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Top propertywheel.co.za News

Johannesburg is falling apart — and it’s the politicians, not just the potholes, that need fixing
Cyril Ramaphosa · Johannesburg

Johannesburg is falling apart — and it’s the politicians, not just the potholes, that need fixing

67% Center coverage: 3 sources
Joburg’s collapse is no secret. But it won’t be reversed with clever plans or new faces alone. It needs leadership with guts — something the city is still waiting for, writes Yamkeleka Manjeya.See the Story
More than 900 'Problem Buildings' in Cape Town
South Africa · South Africa

More than 900 'Problem Buildings' in Cape Town

100% Right coverage: 1 sources
There are 922 problem buildings listed in Cape Town with 322 of those under active investigation by the city’s law enforcement problem building unit.See the Story
Have Your Say: Athlone Stadium Parking Development Proposal Open for Public Comment
Cape Town · Cape Town

Have Your Say: Athlone Stadium Parking Development Proposal Open for Public Comment

100% Center coverage: 1 sources
The City of Cape Town’s Economic Growth Directorate has announced a significant opportunity for community engagement regarding a proposed mixed-use development on part of the Athlone Stadium’s parking area, Cape {town} Etc reports. This initiative is designed to revitalise the stadium precinct and promote socio-economic growth once the public comment period opens from 6 June to 7 July 2025. Residents, businesses, associations, and potential inve…See the Story

Strained construction sector remains highly reliant on state-driven activity – Property Wheel

The construction sector continues to reflect a division between renewed investment optimism and deep-rooted structural weakness according to Industry Insight.   On the one hand, the civil construction market showed notable growth, with projects awarded exceeding R53 billion during the first four months of 2025, driven by large water and transport contracts and on the other hand, the overall construction pipeline shrank by 17.4% year-on-year by M…Cape Town · Cape TownRead Article

Limpopo’s Groblersdal Mall undergoes revamp – Property Wheel

Groblersdal Mall in Limpopo is undergoing redevelopment, led by co-owners Twin City and Patricio & Sons. The shopping centre opened in 2017. The refurbishment, which began in February 2025, will see the 37 000m2 mall completed by November 2025 with a host of new features including a completely reimagined food court and an enhanced tenant mix and brand identity. A collaborative design JV between Design Partnership and Leon Jacobs Architects, insp…Groblersdal · GroblersdalRead Article

A closer look at commercial property’s long-term performance reveals a multi-year cumulative correction – Property Wheel

A closer look at long-term commercial property performance has revealed a significant multi-year cumulative correction says John Loos, Senior Economist at FNB Commercial Property Finance. South Africa’s economic growth entered a prolonged period of stagnation from around 2012 following the post-Global Financial Crisis peak of 3.2% in 2011. Between 2020 and 2024, the economy averaged just 0.4% annual growth. While the pandemic lockdown disruption…Property · South AfricaRead Article

South Africa’s average residential rental R9 132 in Q1 2025 – Property Wheel

South Africa’s residential rental market began 2025 with its best performance in years according to the latest PayProp Rental Index. Average national rental growth reached 5.6% in Q1 2025, the strongest quarterly increase since Q3 2017 and pushing the average rental to R9 132. Growth peaked in February 2025, which saw a year-on-year increase of 6% – the highest monthly growth recorded since August 2017. The rise came amid a favourable inflation …South Africa · South AfricaRead Article

SAPOA: SA’s shopping centres reported slower, but still positive, trading performances in Q1 2025 – Property Wheel

Institutionally owned shopping centres in SA reported slower, but still positive, trading performances in the year to March 2025 with annualised trading density having grown by 3.5%. For more detailed information on SA’s retail trends during Q1 2025, download a free copy of the latest report here (free to SAPOA members only). How to access SAPOA’s reports: Visit www.sapoa.org.za. Login/register on SAPOA Members Click on ‘Reports’ Click on ‘Free…South Africa · South AfricaRead Article

Fairvest to acquire 5 retail assets, increases stake in Dipula Properties – Property Wheel

Fairvest Limited is acquiring five retail assets in KwaZulu-Natal and the Western Cape for R477.7 million with a blended yield of 9.81%. The Company has concluded agreements to acquire Nquthu Shopping Centre, Ulundi Shopping Centre and Eyethu Junction from Collins Property Group for a total purchase consideration of R208.7 million as well as Shoprite Manguzi for R136 million (subject to conditions precedent). In addition, Fairvest has also enter…KwaZulu-Natal · KwaZulu-NatalRead Article

SA’s REIT sector surpasses R250bn market cap – the first since January 2020 – Property Wheel

South Africa’s REIT sector continued its upward trajectory in May 2025, posting a 4.1% gain – once again outperforming the equity market (3.1%) and bonds (2.7%). This latest increase builds on April 2025’s 6.9% surge, bringing the sector’s year-to-date return to 6.7% – a significant recovery from the slow start in January 2025. While the sector’s performance still trails the broader equity market’s 14% gain, SA REITs have now outpaced the bond m…Paarl · PaarlRead Article

Reside Summit returns with bold focus on PropTech and opportunity – Property Wheel

South Africa’s premier residential property gathering, Reside Summit, is returning in 2025 with a bold focus on PropTech and opportunity. In an industry long perceived to be change resistant, a behind-the-scenes revolution is reshaping the residential landscape – PropTech, which once a marginal convenience, has become a core engine of growth, driving down fixed costs, unlocking new efficiencies and powering innovation across residential property…Property · SandtonRead Article

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