Continued strong demand for offices at Century City have seen vacancies drop 2,7% so far this year with further strong take-up expected over the next two years.
This is according to Greg Deans, a director of Rabie Property Group, which is deve...
With equities remaining under pressure after a year in which investors have had to endure a turbulent marketplace, the commercial property market in general remains buoyant with cash investors aplenty seeking the right yields.
The revival of commercial property in the Johannesburg CBD continues as gross rentals rise and vacancies fall, while gross rental prices in the Sandton CBD move sideways.
These are the findings, among others, of the recent Office Barometer 200...
FNB Commercial Property Finance's (CPF) revised Residential Building Cost Index for the fourth quarter of 2008, constructed by Industryinsight, indicates a mild decline in residential building cost inflation.
With a secured construction order book of R13bn and further awards of almost R2bn imminent, South African construction and engineering company Group Five (GRF) says it is well placed to achieve another year of solid earnings growth to June 2009.
Expanded public works, a focus on labour-intensive employment and sharp increases in funding for social welfare are some of the highlights of this year's National Budget as government looks for ways to spend itself "sustainably" through the c...
Encouraging infrastructure growth in developing countries would stimulate global demand for commodities and promote the growth of a prosperous consuming middle class, Walter Mead, US foreign policy senior fellow at the Council on Foreign Relations, said y...
THE expansion of Africa’s largest retailer, Shoprite, into the continent is paying off as it said yesterday it expected earnings to improve at least 35% in the six months to December.
Shoprite said earnings per share and headline earnings...
FACTORY output plunged at its fastest pace in a decade in December as demand for exports fell, backing the case for more aggressive interest rate cuts to protect SA from the global recession.
Manufacturing was 7% down on the previous December, ...
The South African Property Owners Association (SAPOA) is revamping and refreshing its introductory and intermediate education courses to bring them up to speed with changes in the fast-paced property environment.
The first quarter of 2009 will herald the turn-around in the South African property market after a year fraught with increased interest rates and the global economic crisis.
According to ClareMart Auction Group CEO, Jonathan Smiedt, South Afric...
Building on the momentum of the 2008 Halala Joburg Awards, the Johannesburg Development Agency (JDA) takes pride in announcing the opening of nominations for 2009.
The Halala Joburg Awards are a celebration and recognition of innovation, inves...
FULLY furnished rental flats in Sandton are the preferred option for business executives working out of town, rather than booking into a five-star hotel, says Pamela Niemand-Bossert, MD of Hydro Execut...
Property loan stock company ApexHi (APA) on Wednesday announced that its combined distributions for the six months ended December 2008 had increased by 11%.
Distributions per A and B unit were unchanged at 67,5 cents and 82,5 cents respectivel...
The Abalengani Group of companies ("Abalengani"), the property investment arm of the Moti family, has announced that the company intends listing on the main board of the JSE Limited (JSE) through a reverse listing transaction.
South African unit trust company Stanlib on Monday said they remain positive on the office and industrial property markets in South Africa, but feel that some retail segments could be under pressure in view of continued consumer belt-tightening.
JSE ALSI 40 listed Growthpoint Properties Limited (GRT) confirmed on Monday that its R1,74bn capital raising rights issue had been oversubscribed when the offer closed on Friday, 30 January 2009.