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PROPERTY ANALYSIS & TREND REPORTS
Mark Pettipher

Mark Pettipher

  • Joined: 16 July 2025
  • Articles: 304

Growthpoint sharpens portfolio for growth

Norbert Sasse and Estienne de Klerk

Growthpoint’s nine-month update points to a business sharpening its portfolio while maintaining operational resilience. Asset disposals are ahead of target, vacancies have improved across the South African portfolio, and logistics and retail remain key strengths. The V&A Waterfront continues to deliver strong performance, while disciplined capital management, improved funding margins and growing renewable energy investment support unchanged FY26 guidance for distributable income and dividend growth in a tougher market environment.

Levy arrears, AGM reporting and POPIA: How much detail should trustees disclose?

Jennifer Paddocks

At AGM time, trustees must balance financial transparency with owners’ privacy when reporting levy arrears. PMR 26 requires annual financial statements to show arrears by member and period, while POPIA demands minimal disclosure. A practical, POPIA-compliant approach is to report arrears by section or unit number, highlight total debt, cash flow impact and recovery action, and avoid naming owners unless legally necessary at AGMs overall.

Gauteng’s rescue starts beyond its borders

John Loos

John Loos warns that fixing Gauteng and Johannesburg requires looking beyond provincial borders. While Gauteng remains South Africa’s biggest economic engine, its weakening labour absorption and infrastructure pressures are tied to underperforming inland neighbours. Stronger regional economies, smaller cities and surrounding provinces are needed to spread population growth, deepen economic capacity and reduce over-reliance on Gauteng and the Western Cape as dominant growth and employment engines long into the future nationally.

Vukile accelerates growth through retail excellence and European expansion

Vukile results

Vukile Property Fund reported strong FY2026 growth, with funds from operations and dividends per share rising 9.3%. Its portfolio expanded to R63.7 billion across South Africa, Spain, Portugal, and Italy, with 66% located in Europe. Strong retail performance, low vacancies, and strategic acquisitions supported growth. Through Castellana and new Italian investments, Vukile strengthened its European presence while maintaining a robust balance sheet and positive growth outlook.

Growthpoint Properties achieves record-low pricing on R1.8bn oversubscribed bond issuance

Growthpoint

Growthpoint Properties has successfully raised R1.8 billion through a heavily oversubscribed bond auction, attracting more than R6.5 billion in bids and achieving its lowest funding margins to date. The strong investor demand reflects confidence in the REIT’s credit quality, diversified portfolio and long-term strategy. The transaction lowers Growthpoint’s cost of capital, strengthens liquidity and follows recent credit rating affirmations, positioning the company well for future growth and investment opportunities.

Investing in Women-Led contractors is investing in infrastructure resilience

cidb CEO Bongani Dladla

South Africa’s infrastructure future depends on building a stronger, more diverse contractor base, with women-led firms playing a critical role. The cidb argues that sustainable empowerment requires more than access, demanding investment in skills development, technology, mentorship, finance and market opportunities. Through initiatives such as the BUILD Programme and ERWIC Awards, the organisation aims to strengthen capability, accelerate transformation and support women-led contractors in delivering resilient infrastructure and long-term industry growth.

cidb Opens ERWIC Awards Entries with New Academics Category

ERWIC logo

The Construction Industry Development Board has opened entries for the 2026 Empowerment and Recognition of Women in Construction Awards, introducing a new category recognising female academics and researchers in the built environment. The awards aim to advance transformation, innovation and skills development while highlighting women’s contributions to South Africa’s construction sector. With women representing only 10% of the industry workforce, the programme seeks to promote greater inclusion, visibility and leadership opportunities.

Property auction market poised for 50% growth as Galetti records R328m in May sales

Ricardo Da Silva

South Africa’s property auction market is evolving beyond traditional sales platforms, driven by data, targeted marketing and stronger industry engagement. Galetti Corporate Real Estate’s move to a new auction venue in Rosebank reflects this shift, creating a more interactive environment for buyers, sellers and investors. With auction activity gaining momentum and transaction volumes growing, success increasingly depends on market intelligence, strategic positioning and relationships that connect the right opportunities with the right buyers.

Groynes built in St Francis Bay set to benefit both beaches and property values

Groynes

A R150 million coastal restoration project is set to transform St Francis Bay, restoring beaches damaged by decades of erosion while boosting confidence in the local property market. The initiative combines rock groynes with large-scale sand replenishment to stabilise the coastline and enhance tourism, recreation and environmental health. Strong buyer demand, limited housing stock and surging land values are already supporting market activity, with renewed optimism for long-term growth across the region.

ABB and Samsung partner to connect building intelligence with enterprise IoT

Smart things

ABB and Samsung Electronics have expanded their partnership by integrating ABB Ability™ BuildingPro with Samsung SmartThings Pro, creating a connected platform for smarter building management. The solution enables building owners and operators to access real-time data, analytics and controls across lighting, climate, energy and access systems through a unified interface. The collaboration also extends to hospitality environments, helping improve operational efficiency, enhance guest experiences and support sustainability goals through intelligent building technologies.

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