Taking advantage of low vacancies in premier office space and banking on a slowly improving global economy, speculative office developments are starting to rear their heads again after five years of a lull in activity.

SAPOA has welcomed the education benefits that aspiring property professionals will once again enjoy thanks to the reintroduction of the BSC Property Development programme, leading to the Honours Degree in Construction Management and Quantity Surveying, at the University of KwaZulu-Natal.

Vacancies in SA’s stock of premier-grade office space remain exceptionally low, despite high levels of speculative development activity, reports the latest edition of the SAPOA Office Vacancy Survey. 

Resilient Property Income Fund has claimed the overall Investment Property Databank (IPD) Direct Property Investment Award 2013, at the 11th Annual IPD South Africa Property Investment Conference today in Cape Town. 

The South African Property Owners Association (Sapoa) has added it voice to the condemnation of collusion in the building sector.

The Pavilion Shopping Centre in Westville, Durban, announced it has appointed Nisha Kemraj as General Manager of this super-regional shopping centre in KwaZulu-Natal from 1 July 2013. 

Thanks to the persistence of SAPOA and its legal department, the commercial and industrial property sector has won a key battle against illegal land uses in the Northern Province city of Polokwane.

The DPW signs property leases on behalf of government departments, but has never before had a formal discussion with the property sector about issues of mutual interest. 

Friday, 14 June 2013 12:08

Work cut out for SAPOA president

Moving SA’s multibillion rand commercial property industry out of the jurisdiction of the troublesome public works department to trade and industry will be one of Estienne de Klerk’s top priorities.

The South African Property Owners Association (SAPOA) today announced it has a serious concern with government’s amendments to the SETA Grant Regulations.

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