GO!Durban the eThekwini Municipality’s new integrated rapid public transport network, which is poised to provide a world-class solution for the City’s future public transport needs, has reached a number of significant milestones in 2015.
A landmark new R157 million green office development by Growthpoint Properties in Umhlanga’s booming Ridgeside precinct is nearing completion and has become Durban’s first 5-Star Green Star SA rated building.
Often perceived as the poor, forgotten neighbour of the prestigious Sandton, the township of Alexandra is set to elevate itself closer to “the richest square mile in Africa” with the commencement of construction of its own fully enclosed regional mall.
Bridge City, a key link in KwaZulu-Natal’s rapidly developing Northern Growth Corridor, is attracting entrepreneurs and new entrants into the property development space thereby helping grow the regional economy and uplift surrounding communities.
Work is now underway in earnest at Sun International’s latest project – a major development in Pretoria’s eastern suburbs.
Property development and investment group, Ingenuity Property Investments Ltd, grew its asset base by 20% in the year to end August 2015 with its investment property portfolio increasing to just over R3billion (2014: R2.5billion) and investment property under development to R247million (2014: R183million).
The Department of Trade and Industry (dti) has announced that Sector Charter Councils in South Africa now have until 15 November to submit their updated and aligned sector codes to the Minister of Trade and Industry (Minister) for approval, and that all existing sector codes that have not been submitted by this date will be repealed.
Waterfall’s Distribution Campus has been chosen as the site for the future headquarters of leading African industrial group, Torre Industries’ Torre Lifting Solutions division.
Waters Edge, a new high-rise residential development of 144 apartments overlooking the spectacular 16ha Intaka Island wetlands reserve and surrounding waterways, is being launched at Century City by Rabie Property Group.
Competition Commission refers the last case arising out of its investigation of bid rigging in the construction sector to the Competition Tribunal.

eProperty News is a leading online commercial property marketplace serving the Southern African Investment, Office, Retail and Industrial property and allied sectors.