Growthpoint Properties is in the driving seat of motor showrooms Commercial City, a 14,000sqm retail warehouse centre in Strijdom Park, Randburg, has undergone a substantial upgrade by owners Growthpoint Properties Limited to accommodate the flagship...
Transnet Group‚ the state-owned ports and freight company‚ will invest R33 billion in its Transnet Port Terminals (TPT) business unit‚ with the bulk of this investment being spent on the multiple commodity terminals of Richards Bay and D...
MURRAY & ROBERTS Western Cape is on track to complete the construction of the new R300 million Willowbridge Place office development by the end of this year. The new development is located on the corner of Old Oak Road and Carl Cronje Drive, Tyger Val...
Chatsworth Shopping Centre in Durban, which is owned by Sanlam Life Insurance and managed by JHI Properties, was recently globally acknowledged for a community project initiated by the centre management to raise awareness among schoolchildren of the serio...
The building trades may still have been disappointed by 2Q2012 realities, with activity levels rising but perhaps not close to what was hoped for, as reflected in the FNB/BER building confidence survey reported ten days ago, but this doesn’t m...
Africa's auction authority, Aucor, has announced the launch of Aucor Property, a standalone division within the group that specialises in the sale of commercial, residential or legal property through either public tender, private treaty or auction, to off...
Work is well under way on the site of the new mixed-use development, Beacon Rock, situated in a prime location at the entrance to uMhlanga village near Durban on the KwaZulu-Natal north coast, reports Elwyn Schenk, area principal for Pam Golding Propertie...
Land Equity Investments (Pty) Ltd, which is a South African based privately held property investment, development and private equity company has rece...
PHILADELPHIA - There’s a saying, popular among taxi drivers, that when days are dark, friends are few. With apologies to the originator of this excellent bit of folk wisdom, I would add that when da...
OHANNESBURG – Estate agent heavyweights, Seeff Property Services and Herschel Jawitz Properties have welcomed the gazetting of the Property Charter by Trade and Industry Minister Rob Davies last week, saying it will go some way in promoting transfor...
Surprisingly, says Jason Lee, Rawson Commercial National Manager, the "obvious" advantages of investing in property are often not fully understood or appreciated by a wide range of people, even though they may have been highly successful in other fi...
JOHANNESBURG – In recent months an increasing number of business leaders have stated their intentions of expanding into our northern neighbours, citing improved growth opportunities among reasons fo...
Newly JSE-listed Ascension Properties loan stock company CEO, Ashraf Mohamed, says the business is aiming for a market cap of between R8bn and R10bn at a rate of acquisitions of a billion rand annually over the next few years. Ascension currently has a...
Mvelaphanda’s proposed acquisition of Avusa (JSE:AVU) will not result in any asset stripping. The initial focus will remain on the continued improvement of efficiencies and the reduction of complexity.
Sentiment from commercial brokers within the Western Cape’s Northern Suburbs region is positive. “Requests for larger, better quality industrial premises from 1500sqm upwards are on the increase as businesses look to take advantage...
Making further inroads into the Zimbabwean market, JHI Properties is to manage the property portfolio of a new, unlisted property investment fund, Ascendant Property Fund (APF), which is acquiring 15 properties in three Zimbabwean cities from corporate ve...
The increased vacancies and debtors of the last few years has resulted in asset managers and property managers working more closely together to not only ensure that the day to day cash flow of properties is protected but also to look for income adding opp...
AS the only office dominated property fund listed on the JSE Limited, Vunani Property Investment Fund (VPIF) is performing well in particularly tough trading conditions with annual compounded growth of 34.4% over the past five years. “We have achiev...
A prominent and well positioned site on the corner of Summerley and Main Roads in Kenilworth, Cape Town, is being redeveloped into a prime AAA grade commercial property which is expected to act as a catalyst for urban renewal in the area.
Against a backdrop of sobering global economic factors, which include the ongoing European debt crisis and slowdown in China’s economy, the local manufacturing sector in South Africa appears to be maintaining a positive outlook which has spin-offs f...
CAPE TOWN- Auction Alliance suffered a setback in its attempts to prevent the Estate Agency Affairs Board from interrogating its financial and other records on Monday. This was when Judge Willem Louw of t...
Several questions have been raised over the viability of the City of Tshwane’s plans to construct “the tallest building in Africa” in Centurion, situated between Pretoria and Johannesburg.
The third and final phase of Central Park, an 18 000 square metre low rise office park situated around a village green at Century City, is to be launched shortly.
This follows the successful completion of the first two phases of th...