Cape Town, South Africa – 22 May 2025 Spear REIT Limited (SEA:SJ), the Western Cape-focused Real Estate Investment Trust (REIT), has announced its results for the financial year ended 28 February 2025. Amid South Africa’s challenging macroeconomic landscape, Spear has demonstrated resilience, achieving significant milestones in asset value growth, financial and operational performance. FY2025...
The ground was officially broken on Suzuki Auto South Africa’s new head office and distribution centre to be located at the Longlake Logistics Park in the Gauteng Province. Fortress, a real estate company in South Africa and with operations in Central and Eastern Europe, has said that the sod-turning ceremony held this week marked a major milestone in a partnership built on growth, ambition and a...
Cape Town, 28 February 2025 – Spear REIT Limited (JSE:SEA), the Western Cape-focused real estate investment trust has provided an operational and financial update in its FY2025 pre-close presentation for the period ending 28 February 2025. Spear REIT's FY2025 stands out in the sector due to its strategic focus and consistent robust financial metrics. The company reported a 13.58% year-on-year increase...
For commercial property tenants in South Africa, understanding rental escalation is crucial to maintaining a stable business environment and managing expenses effectively. “Knowing how escalations are calculated and what factors influence them can help tenants plan financial strategies and even open the door for negotiations,” says Craig Mott, National Business Development Manager for the Rawson...
Cape Town - Atlantic Seaboard residents have questioned whether yet another supermarket was needed in Sea Point, as plans are afoot for one to take the place of iconic landmark Laughtons Hardware. Quizzical eyebrows were raised after the 104-year-old store, located at 295 Main Road in Sea Point, was shut for a number of days last month. When this was queried with the store via its social media...
Tailored for Legal Professionals: New Cape Town Collective serviced offices offer ideal workspace in the CBD Cape Town, 2 July 2024 – Though legal professionals still require physical office space for work, meetings and client hosting purposes, much has changed in terms of how and when these offices are utilised. With the pandemic accelerating remote and hybrid work, attorneys, advocates and other...
One of the key highlights of Building E is its location within walking distance from the Centurion Gautrain Station. This accessibility is crucial for businesses looking to attract talent from across the region and beyond. Additionally, its direct exposure to the N14 freeway and the passing Gautrain ensures unparalleled visibility, making it a prime spot for businesses aiming to make a statement. ELEVATED...
Despite political uncertainty, Cape Town's office rental market thrives New Cape Town Collective serviced offices launch in CBD Cape Town, 12 June 2024—The political uncertainty surrounding South Africa’s general election has done little to dampen enthusiasm for the City’s booming office rental market. According to findings in the latest Rodes Report from property economists Rode & Associates,...
With the aim of contributing to the upgrading of the Bellville CBD, Brönn Properties, embarked on an ambitious project to refurbish the New Boston Centre, a property with significant potential located at 85 Voortrekker Street, Bellville in Cape Town. This was under the experienced guidance of Alewyn and Gerdus Brönn. The venture, which kicked off several years ago, was made possible with financing...
“Properties in Airport Industria rarely come to market because there aren’t that many to start with, and owners rarely want to part with them because there’s little chance of finding other warehouse space around Cape Town International Airport if they sell,” Dart explains. “Globally, commercial real estate (CRE) in airport zones has become a golden opportunity for investors seeking optimal...
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