Naauw Kloof, a farm of approximately 2,766 hectares, belonged to the Ladismith Municipality and was proclaimed circa 1913, since having served as a n...
Aug 25, 2008: KZN has new farm trends
Demand for sugar cane farms and smallholdings in KwaZulu-Natal has all but dried up as buyers' interests shift increasingly to timber and dairy at the moment.
That's according to Barry James, co-owner of Homenet Agriplan, which specialises in f...
Aug 25, 2008: Property firm records good growth
A JSE Limited listed property loan stock company announced distribution growth of 18,3% for its B-linked units for its financial year ended 30 June 2008.
Hospitality Property Fund invests exclusively in hotel and leisure properties. Its units i...
Aug 25, 2008: Massmart: Land is too expensive
Massmart (MSM), Africa's third-largest consumer goods distributor, wants to open a few more stores but struggles to find sites due to "unrealistic price expectations" for land, it said on Thursday.
"The latest review of our sto...
Aug 21, 2008: June build plans passed down 24,5%
The value of South African recorded building plans passed at constant 2000 prices in June decreased by 24,5% year-on-year (y/y) from a revised decrease of 35,5% (36,2%) in May, Statistics South Africa (Stats SA) data on Wednesday showed.
Particular attention was paid to the façade treatment. The professional team specified that a tinted heat-reflecting performance glass should be used for th...
Aug 21, 2008: Is Sandton infrastructure adequate?
Sandton is SA's commercial hub and its infrastructure is taking a beating, but confusion reigns over how serious it is and who should maintain it.
Anthony Orelowitz from Paragon Architects says as things stand currently, we are heading for a c...
The rezoning has already been approved as a site of 128 hectares, equivalent in size to a large suburb. The plans for the s...
Aug 14, 2008: Firm gets good rental contracts
Emira Property Fund has, despite the cooler economy, clinched several rental agreements over the last three months at extremely favourable tariffs.
The company has recently rented out office space of 1,240sq m in the Hurlingham office park at a...
Shelley Point Coastal Lodge is sited within the 160 hectare Shelley Point security estate, where some 1,000 erven have now been sold. The estate will ultimately have 1,000 luxu...
Aug 14, 2008: Drop in office rental rates 'ok' Research shows that commercial vacancy rates in Cape Town's decentralised areas are on the rise, but apparently this is nothing to worry about.
"Commercial vacancy rates in Cape Town's decentralised areas are on the rise&...
The building and civil engineering business units of Grinaker-LTA, part of the JSE-listed Aveng Group, are undertaking this project in a 50/50 joint venture, e...
Aug 11, 2008: Group Five order book swells by 76%
South African construction firm Group Five (GRF) increased its one-year order book by 76% to R8,5bn as at end June 2008 compared with same period last year, it said on Monday.
Given the slowdown in the residential property market and Es...
Aug 11, 2008: Cement sales down 0,7% y/y
Cement sales in Southern Africa fell 0,7% year-on-year (y/y) in July to 1,368m tons from a 1,9% y/y fall in June, data from the Cement and Concrete Institute showed on Friday.
The institute noted that July 2008 sales had one more sales day...
Aug 11, 2008: Rising building costs cramp profits
Drastic increases in building materials have affected developers' profits, with some planned developments having to be scrapped and the future of others hanging in the balance.
And those planning to build their own homes have either had to incr...
Aug 11, 2008: Invest astutely in property
The current economic environment has had a great impact on the housing market, with high interest rates, spurred on by rising inflation, and increasing building costs reducing affordability and demand.
Funding for new homes has also become str...
Aug 11, 2008: Listed property is a good bet
LISTED property is cheaper than fixed property because of the large fall in listed property prices since November last year, and it could be a good buy for a would-be investor.
This would especially apply to those who do not have experience wit...
DEVELOPMENTS in the Rosebank business precinct are set for a further boost with work to start soon on a R170m development project by Old Mutual Investment Group Property Investments.
Aug 04, 2008: Firm to develop commercial property
Sugar producer Tongaat Hulett (TON, Tongaat), which turned a portion of its agricultural land to property development, is shifting its focus from residential developments to industrial, tourism and commercial sectors, it said on Monday.
"We believe there is significant untapped potential in terms of developers and opportunities in Africa," said Gary Garre...
Aug 04, 2008: Several auctions in Jhb South
The property investment market seems to have realigned with the new interest rates and sellers are becoming more realistic as the cost of money becomes relatively more expensive.
This has created opportunities and we have noticed many more buy...
Aug 04, 2008: Home offices set to become popular
Fuel shocks due to record world oil prices coupled with a weaker rand against the dollar - the currency used to determine oil prices - will make tele-working from home an increasingly popular option.
Originally named 'Beauvais', and built as a private residence just over 100 years ago by Allen Wilson for mining magnate Mr. Percival White Tracey, this home set on...
