The commercial property market has leapt into action early this year and is gearing up for a period of active trading
Despite fears that Soccer World Cup facilities would be come white elephants, Durban’s Moses Mabhida Stadium is raking in millions.
Listed property unit trust Emira Property Fund has seen an increase in rentals remain flat in the six months to December.
KAP International said that its Feltex Holdings has agreed to dispose portion of its property, in Killarney, Cape Town, to Steinhoff Properties for R14.775m.
An entire private West Coast beachfront resort in Dwarskersbos, including a 1,2 km stretch of private beach will fall under the Auction Alliance gavel in February
Emira Property Fund is planning to spend a further R130m in the next year upgrading certain of its property assets in Johannesburg, Pretoria and Cape Town.
Auction Alliance has sold another Cape Town, CBD building, with excellent redevelopment potential
Capital Property Fund’s planned acquisition of Pangbourne Properties is expected to see earnings drop 20,87% to 29,66c for the six months to June.
Cape Town entrepreneurs are set to benefit from a new enterprise development initiative being launched to empower SMMEs (small, medium and micro enterprises) in the mother city by South Africa’s largest listed property company
Experts anticipate that the demand for petroleum sites will continue to grow over coming months and the activity seen by eager investors in this sector is proof of this.

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