Yet another disused site on the foreshore of Cape Town’s central business district (CBD) looks set for redevelopment.
The Cape Town City Council’s current revaluing of residential property has, as previously, resulted in his property group being flooded with questions from the general public as to the accuracy and reliability of these rates – and, in many cases, the policy on which the Council appears to be working.
The low interest rate environment and slow growth in property prices make it a good time to buy from a value and affordability point of view.
Nedbank has provided the Improvon Group with a R192 million loan to develop an exceptional, upmarket industrial park called Gosforth Business Park in Gauteng, which will set new standards in the sustainable building and development industry.
The City of Cape Town, trade unions and a host of civil society organisations opposed Eskom’s request for an average annual increase of 16 percent over five years at Nersa’s hearings on Eskom’s tariff application.
CBD regeneration and the development of the frequented landmark Biscuit Mill Development has had a great influence on property values in Woodstock, Cape Town.
Savvy property investors and parents of some of South Africa’s top university students are spearheading a mini property boom in one of Cape Town’s most established suburbs, in the wake of a shortage of affordable top-end accommodation in the city’s leafy Southern Suburbs.
Synergy Income Fund has recently enhanced its management structure by bringing its full property management operations in-house.
JSE-listed Emira Property Fund is seeing a pick-up in prospects as a result of certain letting and sales activity across its portfolio.
When assessing the latest SAPOA Office Vacancy Survey figures for the 3rd Quarter of 2012 in Cape Town, certain changes to the survey must be taken into consideration, according to Dave Russell, a director of Baker Street Properties.

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