Simply put, mixed-use developments bring together residential, commercial, retail and recreational facilities. With all aspects of one’s life in proximity, mixed-use developments become walkable 15-minute neighbourhoods, with everything one might need from schools to medical facilities and grocers – all within a 15-minute radius.
Recent sales at 1,300-hectare Renishaw Coastal Precinct have set off a chain reaction of development that will benefit local businesses, surrounding communities and outside investors, further igniting the economic reawakening of the KZN Mid-South Coast. On the morning of Wednesday, 7 August 2024, stakeholders gathered at the Scottburgh-based site to celebrate these milestone developments and showcase how they will drive community growth and unity.
Growthpoint Properties (JSE: GRT), the country’s largest real estate investment trust (REIT), is introducing a green energy benefit scheme called e-CO2 at 10 of its properties in Sandton, Johannesburg. This is the next step in the rollout of its innovative renewable energy transition, a first for South Africa.
The dust on the national elections has finally settled with the newly formed government of national unity described as a ‘market-friendly outcome’ by Business Day. This is good news for those who have been holding off on property investments as real estate interest picks up, particularly in secure estates.
Making news in the valuation sector, Rode & Associates Property Consultants and Valuers have sold the firm’s name, brand and intellectual property to The Valuator Advisory (TVA), renowned for its expertise in the field. This acquisition allows for an expanded service offering to a much broader client base, backed by TVA's proven track record.
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