The first-phase upgrade of East Rand Mall taxi rank in the retail heart of Boksburg, Ekurhuleni, by the mall’s co-owners, Vukile Property Fund and Redefine Properties, will soon be complete.
Gauteng roads and transport department is looking for investment partners for its plan to build an aerotropolis at OR Tambo International Airport.
FNB Commercial Property Finance alongside partners Kiron Projects launched the Windmill Park Project in Boksburg, an affordable housing estate which caters for a wide spectrum of the housing market.
Worthy organisations located in the region could benefit from the centre's Balela innitiative
The 32-storey hotel, with a gross lettable area of 26 093m² and 566 self catering units earning a rental income of R30m a year, is geared for student accommodation.
'A positive spin-off of this situation is that sellers are becoming more realistic about pricing their properties, and are no longer expecting unachievable prices'.
Some interesting properties including three game lodges come under hammer but auctioneer doubts sellers will find bids acceptable.
The flourishing industrial and commercial property market and the growing popularity of auctions has resulted in an increasing number of properties coming under the hammer, urging Aucor to consider holding two multiple auctions a month.
Property loan stock company South African Retail Properties, which hasa property portfolio worth nearly R1,1bn, including 27 shopping centres,has increased its distributable income to unit holders.
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