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.
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.
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.
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, ...
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.<...
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...
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...
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...
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...
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...
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...
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...
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...
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.
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 ...
Follow the right procedures and you could claim as much as R900m back in tax for a greenfield project or R550m for a brownfield project. National Treasury recent...
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...
SUBDUED consumer spending is taking its toll on small independent retailers, with vacancy rates expected to increase and rental income slowing this year. Retail ...
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.
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...
Offices are currently the least affected among all the commercial property segments in terms of potential oversupply. So says Ben Kodisang, managing director of ...
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.
THE ClareMart Auction Group recently received the coveted Top 500 award for the Best Managed Company in the auction houses category. The group was placed first in the auction sector category.
The cost of the Gautrain Rapid Rail Link has shot up by R300m because of a spike in the country’s inflation in the past couple of years, says the Gauteng Management Agency, which is tasked with impl...
There has been a dramatic increase in ‘green’ movements with an increasing number of property owners recognising the benefits of ‘greening’ their property portfolios.
