Koeberg, 30km north of Cape Town, is the only nuclear power station in Africa. Nuclear power stations are never free of controversy, and recent problems with one of Koeberg's reactors have led to blackouts and power cuts in th...
A new, 22-suite luxury hotel and conference centre is to be established in Fish Hoek following the acquisition of the landmark Calders Kings building, adjacent to the beach, by Zevenwacht Properties.
Apr 26, 2006: Entries jump for Sapoa awards
Sapoa's Awards for Innovative Excellence have received a 75% increase in submissions in the office development, refurbishment and social and environmental categories, but there are no entries for innovative solutions or industria...
Land scarcity has become more of an issue than building costs, says First National Bank (FNB) property economist John Loos. "I don't think we can begin to quantify the effect that previously disadvantaged individuals entering ...
When Spearhead Property Group's latest R250 million retail venture, Sable Square, opens its doors near Century City, Cape Town in September 2006, it will mark the start of a new era in shopping for South Africa.
South African property and, in particular, property loan stock companies, are now being swept into the global trend which in recent years has seen yields on commercial property moving down and converging in a lower narrow rang...
Prime retail properties in Pretoria and Johannesburg helped boost Octodec’s net rental income by 34,3% to R53,6m. They continue to perform due to favourable renewals and contractual rental escalations.
THE precinct around the proposed Gautrain Rapid Rail station in Rosebank should become a node of 24-hour, bustling activity allowing for a diversity of property developments to be...
CONSTRUCTION of the 40000m² Highveld Mall has begun with the first concrete poured for this regional shopping centre in Emalahleni (Witbank), Mpumalanga.<...
Maponya Mall, has proven to be a major draw card for national retailers eager to claim a share of the estimated 4.3 billion rand Soweto consumer market
Maponya Mall, the 65,000-squar...
Apr 20, 2006: Spearhead ranks highly
The recently released McGregor BFA financial performance and financial position report which has tracked the results of all SA listed companies over the last five years, ranks Spearhead Property Holdings of Cape Town in the twelf...
THE world’s largest glossy paper maker, Sappi, has sold a quarter of its forestry land in SA to empowerment group Lereko Property Consortium in a move that it also hop...
First National Bank on Wednesday announced a joint commercial property and housing finance deal that will see the provision of over 3,000 houses in Protea Glen, Soweto, over the next two years.
The ever-popular Cape West Coast is seeing a fresh surge of interest from property developers who have recently concluded several large purchases of land.
The developers have either already received approval to build o...
Apr 19, 2006: SA property manager shortage? As the South African economy booms a managerial skills shortage is becoming apparent in the retail and commercial property market. With Professor Chris Cloete from the University of Pretoria, head of traini...
Apr 19, 2006: Nedbank holds its presence
WHEN dominant Cape property financing forces – Cape of Good Hope Bank and BoE – were bundled into Nedbank, a few pundits wondered whether the larger banking group would retain its influence in Cape Town and surrounds.
The Mandela Bay Development Agency has identified prime unused pockets of land and buildings in its mandated area and has requested the municipality to lease the properties to private developers.
THE huge property and land portfolio owned by government could be a key factor in encouraging foreign direct investment in SA, as well as boosting black economic empowerment, says Property Partners CEO ...
Apr 13, 2006: Land-use experts ‘surprised at SA’s vibrancy’ WORLD-class real estate and a palpable sense of confidence are what stand out in South African cities, says a delegation of high-powered governors from the Washington-based Urban Land ...
Apr 12, 2006: Flying high
Commercial and industrial property fundamentals are as good as they have been for many years, and in most locations demand exceeds supply across most sectors of the market.
CBS Property Portfolio has acquired 12 prime properties for R616 million driving CBS’s property assets above R1.7 billion, with 47 properties covering a gross lettable area (GLA) of 270,842m2.
