South African Commercial Property, Buy Sell or Rent Commercial Property in South Africa
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Mar 29, 2007: 2006 Highs In Commercial Building
According to John Loos, property strategist for FNB Commercial Banking, the release of December building statistics by StatsSA for the year 2006 reported that the real value of building plans passed reached the highest level on record, and probably safe t...
Mar 29, 2007: Cape Developers Experience Delays
A number of golf estate developers in the Western Cape have apparently been waiting for more than a year to get the necessary go-ahead (or dismissal) for their projects from planning authorities. Meanwhile, holding costs on many of these multi-million ran...
Mar 29, 2007: Black Property's 2007 Convention
The South African Institute of Black Property Practitioners will host the 2007 convention at the Theatre on the Track in Johannesburg on 20 April 2007.
Property in South Africa is one of the fastest growing sectors in the South African economy ...
Mar 29, 2007: Napier Commercial Auction 31 March
A 10-room, double storey, old Napier style property, well situated in the main street of Napier, a town which has become know as the 'gateway to the Overberg', is to be auctioned on site by Pam Golding Commercial Auctions at 12 noon on Saturday 31 March, ...
LEREKO Property Company, the empowerment firm that acquired a 25% interest in the massive land holdings of pulp and paper producer Sappi, is looking to partner with developers to take advantage of the ...
GROWTHPOINT Properties, the largest listed property company on the JSE with property assets worth more than R20bn, is to acquire the R500m Woodmead Retail Park from Investec Property Group.
GOVERNMENT, parastatals and some private property landowners are increasingly electing to “dispose” of their land in terms of long leases rather than transferring full ownership to prospective buyers...
THE skills shortage in the construction, infrastructure and bulk services sectors is likely to constrain growth in the commercial and industrial property sectors, says strategist and change management specialist Tony Manning.
The world's best project manager needed to be appointed to manage the 2010 Soccer World Cup project - including the building of a stadium at Green Point in Cape Town - who would report to both Cape Town Mayor Helen Zille and Western Cape premier Ebrahi...
Confident of Walter Sisulu University's future success in Buffalo City, the institution's new Vice-Chancellor plans to build a multi-million-rand technology park in East London.
Outlining his vision, Professor Marcus Balintulo said this would ...
ApexHi Properties Limited is investing in its growing retail portfolio with the appointment of specialist retail consultant, Mark Ruffley, the refurbishment of tired centres and the introduction of tenant training to increase turnovers.
Leading listed retail property fund Hyprop Investments has again outperformed previous distribution growth with its record distribution to unitholders of 225 cents per combined unit for the year to December 2006, up 18,4%. This marks the fund’s t...
With the completion and handover of Amdec House on the December 2006 at Steenberg Office Park, Amdec Property Development is sending a signal to the property fraternity that, although it is now a major force in Gauteng with seven Melrose Arch joint ven...
A R733-million contract for the construction of a new casino resort near Krugersdorp (Mogale City) has been awarded to Grinaker-LTA Building, part of the JSE-listed Aveng Group.
The resort will comprise three gaming venues – the main casino, smo...
LISTED property unit trust SA Corporate Real Estate Fund, formerly Martprop Property Fund, said yesterday that it had received “overwhelming” support for its takeover bid for sister company SA Retail...
SA Retail Properties Ltd (SRL) has already received support from more than 50% of its unitholders to vote in favour of the acquisition of the 1.025 billion rand Sharemax portfolio at a meeting later in March. This coupled with the recent Competition Co...
Wide-sweeping redevelopment of Westville's major commercial and retail centres, including the landmark Pavilion Shopping Centre, is evidence of a new wave of confidence in the suburb that is already experiencing a resurge of activity in its residential...
Pam Golding Commercial (PGC), the commercial company within the Pam Golding Property group, is poised to make significant inroads into the Garden Route - and Eastern Cape regions, says PGC chief executive, Peter Golding, commenting on the expansion of ...
Commercial property owners are reporting renewed interest in office space in the Randburg CBD, a trend that is starting to boost demand for middle-income residential property in the area.
JSE-listed real estate fund Vukile Property Fund, who own...
WHILE some players in the building and construction sector are struggling to keep up with unprecedented industry demand, construction materials supplier Lafarge South Africa is taking the oppo...
The business plan for the redevelopment of Njoli Square at KwaZakhele - estimated to cost about R170-million - has been approved by the municipality, but funding is not readily available.
The funding, according to the plan, should be sourced f...
Retail property returns are expected to deteriorate in 2007 although, with the South African economy on a long-term accelerating growth path, the decline is unlikely to be prolonged, FNB property economist John Loss says.
Zenprop Property Holdings (Pty) Ltd last year acquired the rights to develop a new shopping centre in Kuilsriver, Cape Town. The centre, which is planned to open in April 2008, comprises a first phase 31 000m2 of gross lettable area of which 60% ...
Until now, investors in Bonatla who sold out in the brief moment in February when it hit a two-year peak of 75c might have gone down as its most successful shareholders in the property investment company’s recent history.
ALTHOUGH Finance Minister Trevor Manuel did not specifically include any property-friendly items in his budget speech last week, his scrapping of taxation on interest for pension funds is expected to...
REGIONAL land claims commissioner for Gauteng and North West Tumi Seboka says she has little choice but to recommend to government the expropriation of land to settle troublesome cases to complete th...
WEEKEND property pages in newspapers are likely to soon “play second fiddle” to property websites because of growing popularity of the online medium, says propertyGenie.co.za, a property listing webs...
Leading listed retail property fund Hyprop Investments has again outperformed previous distribution growth with its record distribution to unitholders of 225 cents per combined unit for the year to December 2006, up 18,4%. This marks the fund’s t...
ALTHOUGH Finance Minister Trevor Manuel did not specifically include any property-friendly items in his budget speech last week, his scrapping of taxation on interest for pension funds is expected to be a major boost for the listed property sector.
THE 65000m² Sowetan shopping centre Maponya Mall is scheduled to open in September.
The developers say that the centre has secured strong commitment from local business people, as well as further dedication from top retailers which continue to ...
