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Sep 30, 2008: 'Land-grab Bill is constitutional'
The outgoing minister of Public Works, Thoko Didiza, has told a questioner in the National Assembly that her department has a legal opinion from senior counsel confirming the constitutionality of the Expropriation Bill.
AUCTIONEERS say investor sentiment has improved significantly over the past two weeks following the Reserve Bank’s decision not to hike interest rates, with buyers pouring into residential and co...
Sep 25, 2008: Prime Bo-Kaap building sold
A prime located modern, four-storey commercial building in Cape Town's well-known and historic Bo-Kaap has been sold by for close to the undisclosed asking price. The deal was concluded by Graham Freeling, sales and investment consultant for Pam Golding C...
CANADIAN-listed Homeland Energy Group has been talking to the JSE about applying for a local listing, which could take place early next year, investor relations vice-president Naomi Nemeth said this we...
Sep 25, 2008: Businessman loses land case A Gauteng businessman, Bart Dorrestein, on Monday lost his legal bid against the City of Johannesburg to secure and develop valuable publicly owned land in Sandton.
The Supreme Court of Appeal (SCA), on a techn...
Sep 23, 2008: Casino moving to Richards Bay
Strong upward economic growth in Richards Bay is behind the decision to relocate and enlarge the Tusk Umfolozi Casino, currently situated in Empangeni.
"Richards Bay is experiencing an unprecedented boom within all sectors. The expanded Jo...
The Epicurean Food Emporium, which will be situated on the ground floor of The Rockwell in Green Point, is the creation of a one-stop marketplace and this...
Sep 23, 2008: CT hotel to open in 2010
A new hotel featuring 144 rooms is currently being built in Blaauwberg, Cape Town, and is scheduled to open in Q4 2010.
It is the third Rezidor hotel in Cape Town (besides the Radisson SAS Waterfront Hotel and the Park Inn Greenmarket Square) a...
Sep 23, 2008: Industrial land a boon to SA
Despite a near or full-blown recession in large parts of the world, things may actually be looking up for South Africa due to a wealth of unique opportunities, especially in industrial property.
Commercial and industrial expert Warren Jack sha...
Sep 23, 2008: Firm has strong commercial leasing
Growthpoint Properties Limited, South Africa's largest JSE listed property company, has reported an exceptionally strong year for commercial property leasing.
During its financial year to 30 June 2008 Growthpoint concluded leasing deals valued ...
Sep 23, 2008: Capetonian Spearheads Trump Investment in Africa
Cape Town property visionary, Neill Bernstein, has secured an exclusive, ten-year property development deal with US megabillionaire Donald Trump which is expected to deliver hundreds of new leisure and residential products in SA in the next few months.
That's the word from Chandalala Kondolo, principal of the Chas Everitt International franchise in that city.
Sep 18, 2008: Green CT building gets go-ahead
It appears amidst the hype surrounding the City of Cape Town giving the green light for to what was purported to become the city's "tallest building" at 137 metres high, it was forgotten that the current Metlife building measures in at 150 metre...
It is situated just 3,5km from the Midrand Gautrain station next to Grand Central Airport.
Priced at R30m, the land comprises tw...
Sep 18, 2008: Civil construction confidence dips
The index that measures confidence in the South African civil construction sector fell modestly for the third straight quarter, reflecting a downswing in the private residential building cycle market, but the overall mood remained upbeat.
...
Sep 18, 2008: Businesses not drying up in Karoo
Over the past 18 months, the rural economy and particularly that of the Eastern Cape, Karoo and Kalahari, has seen significant investment into businesses.
"Besides the roll-out of big name stores such as Pick 'n Pay, Spar and other chain s...
Sep 18, 2008: PUTs a good bet when rates peak
The jury may be out as to when interest rates will peak, but experts agree that when they do, it will be the best time to buy property unit trusts (PUTs).
Analysts had been expecting another interest rate hike during August, but most have done...
This will comprise 18 Boschendal Founder's Estates, measuring 21 to 44 hectares and priced from R20m - most are covered in vin...
Sep 08, 2008: Regional cement sales fall 7,2%
Cement sales in Southern Africa fell 7,2% year-on-year (y/y) in August to 1,297m tons from a 0,7% y/y dip in July, data from the Cement and Concrete Institute showed on Friday.
The institute noted that August 2008 sales had one less sales ...
The 75,000sq m development gained the accolade for the development's unique design combined with its efficiency as an ...
Sep 08, 2008: Residential confidence not back yet
While there has been a clearly detectable upswing in business confidence in all the areas, consumer confidence in the residential property sector has not yet recovered.
This was said recently by John Weaver, one of the Inframax Developments' d...
In what is likely to be the most ambitious property development yet undertaken in SA, Atterbury Property has acquired ...
Sep 01, 2008: Following a greener path
With the launch of the Green Building Council of South Africa and regulations regarding the energy efficiency of buildings greater than 80sq m(SANS 204), the topic of green building is the latest buzz in today's built envoronment. Antonella Dèsi ex...
Sep 01, 2008: Conference: future of fractions The two major aspects set to shape and boost the fractional ownership market in South Africa over the next few years are fractional ownership finance, and the emergence of top-class global exchange platforms.
The 3rd Annual Fra...
Sep 01, 2008: Property firm's distribution up
Property specialist Pangbourne (PAP) on Friday reported that its distribution for the year to June 30 amounted to 120,93 cents per unit, an increase of 6,08% over the 114 cents per unit distribution for the year ended June 30 2007.
