"The asking price for the property, which is situated in Merriman street, is R6,5m (excluding VAT). All the un...
Sep 27, 2007: Development frenzy continues
It doesn't look like the expected slowdown in consumer spending has curbed retailers' enthusiasm to open new stores and expand existing ones
Owners of shopping centre portfolios continue to report remarkably strong demand for floor space, indic...
Sep 27, 2007: Big league KFC for Mdantsane’s Taxi City
A black economic empowerment consortium, made of largely Eastern Cape entrepreneurs, is to open a Kentucky Fried Chicken (KFC) outlet at Mdantsane by November this year
The 385 sqm store, which will employ almost 80 people, largely from the are...
Sep 27, 2007: Property maestro to address Retail Real Estate World Summit in SA
Property developers in both emergent and developed markets will learn valuable points of view, first-hand as the International Council of Shopping Centers (ICSC) along with the South African Council of Shopping Centres (SACSC) hosts the Retail Real Estate...
Listed property loan stock company Resilient Property Income Fund said yesterday it had received approval from the Planning Tribunal, constituted in terms of the Development Facilitation Act, for retail rights to develop a 75000m2 retail centre in Polo...
LISTED property loan stock company iFour Properties has teamed up with a developer to build a R150m shopping centre in the Eastern Cape resort town of Jeffreys Bay.
The transaction was in line with its strategy of enlarging its property portfo...
Sep 25, 2007: Retail investor should go long-term
According to Property Loan Stock Association News (April 2007) the retail investor is an increasingly talked about element of listed property investment.
But who is the retail investor? What are their investment objectives and habits and why a...
Sep 25, 2007: How to understand foreign ownership
Australia does it. Singapore does it. Canada does it. And so do New Zealand, Brazil and the United States. But when South Africa suggests it might also like to use it as a policy instrument, the "banana republic" and "foreign investors flee...
It looks as if the British commercial property market is about to follow the slide of its residential market. With SA property likely to continue giving double-digit returns over the next five years, should you bother to look offshore?
London-b...
Sep 25, 2007: Amdec fully lets office space at 28 Harrison Street
Amdec Property Development has successfully tenanted all offices at 28 Harrison Street, one of a portfolio of commercial properties it recently acquired with Property Partners in the heart of Johannesburg’s financial district.
Amdec Prope...
Sep 20, 2007: R300m in fund's initial public offer
The initial public offer (IPO) period for Africa's first property tracker fund, which closed on Friday 7 September, secured a total commitment of about R300m.
Property Index Tracker Collective Investment Scheme in Securities (PropTrax) is an ex...
Sep 20, 2007: RBA shares oversubscribed
Housing group RBA Holdings (RBA), which is due to list on the JSE's AltX on Thursday, says its private placing of 65m shares at a price of one rand per share, was substantially oversubscribed.
RBA was established in 1997 and is one of South A...
Inner city property managers have a responsibility to property owner...
Sep 20, 2007: Libint looks well worth the cost
The fact is that the share price fell quickly, and when Jean looked at the technical signals there was a temptation to buy, not for a long-term hold but to trade
I SUGGESTED yesterday that Liberty International could be a buy for the portfolio Jean a...
Major hotel operators around the globe are showing increasing interest in South Africa, says Joop Demes, MD of Golding Hotel Investment Consultants (...
Sep 20, 2007: Retail sales growth slower at 4,9%
Retail sales growth slowed to 4,9% year-on-year in July at constant prices, official data showed today, weakening the argument for another interest rate hike next month
Retail sales - the main measure of consumer demand - braked from an upwardl...
Sep 18, 2007: The Bluff gets new business centre
Falkirk Park is a new business/industrial centre which will rise out of the shell of the old Durban Falkirk Iron building on the Bluff in Durban within a few months.
The plan is to add another floor to the single-storey building while refurbish...
This view is supported by a joint venture between Athanor International Property Investments and Pam Golding Comme...
Sep 18, 2007: Hardware warehouse lists on AltX
A supplier of affordable building materials, such as cement, corrugated iron roof sheeting, doors, windows and timber, will be listing on the Alternative Exchange (AltX) of the JSE by way of private placement on 28 September 2007.
