Apr 30, 2007: SA Retail Boom Not Slowing Down
Despite interest rate hikes, developers continue to bank on the South African consumer's unwavering pursuit of retail therapy. Neil Cloete, managing director of Grinaker-LTA's building business unit, says that based on the firm's current order book, the r...
Apr 30, 2007: Woodstock's Commercial Rentals Rise
A number of leases in the refurbished Fairweather House in Sir Lowry Road in vibrant Woodstock have been concluded. To date the total capital value of these leases is R9m, while further transactions are currently in the process of being finalised.
Apr 25, 2007: Commercial Property Under Pressure
There's no denying that commercial property as a sector has had an impressive run over the past three years, with total average returns of 27%/year - a far cry from the paltry 9% to 11% that investors had to be satisfied with between 2000 and 2002. ...
Hermans & Roman Property Solutions, a national property management company has recently expanded their portfolio by taking over the management of the Metlife building in Durban.
Kevin Roman, co-founder and Chief Executive Officer of ...
SA's national retailers are rushing to fill an explosion of shop space in Soweto. They are pursuing R4bn in spending power - a reflection of the gentrification of the township that began life as a workers' barracks.
Investors continue to pile back into the JSE's real estate sector following the major sell-off between May and August last year, which drove share prices of some funds up by more than 40% in first quarter 2007. The strong up-tick in d...
CONSTRUCTION is under way at Avanti, a twin-towered retail and office development at the gateway to the Tyger Falls precinct in Durbanville, Western Cape.
With the continual demand for property farther and farther north, it is understandable, especially with the new business node in Umhlanga, that the demand for property in Ballito cannot be met by the current stock.
Businesses in Nelson Mandela Bay might find themselves paying a development levy which will be used to build the proposed international convention centre.
The site of the building has not yet been decided.
Many things have been said about discovering unexpected opportunities on the African continent, by no less a person than the erstwhile secretary general of the United Nations. Kofi Annan once pointed out that Africa’s profitability is one ...
CONSTRUCTION has started on Classic Park, a new industrial park to the west of Killarney Gardens consisting of ten separate title double volume units being developed as a direct result of t...
Australian-based global property and infrastructure giant Macquarie looks likely to lose its bid for control of Grayprop, SA's second-biggest listed property fund, and with it a dramatic entry into the SA property market.
Listed property loan stock company Redefine Income Fund On Wednesday reported a total distribution of 24c a share for the six months to February, a 14,8% increase compared with the year earlier period.
Clearwater Capital, one of listed property loan stock company ApexHi Properties' empowerment partners, has increased its stake in ApexHi through the acquisition of another 30-million ApexHi C units for R138,5m.
Demand for office space is strong, with prime office space attracting good rentals and landlords upgrading lower-grade space to take advantage of market conditions.
Paul Kollenberg, commercial property sector head at Investec Property Group, s...
Apr 18, 2007: R4,5m For Ct's Historic Coornhoop
'Coornhoop', a historic building situated in Observatory, Cape Town, has been sold for R4.5m. The purchaser is an NGO and the property, a national monument, is situated in Dixton Road in Mowbray, bordering Observatory.
And it is also expected that major developments involving Singapore, which is likely to be represented by senior figures in its government, and Coega could be on the cards, although details are still being finalised.
Construction firm Grinaker LTA, in which JSE-listed Aveng holds a 75% stake, was excluded from the bidding process to build the King Shaka airport, in Durban, because it could not commit to the 70% black-economic empowerment procurement required by Air...
The Cape Environmental Protection Association (CEPA) legal team on Tuesday agreed to drop its court application to stop the partial demolition of the existing stadium at Green Point after it discovered that the planned demolition had been comple...
Clearwater Capital – one of the black economic empowerment unit holders in ApexHi Properties Limited - has acquired 80% of the C units held by the ApexHi BEE Trust in a transaction that sees four beneficiaries share R74,8-million profit on...
A new convenience shopping precinct offering a vibrant highstreet café lifestyle with boutique retailing has opened at Century City.
Apr 16, 2007: Coega industry zone lines up investors
The success of the Coega industrial development zone in luring investors has led to its decision to expand its land area by about 63% to 18000ha.
Coega Developme...
Apr 16, 2007: Historical Victoria W. Farm For Sale
Like many platteland towns in South Africa, Victoria West owes its existence to the Dutch Reformed Church. The town was founded in 1843 when the church bought a portion of the farm Zeekoegat from the estate of Mr J. H. Claassens. The town was named after ...
THE Port Elizabeth central business district’s main road, Govan Mbeki Avenue, is undergoing a radical transformation as part of a revitalisation plan for the inner city.
Demand for office space is strong, with prime office space attracting good rentals and landlords upgrading lower-grade space to take advantage of market conditions.
Paul Kollenberg, commercial property sector head at Investec Property Group, s...
