Jan 29, 2009: A-grade Cape Town units fetch R3,5m
Two A-grade ground floor units in the Victoria Junction building in Cape Town's Green Point comprising 300sqm each were each sold for a value of R3,762m – both purchased by owner-occupiers.
One of the units was purchased by Traffic, an i...
BARROW Construction is developing a R200m Universal Church of the Kingdom of God cathedral on the corner of Plein and Bree streets in central Johannesburg. The site was previously occupied by a parkade...
OF SA’s top 100 companies last year, 12 were listed property companies — these companies were ranked against companies that are foreign-based, with a secondary listing on the JSE, such as S...
Jan 28, 2009: Warehouse Sold for R13.9m
A 2900sqm, A-grade industrial property comprising warehousing with an office component situated in Muizenberg's Capricorn Business Park in the Western Cape has been sold by Pam Golding Commercial (PGC) to a private, local investor for R13.9 million. The p...
And while December was not the ideal time to bring the centre on line, owing to the depressed economy, the R100m Linkhills Shopping Centre is already enjoying a ...
Jan 28, 2009: 2nd floor CT building gets tenant
In the historic Bo-Kaap area, a tenant has been secured for the 285sqm entire second floor of the prime located Lona building – formerly known as Dixon building and located at 212 Upper Buitengragt Street.
The newly developed The Crescent Shopping Centre, measuring approximately 18,367sqm, is located in Phuthaditjhaba, 60...
Jan 26, 2009: Group expands with leisure buys
A property group has expanded its avenues to leisure property and acquired the Klein Normandie farm in the Franschhoek Valley and Paperbark Lodge, a private game reserve in the Waterberg.
Klein Normandie is a historic 85ha wine farm property es...
Jan 23, 2009: Scandal-hit brokerage offers full refun Hong Kong - A leading Hong Kong brokerage has agreed to fully refund hundreds of investors who bought complex financial products at the centre of a misselling scandal, the city's market watchdog said.
Jan 23, 2009: Global office market surveyed London's West End and Moscow remain the world's two most expensive office markets, respectively, while Hong Kong's CBD, Tokyo's Inner Central District and Mumbai's Nariman Point round out the top five.
Jan 23, 2009: Construction woes affect SA firms An unparalleled construction boom in the Middle East is stalling, dimming the outlook for local companies with exposure to the region. Two South African-based co...
Jan 23, 2009: Rivonia property being redeveloped A commercial property in Rivonia is currently being redeveloped and refurbished at a cost of R100m. "345 Rivonia Road is on the corner of Rivonia Road and 1...
Jan 20, 2009: Lafarge Claims Wonder Cement
IN an effort to address the construction industry’s demand for products suited for large construction projects as a result of the country’s current infrastructure spending drive, Lafarge has announced SA’s first CEM II 52.5N premium stre...
Jan 20, 2009: Shoprite in Grand Style
For the six months to 31 December 2008, Cape Town-based Shoprite grew turnover by 27,3% to R29,6 billion. Growth on a like-for-like basis was 22,0%. Its supermarket operation in South Africa increased sales by 24,5% and by 20,0% on a like-for-...
Prime office space at 85 St Georges Street in the heart of Cape Town's central city area has been taken up in a lease transaction concluded by Pam G...
Commercial property continues to arouse investor interest in Cape Town's Green Point said Selwyn Sharon, leasing, sales and investment c...
Jan 19, 2009: Construction groups bank on state work CONSTRUCTION companies are counting on the government’s multibillion rand spending programme in infrastructure projects to see them through the lean economic times caused by the global credit crunch...
Jan 19, 2009: Eskom's nasty tariff proposal The Democratic Alliance (DA) regards reliable and sustainable energy supply as a critical facet of a fast growing economy which creates sustainable job opportunities. In our energy policy entitled, &ldquo...
Pam Golding Lodges & Guesthouses (PGLAG) focuses on establishments priced mainly from R5m to R50m, sized ...
Jan 16, 2009: Redefine in R12.3bn deal Johannesburg - JSE-listed property company Redefine Income Fund (RDF) on Thursday announced its intention to purchase ApexHi Properties and Madison Property Fund Managers in a landmark R12.3bn transaction...
The construction of the two new N10 Tarka Bridges in Cradock aims to address some of the core challenges with regards to rural transportation in the area.
Jan 16, 2009: Commission blocks asphalt merger THE Competition Commission has blocked the proposed merger between construction company Murray & Roberts’ subsidiary, Much Asphalt, and asphalt manufacturer and supplier Gauteng Asphalt and its ...
Jan 14, 2009: Commercial building in Pta restored Tudor Chambers in Pretoria's Church Square has been restored and is now ready for occupation. Tudor Chambers was originally a speculative development intended fo...
Jan 14, 2009: PnP Named Retailer of the Year Cape Town-based Pick n Pay was voted the world’s best retailer by international retail organisation, the National Retail Federation [NRF]. The American-bas...