Tag: South Africa property

South Africa’s Putprop sells 50% stake in Mamelodi Square for $9 million

Putprop sells 50% Mamelodi Square stake for $9 million, exits township retail asset as it reshapes JSE property portfolio strategy.

Oluwatosin Alao Oluwatosin Alao

Top South African estate ranked among world’s best wellness communities

South Africa’s high-end property market is drawing fresh international attention after Val de Vie Estate in the Western Cape was ranked among the world’s leading wellness communities.  The luxury estate in the Paarl-Franschhoek Valley was named in the Global Wellness Institute’s 2026 Wellness Real Estate Atlas, a report widely followed in the global property and wellness sectors. Val de Vie…

Oluwatosin Alao Oluwatosin Alao

South Africa’s Spear REIT seals $27 million Watergate Centre retail deal

Spear REIT expands its Cape Town retail footprint with a $27 million Watergate Centre deal targeting steady income growth.

Timilehin Adejumobi Timilehin Adejumobi

Waterfall City project: $45 million hotel, conference expansion in Africa

Attacq Waterfall Investment Company and Rabie Property Group have committed $45 million to expand Waterfall City with a new conference centre and hotel, strengthening Johannesburg’s role in Africa’s business tourism and meetings industry. The project adds fresh capacity to a market that has seen rising demand for large corporate gatherings and international conventions.  The development reflects a broader shift in…

Oluwatosin Alao Oluwatosin Alao