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Top propertywheel.co.za News

Cape Town · Cape Town

Hyprop terminates conditional voluntary bid to MAS shareholders – Property Wheel

Hyprop Investments has terminated its voluntary bid to acquire a controlling stake in MAS P.L.C. In late May 2025, the REIT announced its intention to acquire a controlling stake in MAS through a conditional voluntary bid process allowing MAS shareholders to sell their shares in exchange for Hyprop shares and/or for cash, subject to certain conditions. The voluntary bid would have remained open until Friday, the 25th of July 2025. Hyprop says th…Read Article

Umhlanga · Umhlanga

Oceans Umhlanga mixed-use development launches North Tower residential offering – Property Wheel

The R4.3 billion Oceans Umhlanga mixed-use development is officially launching its North Oceans Umhlanga Residential Tower today, Friday the 25th of July 2025. “This is not just a property launch; it’s a celebration of how far Durban has come, and a reflection of the developers’ (Vivian Reddy and Rob Alexander) tenacity and unwavering perseverance,” says Brian Mpono, CEO of Oceans Umhlanga Development. “The Oceans Umhlanga development has brough…Read Article

South Africa · South Africa

Property Point & IDC launch R26m Real Estate Incubator Programme – Property Wheel

Property Point has launched a R26 million Real Estate Incubator Programme with the support of the Industrial Development Corporation (IDC) to tackle SA’s youth unemployment crisis and transform the country’s real estate sector. Targeting the creation of 699 new jobs in the real estate value chain, the programme will empower young South Africans with the skills, tools, training, and financial support to build sustainable careers as property profe…Read Article

Survey reveals survival economics in an environment of rising living costs and declining disposable income – Property Wheel

South Africa is a financially stretched population, navigating the widening gap between earnings, access to savings, and the increasing cost of living according to short-term lender Wonga’s latest Credit Utilisation Survey. Of the +12 000 respondents, more than two-thirds said they do not have savings. “Each year we survey a substantial database in winter and summer, and the reality is clear; far too many South Africans earn less than R7 500 wit…Environment · South Africa Read Article

Hyprop Implements Voluntary Bid to Acquire Controlling Stake in MAS – Property Wheel

Hyprop Investments Limited has implemented a voluntary bid to acquire a controlling stake in MAS P.L.C. In late May 2025, the REIT announced its intention to acquire a controlling stake in the European property investor through a conditional voluntary bid process allowing MAS shareholders to sell their MAS shares in exchange for Hyprop shares and/or for cash, subject to certain conditions. The share consideration will offer MAS shareholders a 0.…Poland · Poland See the Story

Upward motion and forward momentum: Dipula Properties reveals new brand identity – Property Wheel

Dipula Properties has unveiled a refreshed brand identity including its new name and logo in celebration of its 20 years in the South African property sector. Formerly Dipula Income Fund, the REIT now operates as Dipula Properties – a change that aligns more clearly with the nature of its operations and strategic direction. The updated name directly communicates this shift, building on the company’s transition in 2022 from a dual-share structure…Property · South Africa Read Article

Pretoria’s expanding student population fuels buy-to-let investment demand – Property Wheel

Pretoria has witnessed a 26.7% increase in bond applications over the past year – almost double the growth recorded in the Western Cape, according to BetterBond. Although the Western Cape is still considered the country’s semigration capital, Bradd Bendall, BetterBond’s National Head of Sales, says that Pretoria’s strong upward momentum is, in part, due to a boom in new residential developments, especially in student housing. Pretoria is home to…Pretoria · Pretoria Read Article

Silver Lake Motel and property to be auctioned

From our news services The Silver Lake Motel & Inn and the former Jolly Roger Pub & Marina will be sold at auction at 10 a.m. July 29, in the law offices of George Oliver, 405 Middle Street, New Bern. “This is a great property with lots of potential, and we are excited to be […]Property · Ocracoke See the Story

Calls for bold investment in alternative residential sectors resonates at Reside 2025 – Property Wheel

Leading voices in real estate, policy, and investment issued a strong call for capital to be directed into alternative residential sectors at Reside 2025 – to drive sustainable growth and inclusivity in SA’s urban landscape. Day 2 of Reside 2025 in Johannesburg was marked by a call for established financiers and institutional investors to allocate funding towards real estate developments focusing on multifamily rental housing, retirement living,…Johannesburg · Johannesburg Read Article

The national retail property market is significantly undersupplied say brokers – Property Wheel

Property brokers perceived the national retail property market to be significantly undersupplied during Q2 2025 according to a survey conducted by FNB Commercial Property Finance. The brokers identified the Cape Town property market as the strongest metro region across all three commercial property classes, followed by Nelson Mandela Bay and eThekwini. In contrast, Greater Johannesburg returned the weakest score by a significant margin. The perc…Johannesburg · Johannesburg Read Article

SAMRRA appoints first full-time CEO – Property Wheel

The South African Multifamily Residential Rental Association (SAMRRA) has appointed Palesa Mkhize as its first full-time CEO. Mkhize brings more than 16 years’ experience across banking, infrastructure investment, and housing finance along with a deep commitment to housing as a driver of inclusive economic growth. She joins SAMRRA from Standard Bank’s Investment Banking Division where she was Head of Affordable Housing Development, leading large…South Africa · South Africa Read Article

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