Property Wheel

The iconic 5 753m2 Colosseum Hotel, Conference & Retail Centre in Pretoria is going on auction via Broll Auctions and Sales on 21st November: https://bit.ly/4fAuJ0O Offering vast redevelopment potential for student accommodation, commercial enterprises, or mixed-use redevelopment, the 58-room four-star hotel features lower-ground conference spaces, upper ground floor hotel rooms, a rooftop entertainment area and secure parking (42 bays). For more information contact Timothy Counsell on +71 247 2338, Matthew Counsell on +27 74 618 2222 or Clint Hastings on +2783 306 6404. #realestateauction #sponsoredcontent #hotel #hospitality #broll #auction #propertyauction #commercialrealestate #investmentopportunity #ROI #investment #studentaccommodation #mixedusedevelopment #propertydevelopment #realestateinvestment #propertyowners #landlords #assetmanagement #investmentopportunity #realestateinvesting #brollauctions #realestateinvestor

Cape Town's urban footprint increased by 3 608ha between 2012 and 2023, equating to an area the size of 17 x Century City developments, according to the municipality's second iteration of its Spatial Trends and Implementation Tracking Report. Between 2012 and 2022, commercial land use increased by 13m sqm, from 40m sqm in 2012 to 53m sqm in 2022, largely occurring in existing industrial and business areas: https://bit.ly/4ekEqzA #realestatenews #capetownproperty #spatialplanning #urbanisation #realestatemarket #infrastructure #realestateinvestment #propertynews #propertydevelopment #builtenvironment #commercialrealestate #ratepayers #propertyowners #construction #residentialrealestate #spatialdesign #townplanning #spatialtrends

SA’s 257 municipalities incurred R62bn (26% of total public sector capex) during 2023 with the City of Cape Town accounting for R7bn – mainly water and sewerage infrastructure networks, according to Statistics South Africa. Other large contributing municipalities included the City of Johannesburg, eThekwini, Ekurhuleni, City of Tshwane, Nelson Mandela Bay and Buffalo City. In contrast to other institution types, municipalities recorded a decline between 2021 and 2022. #municipalities #infrastructure #capex #propertydevelopment #government #ratepayers #propertyowners #landlords #realestateinvestment #realestateinvestor

🔥 It’s GO Time! Phase 2 Sales are LIVE! 🔥 The doors are open, and Monarch Apartments are up for grabs! Ready to live in style with unmatched views and modern finishes? Don’t miss your chance to call Tyger Valley’s hottest new address home! ⏳ Act Fast – these units are selling quickly! Secure your dream apartment NOW before it’s gone! #MonarchApartments #Phase2Live #GrabYourSpot #TygerValley #LuxuryLiving

𝗝𝗢𝗕 𝗩𝗔𝗖𝗔𝗡𝗖𝗬: 𝗙𝗔𝗖𝗜𝗟𝗜𝗧𝗜𝗘𝗦 𝗠𝗔𝗡𝗔𝗚𝗘𝗥 (𝗥𝗘𝗙 #: 𝟳𝟯𝟵𝟱𝟭) A leader in the microfinance/insurance industry is looking to appoint an experienced Facilities Manager in Rivonia, Joburg: https://bit.ly/3wOGCzc The ideal candidate will possess a Matric, a relevant technical/business degree/national diploma (or equivalent) alongside a trade certification in electrical work. Additionally, a minimum of five years’ experience in a similar role coupled with strong skills in SHEQ (Safety, Health, Environment, and Quality), maintenance and security are required. A Facilities Management certification would be a plus. A driver’s license is essential. #facilitiesmanagement #nowhiring #jobvacancy #facilitiesmanager #macdonaldandcompany #jobopportunity #hiring #careerdevelopment #joburgjobs #jobseekers #commercialrealestate #recruiting #recruitment #assetmanagement #realestateinvestment #fmjobs

𝗪𝗢𝗠𝗘𝗡 𝗜𝗡 𝗥𝗘𝗔𝗟 𝗘𝗦𝗧𝗔𝗧𝗘: 𝗛𝗜𝗥𝗘 𝗠𝗘! Asive Nohashe is a BSc Urban and Regional Planning graduate from Wits who is looking for a graduate program or a full-time work opportunity. She is passionate about storytelling and creativity, driven by the isiXhosa proverb ‘Intaka yakha ngoboya benye’ which highlights the true value of collaboration. As a young urban planner, her goal is to contribute to the development of responsive urban spaces that empower both creatives and communities, ensuring that spaces are designed with its users in mind. She is eager to be a part of projects that prioritise innovation, sustainable development, and community engagement. Contact: sive.nohashe@gmail.com / 066 267 9748. #urbanplanning #womeninrealestate #blackprofessionals #hireme #internship #womeninproperty #womeninproperty #universitygraduate #graduateprogram #youngprofessionals #jobseekers #intern #universitystudents #womeninconstruction #urbanplanners #construction #propertydevelopment #builtenvironment #constructionindustry

The DNA of Provincial Economies: Gauteng is SA’s economic powerhouse, according to Statistics South Africa. In 2023, finance, real estate, and business services were the largest industry(s) in the province, accounting for 27% of provincial GDP. Manufacturing was the second largest industry in Gauteng (16%). Finance, real estate, and business services were the biggest driver of economic activity in the Western Cape and Free State. #realestatemarket #industryinsights #realestateinvestment #landlords #propertydevelopment #joburgproperty #propertyowners #assetmanagement #realestatenews #capetownproperty #propertynews

The Foschini Group (TFG) has reported a 2.5% increase in its gross profit to a record R12.8bn with Group online sales increasing 9.9% to R2.8bn. Sales on its Bash platform grew by 47.9%, now contributing 5.6% to sales. At the end of October, TFG acquired White Stuff through its UK subsidiary, a fashion/lifestyle retailer, for £51.7m: https://bit.ly/3YVDeOv #retail #onlineretail #realestatenews #landlords #propertyowners #retailnews #shoppingcentres #commercialrealestate #investorrelations #realestateinvestment #shareholders #businessnews #propertynews

This Week in Property: ▪️ Redefine Properties’ FY2024 results signals a pivotal turning point in the industry. ▪️ L2D’s Liberty Midlands Mall in Pietermaritzburg achieves a Net Zero – Level 2 operational waste certification – the first in the province (pictured). ▪️ SA’s construction projects and delays on the rise (Industry Insight). ▪️ Collins Property Group Ltd to grow offshore exposure with disposals. ▪️ Sectional title in estates have sustained investor interest over the past 16 years (Lightstone Pty Ltd). ▪️ Exemplar REITail takes ownership of Eerste Rivier Mall in the Western Cape. ▪️ There are residential property development opportunities in Brackenfell, says Pam Golding Properties. ▪️ Congrats to the class of 2024 of SAPOA (South African Property Owners Association)’s flagship Property Development Programme! ▪️ Job vacancies: Regional Maintenance Manager, Asset Management Analyst, Credit Risk Analyst - Commercial Property Finance, Quantity Surveyor, Portfolio Manager (Commercial Property Finance) (JHB); Retail Asset Manager, Investment Analyst (Listed Real Estate) (CT), Property Accountant (PTA) (Macdonald & Company). Read more here: https://bit.ly/4erpDTA #realestatenews #proptech #propertyowners #landlords #reit #JSE #propertyfund #businessnews #propertydevelopment #listedcompanies #builtenvironment #construction #propertyprofessionals #propertynews #commercialrealestate #assetmanagement #propertypractitioners #realestateinvestment #constructionindustry #realestateinvestor #residentialrealestate #industryinsights #jobvacancies

Cape Town’s Rail Feasibility Study could be served before Council by December 2024 – with further action. The municipality will propose three ownership models to effectively take control of the railway service for it to become fully functional and operational: https://bit.ly/4fDVJwC - City of Cape Town, Geordin Hill-Lewis #capetownproperty #realestatenews #municipality #landlords #cityofcapetown #metrorail #publictransport #infrastructure #ratepayers #propertyowners #realestateinvestment #realestatenews #government #propertynews