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Top propertywheel.co.za News

"Hurry up and Sell It to Me!" Bidders' Drama as Smaller Capitals Fire up Auctions
Australia · Australia

"Hurry up and Sell It to Me!" Bidders' Drama as Smaller Capitals Fire up Auctions

80% Left coverage: 5 sources
Strong auction clearance rates defy Australian winterSee the Story
Residential Property Market’s Recovery Driven by Sustained Decline in New Housing Stock – Property Wheel

Residential Property Market’s Recovery Driven by Sustained Decline in New Housing Stock – Property Wheel

100% Center coverage: 1 sources
Residential house price growth accelerated in May 2025, primarily driven by the middle-to-upper priced segments while growth in the lower-priced segments was stable. According to FNB Economist, Siphamandla Mkhwanazi, the market’s recovery can be primarily attributed to supply contraction – the sustained decline in new housing stock, in alignment with weak sentiment and economic conditions. Year-to-date, the volume of newly completed homes is dow…See the Story
PRII Announce Applications Open For Diversity Bursary
South Africa · South Africa

PRII Announce Applications Open For Diversity Bursary

Open the article to view the coverage from Business PlusSee the Story

Applications open: Property Point’s 2025 Enterprise Development Programme – Property Wheel

Applications for Property Point’s 2025 Enterprise Development Programme are open. Open until the 1st of August 2025, the programme focuses on driving economic transformation, job creation, and SME growth by calling on 100 high-potential small businesses in Gauteng and the Western Cape. Since its launch in 2008, it has supported over 524 black- and women-owned small businesses, having boasted a 76% programme graduation rate with the creation of o…Gauteng · GautengRead Article

SAPOA: Q2 2025’s office vacancy rate the lowest since late 2020 – Property Wheel

South Africa’s office vacancy rate improved to 13.3% during Q2 2025 – the lowest level since Q4 2020 according to SAPOA’s Office Vacancy Survey. Of the 54 nodes surveyed, the vacancy rate improved in 30 and deteriorated in 17 while the remaining nodes recorded no change when compared to the previous quarter. For more detailed information on SA’s current office vacancies, download a free copy of the latest report here (free to SAPOA members only)…South Africa · South AfricaRead Article

Medium-sized construction firms drove growth in Q1 2025, smaller enterprises left behind – Property Wheel

Medium-sized construction firms drove sector growth in Q1 2025, recording an 85% year-on-year increase in turnover while smaller enterprises experienced a dismal quarter with construction turnover down 48%. In May 2025, civil tender values reached R7.3 billion – the best figure in six months but the broader tender pipeline remains weak particularly in roads and water infrastructure. While provinces like Gauteng and the Western Cape recorded stro…Johannesburg · JohannesburgRead Article

Standard Bank joins SAMRRA – Property Wheel

Standard Bank has joined the South African Multifamily Residential Rental Association (SAMRRA) as its first member from the banking sector. “The active participation of a leading commercial bank in the sector’s leading representative body signals a shift in how capital markets view the multifamily opportunity,” says SAMRRA CEO and CEO of Transcend Residential Property Fund, Myles Kritzinger.“It’s a strong endorsement of the asset class and of th…South Africa · South AfricaRead Article

Reside Summit 2025 Returns to Johannesburg - Catchwords

The countdown has begun for the highly anticipated Reside Summit, set to take place on 9 and 10 July 2025 at the Sandton Convention Centre, Johannesburg. Read more...Johannesburg · JohannesburgSee the Story

Hyprop reports y/y growth in tenant turnover and trading density – Property Wheel

Hyprop Investments has published its operational update for the five months ended 31st of May 2025, reporting year-on-year growth in tenant turnover and trading density of 7% and 10.2% respectively. The REIT’s retail portfolio performed better in April and May 2025 due to the public holidays with foot count having increased by 0.1% while collections were 9.4% higher. As at the 31st of May 2025, Hyprop’s retail vacancies were 3.9% primarily due t…Cape Town · Cape TownRead Article

Property brokers point to a ‘stutter’ in commercial sales activity levels in Q2 2025 – Property Wheel

Combined results from the Q2 2025 FNB Property Broker Survey regarding business confidence and sales activity have pointed to a broad perception of the investor market environment having weakened when compared to Q1 2025. All three major commercial property markets i.e., retail, office, and industrial, saw a decline in sales activity ratings when compared to Q1 2025, while industrial property sales activity remained perceived to be the strongest…South Africa · South AfricaRead Article

Above-average rainfall severely impacted the construction industry in Q1 2025 – Property Wheel

Findings in the Afrimat Construction Index (ACI) for Q1 2025 are an accurate reflection of the government’s lack of willingness to spend on economic assets, says Dr Roelof Botha, compiler of the index. “It should be a point of concern for South African policymakers. Following a sharp drop during the pandemic, the ACI recovered swiftly to within a whisker of its pre-Covid-19 level, but the recovery was them stymied by a combination of inadequate …Johannesburg · JohannesburgRead Article

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