The latest research from JLL South Africa shows that the trend in commercial property investment activity in South Africa in the past year has been one of managing risk and avoiding loss in the South African economy, increasing the preference to hold property as opposed to cash reserves.

Investec Australia Property Fund announced a $26.0 million acquisition in one of Perth’s core industrial suburbs, taking the value of the Fund’s total portfolio to $405.5 million.

Various commercial property assets and land will be amongst the quality lots on offer during the upcoming multiple auction event to be held in Sandton on September 28.

Commercial properties in Gardens, Cape Town CBD and Tygervalley are set to fall under the Auction Alliance hammer during the upcoming Commercial Multiple auction on September 27.

Auction Alliance will take two income producing commercial buildings in Belville, comprising office and retail space, to auction during its upcoming Commercial Multiple auction.

Buffalo City Municipality has bought the five-floor Old Mutual building on the corner of Oxford and Terminus Streets for R7,4m.