Mitchells Plain Promenade rocks
The unveiling of the R500m extension to Mitchells Plain’s Liberty Promenade shopping centre yesterday was just one step in Liberty Properties’ plan to diversify its exposure from Gauteng. The comp…
Commercial Property News
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Boutique wine farm in Stellenbosch to be auctioned
Eaglevlei Wine Farm, a boutique wine farm in Stellenbosch, will be sold as a going concern during next month's multiple auction event on December 6.The property is prominently situated in the heart o…
Lion's Head property development turned down
The provincial authorities have turned down a development proposal for a three-story block of luxury flats on the slopes of Lion's Head in Tamboerskloof because it would have destroyed vegetation which is unique…
'Joburg billing plan disappointing'
The City of Johannesburg's plan to improve its revenue management service was a disappointment, the Democratic Alliance said on Wednesday. The three phase roadmap, announced on Tuesday, was of little substa…
Cape Town Convention Centre expansion plans under way
The Cape Town International Convention Centre (CTICC) is to expand towards Artscape and not take over Customs House as originally envisioned, following the signing of a land deal with the provincial government an…
District Six claimants to comment on property development plan
In just over a week, District Six claimants and the public will have their say on the final redevelopment plan for the area - and get to see its proposed layout. The plan received the final stamp of approva…
Cape Town firm in rejecting Princess Vlei property development
The proposal to build a shopping mall at Princess Vlei has garnered renewed support, but was still rejected by the City of Cape Town yesterday. Last month, the spatial planning, environment and land use man…
Rebosis plans big acquisitions
Rebosis Property Fund, which on Monday posted a profit six months after listing, plans several big acquisitions in the coming months.In an interview its CEO Sisa Ngebulana told Moneyweb the property fund is l…
R40m revamp for Jewel City
The regulatory diamond board south of the Johannesburg CBD has a new 2 480m² home within the Jewel City node which will add a retail component to the precinct by the beginning of 2012. The refurbishment has cos…
Vukile acquires R1.5bn portfolio from Sanlam
Johannesburg, Nov 14 (I-Net Bridge) - Property loan stock company Vukile Property Fund (VKE) is to acquire a portfolio of 20 properties, worth nearly R1.5 billion, from Sanlam Life Insurance. The acquisition…