The 25-basis point rate reduction signals another milestone for the residential property sector, decreasing the repo and prime lending rates to 7.25% and 10.75%, respectively, and representing the fourth rate cut since September 2024.
Dariel Software’s Carla de Abreu champions people-led tech partnerships for tailored software solutions. In today’s complex business landscape, consulting providers like Dariel deliver cost-effective, agile innovation while boosting productivity. Their human-centric approach ensures smarter collaboration, faster results, and long-term value—helping clients stay competitive and focused on core business growth.
Growthpoint’s Thrive Student Living unveiled a powerful mural by Thobile Mavuso at Arteria Parktown, a 500-bed student residence in Johannesburg. The artwork, titled Ukuzilanda Ukuzilandela Nokuzelapha, celebrates cultural identity and healing. This initiative highlights Thrive’s commitment to student wellbeing through art, sustainability, and holistic campus living.
Two vacant erven on Cape Town’s exclusive Nettleton Road in Clifton have sold for R170 million. The buyer plans a trophy residence with panoramic Atlantic Seaboard views. Clifton’s median sales price rose 29.5% year-on-year, underscoring its status as South Africa’s most coveted luxury property destination.
The Attacq Foundation is proud to announce the launch of its latest initiative, “Building Brilliance, Block by Block” a classroom renovation campaign that aims to transform learning conditions for over 400 learners at Phuthumani Primary School in Thembisa.
Despite perceptions that first-time buyers prefer sectional title homes, most still purchase freehold properties, with 66% doing so in 2024, down only slightly from 70% in 2014, according to ooba Home Loans. However, sectional title units now dominate first-time buyer investment purchases. The average age of first-time buyers is rising, with more buying alone or with non-spouse partners, reflecting changing demographics and delayed marriage or parenthood trends.
Majeka House in Stellenbosch, a luxury boutique hotel with 21 designer rooms, lush gardens, and a spa, headlines High Street Auction Co’s upcoming dual-venue auction in Johannesburg and Cape Town. This event features 43 properties, including prime commercial and luxury assets, reflecting strong tourism and real estate growth in the Western Cape. High Street’s innovative approach aims to unlock value for municipalities and investors, setting new standards for property auctions in South Africa.
Liberty Two Degrees (L2D) is transforming Sandton City’s rooftop as part of its master plan to create vibrant, community-focused lifestyle destinations. The redevelopment introduces amenities like Net Set Padel, featuring indoor and outdoor courts, and aims to offer recreation, entertainment, and convenience-led spaces. This initiative aligns with L2D’s strategy to adapt to evolving consumer needs, ensuring Sandton City remains a leading retail and lifestyle hub in Africa’s richest square mile.
Devmark Property Group has launched Phase 2 of De Zwartland Manor, a premier retirement development in Malmesbury’s 11-hectare De Zwartland Werf precinct. The project offers 69 luxury one- and two-bedroom apartments with panoramic views and high-quality finishes, designed for retirees. Residents enjoy integrated healthcare via the adjacent Crestcare Private Hospital, plus access to a retail centre and amenities. Malmesbury’s upgraded infrastructure enhances its appeal as a prime retirement destination.
Growthpoint Properties has completed Phase 2 of the Arterial Industrial Estate in Cape Town, adding 21,831 m² of modern warehouse space and marking a R400 million investment. This expansion aligns with Growthpoint’s strategy to increase its logistics and industrial portfolio, which now comprises 20% of its South African assets. Located in Blackheath, with prime transport access, the estate boasts high occupancy, strong tenant demand, sustainability features, and a four-star Green Star rating, reinforcing Growthpoint’s focus on quality, future-ready logistics assets.
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