Commercial space in prime hubs in Cape Town’s popular Southern Suburbs is in demand, with retail hotspots in Claremont – close to Cavendish Square, Claremont CBD and the railway station highly sought after

First National Bank today officially opened Willowbridge Place, a new office development in Cape Town’s northern suburbs.

Various cities across South Africa are planning to lodge civil damages claims against construction firms involved in the development of their respective 2010 FIFA World Cup stadiums.

Much-talked-about multimillion-rand Cape Town International Convention Centre expansion looks set to be delayed as the City of Cape Town investigates the centre’s procurement processes relating to the contract for the project design.

Cape Town is set to host this year’s much-anticipated Investment Property Databank (IPD) Property Investment Conference in July as property investors from across Africa gather to assess the sector’s prospects.

Ascension Properties (AIA) has bought Atterbury House in Cape Town‚ which includes the property and buildings known as Shell House and Ovenstone House from Atterbury Investment Holdings (AIH)‚ the company said on Wednesday.

Today saw the official launch of the Rugby development by the City of Cape Town, Nedbank and developer, Inframax.  

The investigation by public works of "prestige" projects such as the renovation of ministerial houses has been extended to Cape Town where about R100m was spent on renovating 11 ministerial houses‚ Public Works Minister Thulas Nxesi said Tuesday.

Office vacancies in the various nodes included in the Q1 2013 SAPOA Office Vacancy Survey show little change to the previous quarter’s figures. 

The City of Cape Town is placing a number of its properties onto the market to stimulate economic development, deputy mayor Ian Neilson said on Monday.