New R60m building at Century City
A R60 million superior-grade office and retail building which integrates interior and exterior environments is being developed by Madison Property Fund Managers in Century City, Cape Town.The superbly located…
Commercial Property News — 2007
941 articles. ← all news
Repo hikes to boost office rental even further
Rental income in the commercial property market is on the increase after decades of decline and is expected to counter the latest interest rate hike, in which the Reserve Bank raised its repo rate by another 50 basis poi…
Home prices decline but offices in demand: SARB
While residential property prices continued to fall during the year, office property demand strengthened with vacancy rates declining in all four major central business districts, the central bank said. Accor…
East London gets own Melrose Arch
East London's planned Triple Point mixed-use precinct is modelled on Melrose Arch and will be close in scale to the renowned Johannesburg site, but are there enough people and is the economy strong enough to make the dev…
Madison boosts rental income for its clients
Madison Leasing has signed up over 55000m2 of new commercial property leases in the past six months and boosted the rental income of its property loan stock company clients, ApexHi Properties and Redefine Income Fund.…
Office, industrial rents to rise
The office and industrial property sectors are expected to continue steaming ahead next year with strong rental growth because of low office vacancies and a shortage of available industrial land. As far as offices ar…
Nedbank buys into R5 billion potential Irene Development
Nedbank Corporate Property Finance today announced that its Gauteng division has acquired a 49% equity stake in Odyssey Developments (Pty) Ltd Odyssey Developments holds a 66.5% stake in Irene Land Corporation…
Plant to be built in Mozambique
A UK-based investment company will build a £290m ethanol from sugar cane production facility in Mozambique, it said on Tuesday. Principle Capital Holdings has secured 23,000 hectares of workable land,…
Amdec expands its industrial property portfolio to Kyalami Business Park
Amdec Property Development has acquired two adjacent light industrial buildings superbly located in the established, secure Kyalami Business Park in Gauteng. The market value of Amdec’s investment is in excess of R…
Growthpoint Property Fund Limited is successfully bringing the newly-renamed MontClare Place to the market less than a year after acquiring the former Paramount Towers in Cape Town's Claremont node as part of its purchas…