Tag: property
Maboneng moves to Ghana
Visionary property developer Jonathan Liebmann – who styles himself a true urbanist – is looking for local partners to take his Maboneng model of mixed use urban development to Accra. The Maboneng Precinct in Joburg is building a new way to live in the inner city.
Cape Town property pulls foreigners
Foreign buying activity in Cape Town's most sought-after suburbs has picked up markedly since the start of the year, predominantly on the back of the weak rand, according to property agency Seeff.
Black luxury property ownership grows
Growth of black owners in South Africa's property market has more than doubled in the last 10 years, with a marked increase in female-only ownership, according to property data provider Lightstone.
UK seniors boost South African property
A small but notable trend is establishing itself in Cape Town, on the KwaZulu-Natal coast, occasionally in Sandton, Johannesburg: British retirees are increasingly looking to South Africa in their golden years. And it's not just about the great climate or scenery.
Foreigners buying SA property again
The number of foreign buyers of South African residential property is once more on the increase, according to FNB Property Barometer figures - this time, with a significant proportion of buyers from Africa.
AECI unveils R1.2bn empowerment deal
South African chemicals, explosives and property group AECI has unveiled a R1.2-billion black economic empowerment deal that will see a 11.5% stake in the company being held by an employee share trust and a community share trust.
‘Promising signs’ for SA property
The arrival of South Africa's World Cup year, along with signs that the country has begun moving out of recession, bode well for SA's property sector, says Seeff Properties chairman Samuel Seeff.
2010 boost for property values
While property owners in the vicinity of South Africa's 2010 Fifa World Cup stadiums are enjoying the rejuvenation of their neighbourhoods, investors who bought in these areas are looking at significant returns.
AmaZulu World to boost tourism
Dubai-based property developer Ruwaad has announced plans to build an international branded theme park in South Africa. The multi-billion-dollar AmaZulu World, located in northern KwaZulu-Natal, will be the largest development of its kind on the African continent.
Dubai eyes KZN property investment
Dubai-based Ruwaad Holdings is conducting a viability study into building an internationally branded entertainment theme park and residential, commercial and retail complex in the Macambini area on the KwaZulu-Natal north coast, at a cost of about US$2.5-billion (R19.6-billion).
