JOHANNESBURG – Germany-based international realtor Engel & Völkers says it’s planning to increase its footprint in South Africa, particularly in Gauteng and Cape Town. The company, which specialises in middle to high end propert...
JOHANNESBURG – Investment manager, Zayd Sulaiman, of Catalyst Fund Managers, says it appears that the hospitality sector might be stabilising, with a slight improvement in occupancy rates in the hotel industry over the last few months. This could bo...
JOHANNESBURG - A mystery “investor” has paved the way for a court to sanction the Sharemax rescue scheme. The scheme, designed to save Sharemax-promoted syndication companies from liquidation, was sanctioned by the North Gauteng High Cou...
Transport and Public Works MEC Robin Carlisle faced a barrage of criticism from thousands of Capetonians who marched along Chapman’s Peak Drive yesterday to protest against the R54-million toll plaza and luxury office to be built on national park la...
JOHANNESBURG – The decision to put the Jorissen Place up for tender was prompted by a recent offer made on the 18-storey high rise in Braamfontein adjacent to the Johannesburg CBD.
Calls for tenders went out on January 17 2012. The struct...
JOHANNESBURG – Around 40% of the upmarket Katherine and West development in Sandton north of Johannesburg has been sold with a further 10% under negotiation. Property development and investment director of Barrow Properties, Paul Barrow, says the bu...
2011 may not have been the sparkling year some big property auctioneers hoped for - but don’t cry for them - the drop wasn’t major. That didn’t apply to all. Some even claimed their 2011 figures eclipsed their 2010 figures.
“To let” signs continue to mushroom in many of SA’s business hubs, creating opportunities for companies to negotiate lower rentals and more favourable terms with landlords when lease agreements come up for renewal.
Cape Town - Civic groups and environmentalists have lashed out at plans to build a two-storey luxury office block on Cape Town's scenic Chapman's Peak Drive, the Cape Times newspaper reported on Tuesday.
So far 2012 is only a few working days old and we are already seeing a bouyant mood in the commercial leasing arena. Compared to last year we have already seen an increase in enquiries and activity of over 30%. In the first week of 2011 we had recie...
LAST year was a tough one for South African real estate and, after three years of trudging through a severe downturn, the year did not present a clear path to recovery. As demand cooled, concern about global sovereign debt rose and weak prospects fo...
