Jan 31, 2008: Demand drives more EC warehousing
In light of the bullish demand for quality industrial property in the Eastern Cape, additional warehousing is being developed and existing warehouse space refurbished at Kwaford, in Port Elizabeth.
Parliament Street is set to become the “entertainment hub” of Port Elizabeth‘s Central area, the project team handling the R21-million upgrade said on Tuesday.
Addressing interested parties – including businessmen, ward ...
A R100m blue-chip office park is to be developed in Johannesburg’s upmarket Hyde Park suburb, with building starting next month.
The new development, The Offices of Hyde Park, by Johannesburg-based developer Farquharson Projects, ...
Jan 28, 2008: Affordable housing contract signed
South African banking group Absa (ASA) and the Development Bank of Southern Africa (DBSA) have signed a memorandum of understanding (MOU) that will see the construction of a number of countrywide, affordable housing projects, infrastructure projects and h...
US nuclear technology giant Westinghouse hopes its partnership with SA construction giant Murray & Roberts (M&R) will give it an edge over French rival Areva in its bid to build Eskom's nuclear power stations.
The Western Cape education department has called on schools in the province, including those in the Southern Cape, to offer their under-used land for sale and use their share of the profits for capital expenditure and upgrading facilities.
The distribution comprises 35.89 cents in respect of dividends, 3.39 cents in respect of manufactured dividends and 21.85 cents in respect of other income.
Craig Hallowes of PropTrax, Africa’s first property tracker fund, ...
A Large tract of prime coastal land, near Nelson Mandela Bay, is expected to be sold for between R12-million and R15-million when it goes under the auctioneer‘s hammer next month.
Ocean View Holiday Resort owner John Webb said he was abou...
Jan 24, 2008: Firm buys 3 prime CT properties
Recently relisted South African property investment and development company SA REIT (SAT) has acquired three additional prime properties in Cape Town for a total of R70m.
This boosts the value of its portfolio of primarily Western Cape-based...
Jan 24, 2008: CT 'apartment hotel' for filming
Leading South African property developer the Nova Group announced recently that it has begun construction on an exclusive apartment hotel that will provide short term accommodation for the film industry in Cape Town's fashionable Sea Point area.
Jan 24, 2008: Office/industrial boom to continue
According to First National Bank property strategist John Loos there will be a divide in 2008 between the performance of retail property on the one hand and industrial/office space on the other.
"With the great consumer boom past its best...
Jan 24, 2008: Premium offices exceeding demand
The best rental returns are to be found in the office sector this year, with experts confident it will outperform both its retail and industrial counterparts.
The prediction follows the commercial property industry having been hit hard by inter...
Jan 24, 2008: These CT building owners in trouble
In spite of inner city revitalisation, some buildings are in such a state of dilapidation that the city intends taking legal action to force owners to renovate them.
The head of building development management in the City of Cape Town, Peter He...
Jan 21, 2008: Fully let because of office demand
The strength of demand for A-grade offices in the Cape Town CBD has been underscored by the fully let sign going up on a city high-rise where almost a third of the space was vacated by a major tenant last year.
Triangle House, formerly Safmarin...
Jan 21, 2008: Drop 25% rate plan for government buildings
The city of Cape Town is calling for the minister of provincial and local government to withdraw a set of regulations he has just published which would allow state owned property and public service infrastructure to pay rates at only a quarter of the rate...
Jan 21, 2008: Hollywood comes to Sea Point
An exclusive apartment hotel providing short term accommodation for the film industry will be launched in Cape Town’s fashionable Sea Point area
The Nova Group, a leading South African property developer, has already begun construction on...
The decade-long world property boom has ended abruptly, with listed fund share prices falling 36% in Britain, 25% in Europe, 17% in the US and 10% in Australia in 2007. Australian listed shares fell another 12% in the first two weeks of 2008.
The old tramways building, a decaying Port Elizabeth historical landmark which has become an eyesore, may soon be transformed into a vibrant R100-million upmarket arcade breathing new life into the tranquil Baakens Valley.
When completed, it will double the present capacity of the port, increasing its capacity to handle twenty-foot equivalent (TEU) containers from the 700,000 that went thr...
THE Securities Regulation Panel (SRP) confirmed yesterday it was in “discussions” with Gold Reef Resorts, following allegations by rival group Tsogo Sun of foul play in a private equity buyout.
