Feb 24, 2009: Res build inflation dips slightly
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.
The skyscraper has been a landmark in the city's foreshore region since 1968. And today, the owners, The Patrick Partnership, and ...
Feb 24, 2009: Rezidor to build 10 African hotels
Rezidor Hotel Group this week announced that it plans to expand with 10 new hotels in Africa as part of its continental development strategy for 2009.
President and CEO of The Rezidor Hotel Group, Kurt Ritter, said during a media briefing at th...
The dilapidated Tiny Town development was purchased by the property developers about a decade ago, says City Property chairman Alec Wapnick.
Feb 24, 2009: Jhb commercial rentals growing
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...
Feb 24, 2009: Commercial market buoyant
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.
So says Geoff St...
Feb 24, 2009: Century City vacancies drop 2,7%
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...
Madison, which is a listed property fund manager responsible for the asset management of listed funds ApexHi Properties, Redefine Income F...
Feb 18, 2009: How traffic affects property
Traffic congestion is resulting in suburbs around Johannesburg's city centre and its central suburbs to increase in popularity.
Francois Viruly of Viruly Consulting points out that foresight and care must be taken when developing these areas a...
Feb 18, 2009: Strong order book for Group Five
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.
Commercial property owners to write off 115% of cost of energy-efficient equipment - national budget 2009.
Commercial real estate owners could soon get a tax write-off 115% of the cost of energy-efficient equipment.
...
Feb 12, 2009: Infrastructure projects ‘show way out of crisis’
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...
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...
Named after William Webb Ellis, who founded rugby as a sport in 1823 by picking up a soccer ball and running with it, the house...
Feb 11, 2009: Factories put in worst showing for 10 years
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, ...
Feb 11, 2009: Shoprite’s move into Africa pays dividends
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...
Feb 10, 2009: Jhb property awards gears up again
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...
So says Ivan Neethling, chairman of the Western Cape branch of the Institute of Estate Agents (and National...
Feb 10, 2009: 2009's 1st quarter the turnpoint
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...
The 16,000sqm Pan Africa Shopping Centre is set to open in March 2009.
This retail development will have a 2,800sqm Pick 'n Pay as anchor tenant. ...
Feb 10, 2009: SAPOA improves its courses
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.
In addition to this it is laun...
Feb 05, 2009: What is agricultural land?
Wary Holdings (Pty) Ltd v Stalwo (Pty) Ltd & others is a decision of the Constitutional Court case whose judgment was handed down on 25 July 2008.
The case concerned the question of whether agricultural land, as defined, still exists in Sou...
Feb 05, 2009: ApexHi distributions up 11%
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...
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...
The project, located at the at the Tannery Park office park, allows tenants to easily separate different types of waste – such as paper, tin, glass a...
Feb 04, 2009: Rates, banks make Oz alluring
There are a number of factors that make the Australian property market an attractive place to invest in, says a leading property figure.
"The current global uncertainty and the lack of available credit, the Australian economy has slowed bu...
