The property comprises a large 8,1 ha (about 81,000sq m) development opportunity with a Special Zone in the heart of Lower Umh...
Mar 31, 2009: KZN's Bridge City Mall 80% let
Bridge City Mall, part of a major new precinct rising up in the underserviced Inanda, Ntuzuma and KwaMashu (INK) district of KwaZulu Natal, is more than 80% let.
Major tenants include Woolworths, Edcon, Shoprite and Spar.
The 35-storey building to be situated close to the entrance to the Waterfront at the intersection of Buitengracht Street...
Mar 31, 2009: SA's nominal commercial returns tops
Despite nominal returns on commercial property in SA dropping sharply to 13% in 2008 from 2007's 27,5%, the performance is still the highest in the Investment Property Databank (IPD) indices for all countries published to date.
However, this do...
Mar 27, 2009: Transnet secures R4bn loan from Japan TRANSNET said yesterday it had tapped the foreign capital market for the first time after signing a R4bn “untied loan” deal with Japan Bank for International Co-operation (JBIC), a state-owned...
Mar 27, 2009: Not too worried about M&R’s cancelled order DURING the course of Wednesday afternoon, Murray & Roberts (M&R) reported, as you would have read in yesterday’s newspaper, that the Tameer Towers project in Abu Dhabi had been terminated. M...
Mar 27, 2009: Retail sector on tenterhooks as consumers ponder future The gathering downturn is making analysts increasingly wary that the strong recovery in furniture and clothing sales expected by the stock market may not come this year, despite tumbling borrowing costs.<...
Mar 27, 2009: Hotel has extensive accommodation and retail centre The hotel is well equipped and consists of 52 rooms, which include fourteen fully furnished en-suite chalets with a double room, separate sitting room, kitchenette with bar fridge, television, microwave, ...
Mar 27, 2009: Vital to maintain stadia after 2010 While the Soccer World Cup will come and go, maintaining the stadia will become a more important focus after 2010 to ensure the lasting benefits of this investment.
Mar 25, 2009: JHI expands essential valuation consulting service PROPERTY services company JHI has bolstered its valuations consulting services to provide valuations nationally and regionally for the property assets of both listed property funds and private property in...
Mar 25, 2009: Mixed-use Malakite Park takes green approach BALWIN Properties is developing the R2bn Malakite Park in Greenstone Hill, which includes 50000m² of AAA-grade offices, a four-star residential hotel, The Malakite, and an upmarket sectional title re...
Mar 25, 2009: Property market takes heart from Mboweni THE Reserve Bank’s decision to cut the prime lending rate by 100 basis points is expected to reduce pressure on bondholders, slow property repossessions, release billions of rand back into the South...
Mar 25, 2009: Grinaker-LTA Has Strong Order Book DESPITE the downturn in the economy, Grinaker-LTA reports that its building division in Cape Town continues to enjoy the benefits of the recent construction boom, with a number of its projects in the regi...
Mar 25, 2009: Vacancies Down At Century City
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, according to Greg Deans, a director of Rabie Prop...
That brings to seven the number of South African listed real estate counters.
Mar 23, 2009: Lots of cash in commercial sector 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 see...
Mar 23, 2009: Cape Town A Global Events City Another significant milestone has been reached on the road to positioning Cape Town as a global events city. The City of Cape Town’s Mayco recommended that the Events By-law, a first of its kind in ...
Mar 23, 2009: Vunani stumbles Vunani, a niche market financial services player which listed on AltX in November 2007 is due to report a loss as the value of its investments has fallen.
Mar 23, 2009: R25bn rail upgrading A NEW commuter transport agency is to spend R25-billion to make South Africa’s rail network up to date and efficient. The department of transport has expan...
Mar 20, 2009: Birth of a private city A private, self-contained city that could be as big as Johannesburg’s central business district (CBD) is scheduled to be built around Lanseria airport, to the northwest of the city.
Mar 20, 2009: Offices strong in commercial bundle Offices are currently the least affected among all the commercial property segments in terms of potential oversupply. So says Ben Kodisang, managing director of ...
Mar 20, 2009: Build plans passed down 52,4% The value of recorded building plans passed at constant 2005 prices in South Africa in January fell a whopping 52,4% year-on-year (y/y) from a revised drop of 25,4% (26.3%) y/y in December, data by Statis...
Mar 20, 2009: ApexHi in bid to create R11,7bn porfolio LISTED property loan stock company ApexHi Properties hopes to create an R11,7bn portfolio if its bid to acquire all the linked units in Ambit Properties succeeds.
Mar 20, 2009: Retail struggle ‘will raise vacancies’ SUBDUED consumer spending is taking its toll on small independent retailers, with vacancy rates expected to increase and rental income slowing this year. Retail ...
Mar 18, 2009: Pta building on auction 18/3 28 Church Square in Pretoria will be going on auction on Wednesday 18 March 2009 at the Hilton Hotel in Sandton. It is located only a stone's throw from the stat...
Mar 18, 2009: Property owners struggle with rates The global economic crisis could have severe implications for municipalities as pressured property owners battle to pay for municipal services.City of Cape Town ...
Mar 18, 2009: Green Build Gains Momentum There has been a dramatic increase in ‘green’ movements with an increasing number of property owners recognising the benefits of ‘greening’ their property portfolios.
