A technical recession and low investor confidence has produced a seven-year investment low in the commercial property market.

Amdec Group announced that the first phase of 60 residential apartments at The Yacht Club had been completely snatched up in just under three working days.

Tembisa Mega Mart development in Gauteng has a new buyer in the form of Delta Property Fund‚ after a previous deal to acquire the township mall failed.

Department of public works spends over R3bn a year leasing office space in privately owned buildings on behalf of national government departments.

Philip Morris South Africa (PMSA) has relocated its Southern and Central Africa Head Office to a new "green" building, No 3 Bridgeways, at Century City which has been developed by the Rabie Property Group.

A commercial property in the Johannesburg South, comprising of warehouse and office space, will be offered during an upcoming Commercial Multiple auction

A fully let commercial property in the Krugersdorp CBD, comprising both retail and office space, will be brought to auction by Auction Alliance during its upcoming Commercial Multiple Auction to be held on July 26

Two prime Cape Town Northern Suburb properties with retail and office space will be offered on the auction floor

Friday, 06 November 2009 02:00

‘Strong’ commercial property up on offer

Avile Row Auctions’ property sale at the end of this month at Summer Place in Hyde Park will bring a strong commercial property portfolio to the market, with properties on the East and West Rand going under the hammer.

Friday, 10 October 2008 02:00

Office space is a safe investment

Prospects for the business property market are looking brighter than before.

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