Indian and Russian investors have purchased the balance of the Vista Park suburb of Bloemfontein and will shortly be installing the last of the services for phase 4 in a move that is punted as creating 'an ideal new South Africa suburb'. A vaiety of business and community opportunities also present themselves to investors
Two prominently situated retail properties on Grant Avenue in Norwood, Johannesburg, will be brought to auction during next month’s Commercial Multiple auction on October 27.
An entire Garden Route hotel portfolio went under the hammer in Mossel Bay on September 16 for a total of R43.37 million.
The commercial multiple auction held in Cape Town on August 24, produced excellent results, and revealed a strong investor demand for income producing properties in good locations.
A fully let, commercial sectional title unit, comprising office space, a gym and storage space, will be brought to auction during this month’s Commercial Multiple auction to be held on August 2.
Experts anticipate that the demand for petroleum sites will continue to grow over coming months and the activity seen by eager investors in this sector is proof of this.
As development sites sell for R16.7M, a recurring question being asked in property circles is whether vacant land is still haunting investors and financial institutions, or has appetite returned?.
African Infrastructure Investment Fund 2 has announced its first close with unconditional commitments totalling $320m.
CAPE based civil engineering contractor, Haw & Inglis, has pinned its flag to the future success of South Africa
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