Strong property fundamentals were continuing to boost retention of tenants with expiring leases in Martprop’s R2,6 billion portfolio, managing director Roger Perkin said today. “The firm demand for quality, well located assets has pegged vacancies in the portfolio at 1,5%,“ he said. “It is also underpinning retention of expiring leases at above 80%. “

Cape Town  Transnet’s property division, Propnet, is negotiating the sale of 127 noncore properties with a book value of R132m and a market value of about R211m to the national housing department.

Hyprop Investments is pulling out of bidding for the Victoria & Alfred (V&A) Waterfront.

'Argent will now attempt to double its 2006 turnover by the 2009 financial year'

Global construction material producer Lafarge has firmed its foothold in the booming Garden Route construction market.

Millpark Centre in Milnerton will be sold by public auction on the 22nd June at the Arabella Sheraton Hotel in Cape Town.

A prime property utilised as a successful guest lodge and situated in a prime location in Cape Town's exclusive Milnerton Ridge suburb, is soon to be auctioned by Pam Golding Commercial Auctions.

A property comprising a café, plant nursery and flat and situated in busy Koeberg Road in Rugby, in the burgeoning Milnerton area of Cape Town, is soon to be auctioned by Pam Golding Commercial Properties.

THE handiwork of Group Five can be seen on some of the more notable building projects currently underway in the Cape Town metropole.

Goverment’s proposal for 20% of new residential property developments to be set aside for low-cost housing has raised a number of questions and challenges for developers.