Investing
Demand for small to medium-sized Industrial space increases
There is a demand for small to medium-sized industrial space, a trend which started to emerge early in the year – and which seems to be picking up momentum. ... Full story
R500m finance deal underscores Nedbank's commitment to Listed Property Sector
Vividend Income Fund’s (Vividend) recent acquisition of the R790 million Vusani portfolio, financed by Nedbank Corporate Property Finance, has reaffirmed the bank’s position as the market leader in the commercial property finance industry.
Regus Opens First Centre at Centurion
The opening of a Regus business centre at Centurion, near Pretoria, creates a new growth opportunity for businesses in South Africa.
SA's latest Industrial policy attracts investment
The latest version of the Industrial Policy Action Plan (IPAP) will see the Industrial Development Corporation (IDC) investing R102 billion in IPAP sectors in the next five years, Trade and Industry Minister Rob Davies said on Monday.
V&A Waterfront reports robust trading period
The Victoria & Alfred Waterfront says trade in the last six months has been exceptionally strong, with retail sales growing by approximately 18% year on year (y/y).
Nedbank Finances Shopping Convenience in Elim - Limpopo
Following the approval of a R175 million finance deal by Nedbank Corporate Property Finance, the more than 80% of people within the Elim catchment area who currently shop in other cities, will soon enjoy shopping convenience on their doorstep.
Leading chemical group — BASF relocates to Century City
BASF, the world’s leading chemical group, is relocating its Cape Town offices to Century City.
Landlord SLA: fantasy or necessity?
What do you do when your aircon doesn't work for 6 months and the landlord, a nice enough fella, just can't deliver cool air?
JT Ross responds to corporate logistics demand with Plumbago Business Park
Plumbago Business Park is fast emerging as the premier business park on the Gauteng East Rand node positioned just 5km away from O.R.Tambo International.
Growthpoint buys Alberton City stake from Liberty Properties
Liberty Group Properties on Wednesday confirmed the sale of Liberty Group Limited's interest in Alberton City Shopping Centre to Growthpoint Properties Limited.
National budget ‘neutral’ on a residential property
According to Herschel Jawitz CEO of Jawitz Properties, the National Budget is not quite as ‘neutral’ as previous budgets, especially from a residential property point of view.
Lease deal scrutiny must confront corruption
National Treasury's review of 3,000 government leases is an opportunity to confront the corruption, says the DA MP Dion George.
Demand for large industrial space on the rise in Cape Town
Enquiries for industrial space to let in the Cape Town area have increased, to the extent that there is a great deal of movement in the upper segment of the market, from 1 500-10 000sqm in size.
Budget 2012 is good news for first time buyers, but property transaction costs remain a concern
Although Seeff remains concerned about the impact on the already onerous transaction costs that flow from property transactions, chairman, Samuel Seeff nonetheless welcomed Finance Minister, Pravin Gordhan’s 2012 Budget as responsible; one that sends an overall positive message to the country in light of the prevailing economic uncertainty.
Budget comment towards South African real estate market
"Today's Budget holds out excellent prospects for the speedy improvement of the real estate market and the sustainability of that recovery," says Lew Geffen, chairman of Sotheby's International Realty.