Investing
Vicinity of Cape Town International Airport popular among light industrial users
Underscoring the importance of accessibility of location, a fully tenanted, light industrial property in prime position in Airport Industria, close to Cape Town International Airport, was sold for R6.25 million by JHI Properties. ... Full story
Nedbank takes equity stake in Olievenhout Plaza
Nedbank Corporate Property Finance once again has demonstrated its commitment in the growth potential of the retail sector by not only providing finance to a new retail development called Olievenhout Plaza, but its investment arm has acquired a 25% equity stake through a partnership with emerging market pioneer McCormick Property Development.
Listed Property Sector Recovery Continues to Strengthen
South Africa’s listed property sector continued its recovery and was up 5.3% for the month by 26 November.
SA Commercial and Industrial Property sectors set to face challenging times in 2013
As the end of a particularly challenging 2012 approaches, stakeholders and participants in South Africa’s commercial and industrial property sectors should probably be checking that the hatches are still firmly battened down in preparation for an equally challenging 2013.
Nedbank invests in development of thriving Jet Park
Nedbank adds value to the established and thriving commercial area of Jet Park near OR Tambo Airport in Johannesburg with a R45 million loan to GRWJET Park Investments (Pty) Limited for the development of office and warehouse facilities.
Liberty and Pareto announce R450 million revamp of landmark Sandton building
Liberty Holdings and Pareto have approved the R450 million investment for the refurbishment of the iconic Sandton Twin Towers office complex situated on 5th Street in Sandton CBD.
R170 Million Lephalale Mall opens in Limpopo
The R170 million Lephalale Mall opened today, bringing the long-awaited convenience of one-stop shopping to this growing Limpopo town.
Diepkloof Square shopping centre opens doors to the Public
Soweto will enter a new era of convenient, quality retail when Diepkloof Square community shopping centre opens, fully let, on 29 November 2012.
Liberty Properties invest R7-million Taxi Rank upgrades at Eastgate Shopping Centre
Residents in the Eastern suburbs of Johannesburg are set to benefit from the newly opened and modernised Taxi Rank following an investment of R7 million by Liberty Properties at Eastgate Shopping Centre in Bedfordview.
Landlords Market Set to Take off Again
Commercial property rentals have stabilized after the fall out of the global recession, however - given on-going global instability they are expected to remain at current levels for the short term.
Landlords play Father Christmas
With the continued sluggishness in the commercial property market landlords and property owners are more frequently thinking out of the box by coming up with unique ways to attract tenants.
R650 million Dipula private placement oversubscribed
JSE-listed property company Dipula Income Fund today announced the results of its significantly oversubscribed private placement of R650 million in new capital for the fund.
Dipula acquires three retail properties for R268 million
Continuing its aggressive portfolio growth, Dipula Income Fund today announced it intends to acquire three retail properties for R268 million.
SAPOA wins Appeal against Joburg Property Rates Increase
The Supreme Court of Appeal (SCA) of South Africa declared Johannesburg’s 18% rates increase made by the City of Johannesburg on business, commercial and industrial properties unlawfully and irrational.
Octodec and Nedbank partner to provide valuable Pretoria upgrades
Nedbank has provided a R100 million loan to Octodec Investments Limited for the development of Tiny Town Phase II in Arcadia and Cambridge Shopping Centre in the Pretoria CBD, once again showing its commitment to the listed property sector.