-million redevelopment of Strandfontein Pavilion on the False Bay coast. The recreational site, originally constructed in the 1980s, is built around what city officials say is the southern hemisphere’s largest tidal pool.]]></description>
            <author>Irma Venter</author>
            <category>PROPERTY</category>
            <pubDate>Fri, 17 Apr 2026 00:00:00 +0200</pubDate>
        <a_id>718761</a_id>
        <updated>1775813837</updated>
        <published>1776376800</published>
        <expires>99999999999</expires>
        <editor>Martin Zhuwakinyu</editor>
        <has_video>0</has_video>
        <has_audio>0</has_audio>
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        <item>
            <title>Master Builders North calls for urgent action to improve construction industry oversight</title>
            <link>https://www.engineeringnews.co.za/article/master-builders-north-calls-for-urgent-action-to-improve-construction-industry-oversight-2026-04-17</link>
            <description><![CDATA[Following a number of fatal construction site accidents in the past 20 months, Master Builders Association (MBA) North has called for urgent measures to improve oversight and accountability in the construction sector. The incidents include the George building collapse in which 34 people died in May 2024; the death of two people in a structural collapse in Phoenix, KwaZulu-Natal, in March 2025; the collapse of a temple under construction in Verulam, KwaZulu-Natal, that left five people dead and several injured in December last year; and last month’s building collapse in Ormonde, Gauteng, in which nine people died and three were injured.]]></description>
            <author>Irma Venter</author>
            <category>CONSTRUCTION</category>
            <pubDate>Fri, 17 Apr 2026 00:00:00 +0200</pubDate>
        <a_id>718762</a_id>
        <updated>1775813838</updated>
        <published>1776376800</published>
        <expires>99999999999</expires>
        <editor>Martin Zhuwakinyu</editor>
        <has_video>0</has_video>
        <has_audio>0</has_audio>
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        <item>
            <title>Growthpoint launches R135m Phase 2 of logistics redevelopment in Cape Town</title>
            <link>https://www.engineeringnews.co.za/article/growthpoint-launches-r135m-phase-2-of-logistics-redevelopment-in-cape-town-2026-04-16</link>
            <description><![CDATA[Growthpoint Properties has started the next phase of the redevelopment of 7 Chain Avenue, in Montague Gardens, Cape Town, following the delivery of Phase 1 at the brownfield site, which was completed in the first quarter of 2024. This initial phase saw the partial redevelopment of the underutilised, outdated specification buildings into 6 843 m² of subdivisible A-grade warehousing and logistics space.]]></description>
            <author>Irma Venter</author>
            <category>PROPERTY DEVELOPMENT</category>
            <pubDate>Thu, 16 Apr 2026 15:04:00 +0200</pubDate>
        <a_id>719497</a_id>
        <updated>1776348176</updated>
        <published>1776344640</published>
        <expires>99999999999</expires>
        <editor>Creamer Media Reporter  </editor>
        <has_video>0</has_video>
        <has_audio>0</has_audio>
        <image_url>https://cisp.cachefly.net/assets/articles/images/resized/0001266403_resized_wouterdevosgrowthpointregionalheadwesterncape1022.jpeg</image_url>
        <image_title>Wouter de Vos</image_title>
        <image_width>511</image_width>
        <image_height>287</image_height>
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        <item>
            <title>Emira makes offer for a further 14.73% of Octodec’s shares</title>
            <link>https://www.engineeringnews.co.za/article/emira-makes-offer-for-a-further-1473-of-octodecs-shares-2026-04-14</link>
            <description><![CDATA[JSE-listed real estate investment trust (Reit) Emira Property Fund has made a voluntary offer to shareholders of fellow listed Reit Octodec Investments to increase its shareholding in Octodec to 34.9%. The company has successfully acquired of 20.17% of Octodec’s ordinary shares through a series of off-market transactions.]]></description>
            <author>Schalk Burger</author>
            <category>FINANCES</category>
            <pubDate>Tue, 14 Apr 2026 16:46:00 +0200</pubDate>
        <a_id>719304</a_id>
        <updated>1776178955</updated>
        <published>1776177960</published>
        <expires>99999999999</expires>
        <editor>Chanel de Bruyn</editor>
        <has_video>0</has_video>
        <has_audio>0</has_audio>
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        <item>
            <title>Next phase of Golden Acre redevelopment under way</title>
            <link>https://www.engineeringnews.co.za/article/next-phase-of-golden-acre-redevelopment-under-way-2026-04-14</link>
            <description><![CDATA[Construction has formally started on the retail component of the Golden Acre precinct redevelopment in Cape Town. Following the successful start of the residential conversion late last year, this next phase marks a critical step in transforming one of Cape Town’s vital commuter hubs into a modern, 18-hour mixed-use environment.]]></description>
            <author>Lumkile Nkomfe </author>
            <category>RETAIL</category>
            <pubDate>Tue, 14 Apr 2026 12:23:00 +0200</pubDate>
        <a_id>719261</a_id>
        <updated>1776164234</updated>
        <published>1776162180</published>
        <expires>99999999999</expires>
        <editor>Chanel de Bruyn</editor>
        <has_video>0</has_video>
        <has_audio>0</has_audio>
        <image_url>https://cisp.cachefly.net/assets/articles/images/resized/0001265673_resized_goldacreretailrender04261022.jpeg</image_url>
        <image_title>Rendering of the Golden Acre precinct redevelopment</image_title>
        <image_width>511</image_width>
        <image_height>287</image_height>
        </item>
        <item>
            <title>Property groups unveil new R750m conference centre, hotel in Waterfall City</title>
            <link>https://www.engineeringnews.co.za/article/property-groups-unveil-new-r750m-conference-centre-hotel-in-waterfall-city-2026-04-13</link>
            <description><![CDATA[JSE-listed real estate investment trust Attacq Waterfall Investment Company and Rabie Property Group have announced a R750-million investment to develop the new Waterfall City Conference Centre and Hotel in Midrand, Gauteng. “Century City has shown what is possible when conferencing and hospitality form part of a carefully planned mixed-use precinct. It becomes an economic engine for the node, not just a venue.]]></description>
            <author>Sabrina Jardim</author>
            <category>PROPERTY</category>
            <pubDate>Mon, 13 Apr 2026 12:15:00 +0200</pubDate>
        <a_id>719123</a_id>
        <updated>1776078564</updated>
        <published>1776075300</published>
        <expires>99999999999</expires>
        <editor>Chanel de Bruyn</editor>
        <has_video>0</has_video>
        <has_audio>0</has_audio>
        <image_url>https://cisp.cachefly.net/assets/articles/images/resized/0001265325_resized_waterfall1enapril261022.jpeg</image_url>
        <image_title></image_title>
        <image_width>511</image_width>
        <image_height>287</image_height>
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            <title>Hyprop raises R580m in bond auction</title>
            <link>https://www.engineeringnews.co.za/article/hyprop-raises-r580m-in-bond-auction-2026-04-10</link>
            <description><![CDATA[JSE- and A2X-listed retail-focused real estate investment trust Hyprop Investments has raised R580-million from a bond auction, which forms part of Hyprop’s broader funding strategy to diversify and optimise its capital base and structure. The company employs a staggered approach that balances its short- and long-term debt maturities to mitigate refinancing risks and supports its long-term growth plans.]]></description>
            <author>Schalk Burger</author>
            <category>PROPERTY</category>
            <pubDate>Fri, 10 Apr 2026 14:03:00 +0200</pubDate>
        <a_id>719051</a_id>
        <updated>1775827434</updated>
        <published>1775822580</published>
        <expires>99999999999</expires>
        <editor>Chanel de Bruyn</editor>
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