The South African Property Owners Association (SAPOA) welcomes the approval by the National Energy Regulator of South Africa (NERSA) of the 8% annual increase for electricity.
Durban continues to see a significant move North for its commercial and industrial developments. This poses the question, is this at the expense of the Durban South Basin?
Foreign investors accounted for 67% of all commercial property transactions in Australia in the third quarter of 2012, compared with just 30% in the same quarter the year before.
JSE-listed Emira Property Fund is seeing a pick-up in prospects as a result of certain letting and sales activity across its portfolio.
THE commercial property market will increasingly need to compete against the residential property market for land, according to Francois Viruly, property economist and head of property studies at the University of Cape Town.
The approval of a R59 million finance deal by Nedbank Corporate Property Finance to Keyaborona Shopping Centre (Pty) Ltd will see the small mining town of Bapong in Rustenburg receive an economic boost as a result of the development of a new 10 000m2 retail centre near Rustenburg in the North West province.
While it was generally expected that there would be an uptick in the commercial property sector in the fourth quarter of this year, it seems this recovery will now be delayed until the first and second of next year – at least.
Improvon, a leading industrial and commercial property investment company, reports on prominent, multinational tenants to occupy its flagship development, Montague Park
After more than half a decade of construction moratoriums, Kimberley is once again seeing the start of significant commercial property development thanks to the commencement of construction on the Montrio Corporate Park in the popular Monument Heights area of the city

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