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Residential Conversions: A Significant Contributor to Addressing Office Property Oversupply and Market “Right-Sizing”

By John Loos , Senior Property Economist for Commercial Property Finance at FNB 03 July 2025 – Brokers estimate that a notable 19.3% of office property purchases are intended for conversion to residential or mixed-use developments. In Johannesburg, this figure is estimated at a significant 38.1%. The Office Market’s Oversupply Was About More Than Just Covid-19:...
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SYSPRO WELCOMES TWO NEW INDEPENDENT SOFTWARE VENDORS TO ITS PORTFOLIO

Johannesburg, South Africa SYSPRO has announced that it has added two new companies as official SYSPRO Independent Software Vendor (ISV) referral partners for the EMEA region, bringing additional functionality to the SYSPRO ERP platform. Geo Rep, a South African-based provider of field sales management software, and Cranswick, which is focused on the intelligent warehouse space, join...
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City of Joburg warns against illegal RDP home sales amidst title deed handover in Braamfischerville

The City of Johannesburg’s Member of the Mayoral Committee [MMC] for Human Settlements, Cllr Mlungisi Mabaso, has issued a stringent warning against the illegal sale of RDP homes, urging beneficiaries to retain their properties. Speaking during a title deed handover ceremony in Braamfischerville, MMC Mabaso emphasised that such transactions create significant departmental challenges and undermine...
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Yetta Nathan ECD and Community Centre reaches 39% construction milestone

The Johannesburg Development Agency (JDA), on behalf of the City of Johannesburg’s Social Development Department, is making meaningful strides in the construction of the Yetta Nathan Early Childhood Development (ECD) and Community Centre in Orlando West, Soweto. The project has now reached 39% completion, marking a significant milestone in delivering a sustainable, inclusive, and community-driven public facility. Located on November...
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SYSPRO EXPANDS SMART MANUFACTURING CAPABILITIES WITH ACQUISITION OF RITESOFT

Acquisition advances SYSPRO’s mission to deliver integrated, fast-to-value digital manufacturing ERP solutions for global manufacturers and distributors  SYSPRO, a global software provider for the manufacturing and distribution industries, today announced the acquisition of riteSOFT, a U.S.-based provider of mobile warehouse and time tracking and scheduling software for small to mid-sized manufacturers and distributors. The acquisition strengthens SYSPRO’s...
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