THE City of Cape Town would spend R6,2bn on capital projects over the next year, with the aim of making the city more attractive for foreign investment and to stimulate economic grow...
FURNITURE retailer Coricraft is moving into an expansion phase, and plans to open six stores this year and another three in the first quarter of next year. MD David Jacobson said yes...
Foschini Group intends to expand its operations by 120 stores in the coming year so that it will be well placed when the upward trend in the retail cycle returns. While Doug Murray, ...
Thursday's one-percentage-point cut in interest rates, announced by Reserve Bank Governor Tito Mboweni, is good news for many. It took the main mortgage and prime rates of the banks ...
The phased occupation of a R300m office park in Modderfontein in the east of Johannesburg is well underway with the 13th building in the development nearing completion. The new 2,500...
Fashion and homeware retailer Mr Price Group on Wednesday reported a 16 percent rise in full year diluted headline EPS, but said it expected trading conditions to be challenging. The...
THE huge investment in new hotels in SA may be peaking, with few new hotels likely to be commissioned ahead of next year’s 2010 Soccer World Cup, Andrew McLachlan, business dev...
A 139,000sq m industrial park with 10 erven has been launched in Potsdam Road in Milnerton, Cape Town. The erven range in size from approximately 10,000 to 25,000sq m and are very co...
SASSI is developing a new R40m state of the art facility on a site in Tokai. SA Self Storage Investments ("SASSI"), the fastest growing self storage company in South Africa...
The Ekurhuleni Metropolitan Municipality is to construct a Welcome Village to greet tourists as they arrive at OR Tambo International Airport. OR Tambo is expected to be one of the m...
Alliance has been attracting leading bankers to build its financial services offering, with the recent appointment of a former main board director of Investec Bank. South Africa's le...
Vukile reports a 9.5% increase in net profit for distribution for the full year. Property loan stock company Vukile today reported a 9.5% increase to R289.9 million in net profit ava...
The hammer will fall on an entire commercial Cape Town building on Tuesday 26 May 2009 at 12:00.
It is situated at 31 Victoria Road in "Westside" Camps Bay and house...
Major road works taking place on Gauteng's highways and other busy arterial routes are due to be completed by April next year. "The first part of the work should be completed by...
Media Statement by Ben Kodisang, MD of Old Mutual Investment Group Property Investments and Chairman of SA Corporate Real Estate Fund
May 25, 2009: Upington lands aircraft park
Providing a safe haven for the world’s surplus aircraft could be a bonanza for sleepy town. Upington’s hot, dry climate could be a windfall for its fiscally challenged in...
Famous Brands is developing a new business model — called Theatre of Foods — for a foray into upmarket restaurants. “It’s a segment of the market that is almo...
Basil Read, the listed construction company, is set to acquire a building company based in Johannesburg and Pretoria that will double the size of its own building division in a trans...
Construction of the Gautrain airport station is well advanced, and it's most likely that the airport route will be ready to receive and shuttle 2010 fans to Sandton come June next ye...
Emira Property Fund's decision to upgrade its aging, but well-located Granada Centre in the Umhlanga CBD has paid off by attracting prime food retailer, Woolworths, as the centre's n...
The global financial crisis had affected most of Investec's competitors in the UK, presenting "amazing opportunities" for the private and investment bank, group managing di...
Infrastructure projects, Gautrain and 2010 buoying big players, writes Bheki Mpofu. SA’s bigger construction companies seem to be holding their own at a time when other sectors...
ESKOM had signed a R6,1bn loan agreement with seven European banks to fund part of the Medupi boiler contract, the power supplier said yesterday. The loan agreement is part of Eskom&...
CLAREMART Auction Group will soon sell the building that houses one of Cape Town’s most frequented seaside restaurants. CEO Jonathan Smiedt says the landmark site — which...
Transnet Port Terminals is preparing for the next boom by creating additional capacity at Richards Bay, even though cargo volumes have declined. It is continuing with its R800 millio...
CIVIL engineering and construction company Stefanutti Stocks more than doubled its revenue and net profit for the year to February, boosted by strong organic growth and its successfu...
The city block on Strand Street which housed the famous 81-year old Phoenix Hotel is set to be auctioned on Wednesday 20 May 2009. The bankrupt developer, Goalpost Investments 1 (Pty...
Sited directly on the beachfront, this three level complex has been designed around six internal wind-free suntrap courtyards. Raymond Ackermann, Chairman of Pick ‘n Pay, has o...
In a bid to gear up for the 2010 Soccer World Cup, the Avis group is creating a turnaround facility in close proximity to the Cape Town International Airport. The facility will inclu...
Growthpoint properties has entered into an agreement to acquire a controlling stake in Australia's Orchard Industrial Property Fund (OIF). Growthpoint Properties Limited today announ...
