Jean Crossing in Centurion is a brand new shopping centre which promises to bring a refreshingly modern shopping experience to the area.

Jean Crossing in Centurion is a brand new shopping centre which promises to bring a refreshingly modern shopping experience to the area.

Irene is growing into a major business hub that complements Centurion and Menlyn Park's business nodes as development continues in the area.

Tenants are taking advantage of perennially high office vacancies to negotiate favourable long-term leases at low and in some cases, zero escalating rates on rentals

Friday, 12 October 2012 09:42

Fountainhead worth more, say analysts

Property analysts on Wednesday criticised Redefine Properties’ planned acquisition of Fountainhead Property Trust’s R11bn portfolio, suggesting that Fountainhead’s unitholders might be short-changed.

While it has been revealed that the controversial and ambitious Symbio-City project earmarked for Centurion will not be funded out of municipal coffers, detractors are still questioning the rationale behind this project. Like many bold and ambitious projects, some believe it will be detrimental to other stakeholders in the area, as well as nearby office park developments

Tshwane and more specifically the Pretoria CBD, is the capital of South Africa, home to the seat of central government administration

Wednesday, 31 August 2011 02:00

Centurion mixed use facility for sale

Stanex Centre, a prominently situated commercial property in Centurion, which will be auctioned by Auction Alliance on September 28

Strong demand is expected at the Hilton Hotel, Sandton on February 16 when various commercial properties go under the auctioneer’s gavel

Tuesday, 03 November 2009 02:00

Iliad Africa acquisitions get green light

Eugene Beneke, CEO of Iliad Africa Limited, the JSE-listed building materials supplier, confirmed on Monday that the group's acquisition of DOH in the North West Province had received competition commission approval.

Eugene BenekeDOH is the largest and most-established general building materials supplier in the Brits area and fills the trading space for Iliad between Tshwane and Rustenburg. DOH's highly capable and experienced management team have been retained, in line with Iliad's philosophy on owner-managed enterprises.

Beneke says the group is now proceeding with the roll out of a further three general building materials stores in the Tshwane and North West region following on competition commission approval. All well-located, the stores in Centurion and Wierda Park will begin trading end November under the well-established Ferreira's Buildware brand name and the third store in Hartbeespoort will trade under DOH.

The acquisitions are expected to add at least R180 million a year to Iliad's turnover from 2010, broadening the retail presence in its general building materials division.

Beneke also noted that, as reported on SENS recently, the group had indicated its intention to extend its current strategic black economic empowerment (BEE) shareholding arrangement with the Women's Private Equity Fund and Vunani subject to shareholder and regulatory approval.

 

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