Despite rapid globalisation with investment funds flowing across borders and money pouring into constructed assets, the construction profession has until now, lacked a common language and framework for classifying and reporting construction costs.
Landmark property development projects from Atterbury, the leading South African property developer and investor, once again featured heavily among the winners of the coveted South African Property Owners Association (SAPOA) Awards in 2017.
It is official. Century City Square, the new all-green commercial and hospitality hub of Century City, is South Africa’s top mixed use development.
In the wake of the heartbreaking fire tragedy, which in the Knysna Municipality alone saw not only the loss of life but some 739 homes either totally destroyed and a further 280 damaged, (source Knysna Municipality Fire Disaster Damage).
Stuart Chait, Executive Chairman of Land Equity, a South African based privately held property investment, development and private equity company, has called on government to back Black Economic Empowered (BEE) property developers by making access to funding easier.
National property developer FWJK Developments has secured the rights to develop a new 70 000m2 sectional title P-Grade office skyscraper in the Sandton CDB to the tune of R2bn according to Rhys Rocke, regional director of FWJK.
Kindlewood and Izinga – two ground breaking residential developments to the north of Durban – are sold out, according to Mondli Msani, Development Manager of Tongaat Hulett Developments.
FWJK Developments has already completed 24,000m² of mini factory units in two industrial park developments at Cornubia known as Boulevard Business Park and Sugarstone Business Park.
New York, San Francisco, Zurich, Hong Kong and London top the league table of the most expensive places to build.
FWJK Developments has announced the go ahead of its seventh A Grade office block at Ridgeside, Umhlanga to be known as Ridge 7.

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