THE foreign consortium that acquired the Victoria & Alfred (V&A) Waterfront for more than R7bn plans to bring at least 10 more hotels, and top fashion brands, to the Cape ...
THE 11th African Congress of Shopping Centres, which was held from September 13 to 15 at the Sandton Convention Centre, drew a record 1000 delegates. About 800 delegates were expe...
The R115-million contract for the new head office of the Coega Development Corporation has been awarded to Grinaker-LTA. The building is located at the Coega Industrial Development Zone (IDZ) near Port Elizabeth. This six-stor...
Plans for the Old Lion Match Factory development in Observatory, Cape Town, have been unveiled. Built in the 1920s in the grand style of the times, the historic buildings will remain while the later additions will make w...
There is currently much interest in renovating old commercial buildings, and converting them to trendy lofts or upmarket apartments. A building presently on the market looks as if it might be going full circle, from residentia...
There is no uniformly right answer when it comes to the merits of owning one’s business premises: much depends on the nature of the business, the phase in which it is in its life cycle, its cash needs, the vibrancy of the loca...
Sanlam Properties - a division of insurance giant Sanlam - has established Khulela Properties as its primary black economic empowerment property vehicle and empowerment partner.
A portfolio of 22 commercial and investment properties will fall under the auctioneer's hammer in Cape Town on Wednesday 27 September. The portfolio valued at over R100 million includes some impressive properties and cho...
Rapidly growing construction group Basil Read hopes to raise close to R110m through a claw-back offer, details of which were released on Thursday.
The group is looking to raise funds t...
Sep 26, 2006: Hassan Adams: Entrepreneur, Cape Town
MONEYWEB: The deal of the day was an investment in the V&A Waterfront. It’s been an impressive process; Transnet has kept it extremely open all the time. There were 60 bidders, nine of them were short listed, and today the bi...
THE sale of the landmark Victoria & Alfred (V&A) Waterfront to a foreign consortium for $1bn is likely to act as a catalyst for further foreign investment in SA.
The move by sellers Transnet and its pension funds is likely to promote c...
PROPERTY services group Gensec has been appointed managing agents for the retail and business portion of the soon-to-be launched Icon development in Cape Town.
THERE is growing demand from SA’s super rich, including a substantial number of blacks, for luxury “fractional” developments, a relatively new concept in the country.
THE office-property market has improved dramatically in Johannesburg’s northern suburbs, with Sandton and Rosebank recording the lowest vacancy levels in five years.
THE Mandela Bay Development Agency (MBDA) has been inundated with calls from property players outside Port Elizabeth who are keen to be involved with the development plans for 1039ha of prime state-o...
SOME of the areas that retailers are now entering, such as Soweto, could be potentially riskier because the target market is more sensitive to interest rate fluctuations, says property economist Francois Viruly.
CBS Property Portfolio, which is enjoying a growth phase after listing on the JSE last November, has appointed well-known property player Richard Harman as an executive director.<...
Nineteen buildings came under the hammer at the Auction Alliance multi-property sale in Rosebank last Wednesday, where 50% of the sales were confirmed at the drop of the hammer.
COMMERCIAL property association Sapoa says it supports the local listed property sector’s move towards real estate investment trusts (Reits), which it termed an “inter...
THE Actis Africa Real Estate Fund, which aims to focus on investments in office and retail space in sub-Saharan Africa, should facilitate the creation of adequate infrastructure and make the region m...
A new office park is to be developed on one of the most sought after sites in the southern suburbs, adjoining the Vincent Pallotti Hospital in Pinelands. The site is located just off the N2 freeway on the corner of Park Lane a...
An R67m expansion at Gateway Theatre of Shopping in Durban North for a Virgin Active health club formed part of a R600m national pipeline of projects and refurbishments by Old Mutual Property Group, group business development ...
