Private sector real estate investment in the suburb of Richmond Hill in Port Elizabeth is rising on the back of ongoing regeneration projects, with a record 68 percent of businesses and 34 percent of home owners making improvements to their properties in 2014. 

A strong pick-up in demand for offices in the Southern Suburbs has seen the developers push the button on the entire R80 million phase two of the Greenford Office Park development bordering the Kenilworth Race Course.

Much-talked-about multimillion-rand Cape Town International Convention Centre expansion looks set to be delayed as the City of Cape Town investigates the centre’s procurement processes relating to the contract for the project design.

A new 800 m2 office block, which forms part of the second phase of the hugely successful Greenford Office Park adjacent to the Kenilworth Race Course, is nearing completion.