Investec Property Group reports strong growth in the retail sector during

THE R500-million Airport City Industrial Park, launched by Storm Durr last year, has sold well and the developers now have over R16m worth of sales either committed or in the pipeline for the first phase.

Statutory requirements: details of financial intelligence act explained by IEA Estate agents to report suspicious deals GRAHAM NORRIS Property Editor THE estate agency industry now has clarity on what it will have to do to comply with the Financial Intelligence Centre Act.

A new R2,4-million Spar shopping complex on the beachfront was one of 249 building plans approved by the Buffalo City municipality in November, a municipal report said.

E-prop’s Sapoa Online Macro Property Barometer suggests that the cumulative context impacting existing commercial (non-residential) property is negative, but improvements are in the offing.

The SA economy is increasingly being regarded in ‘half-full glass’ terms and filling, rather than ‘half empty’. We believe that for the property market in general (not withstanding certain fundamental risks), a moderately positive economic environment exists into the future.

A FEASIBILITY study to assess the viability of building flats in the Randburg area to provide people with accommodation closer to their work, has been launched, the Johannesburg Metropolitan Council said yesterday.

An investor has offered to buy a group of houses in Southernwood earmarked for a shopping complex already named Monument Park.

One of the more interesting stories on the property side is the way that the hoteliers go about their business.

Owners of existing commercial property could see a significant rise in rentals next year when the oversupply of space has been exhausted, Grayprop MD John Rainier says in the group's latest annual report.