The Durban Point Development Company has released a 15ha tract of land to the market in a move that should catalyse further development of the waterfront.

The mainly critical views and experiences of the market, regarding the current planning regime in Johannesburg, are incorporated in our second article on this subject .

The SA Council of Retailers, a national retailers association set up to protect the interests of the independent South African retailer, is fighting what it calls the unfair treatment smaller retailers receive at the hands of shopping centre landlords, compared with major established interests.

South Africa's Competition Appeal Court has dismissed an appeal brought by Old Mutual Properties, a subsidiary of financial services giant Old Mutual plc (OML), against the Avalon cinema group, in which it was seeking to set aside two procedural decisions of the Competition Tribunal.

Food, clothing and household goods retailer Woolworths Holdings has embarked on a long-term project to refurbish and modernise its 120 stores around the country to prevent its widely-recognised 10-year-old oak-fitted store design from looking dated.

The Durban Point Development Company has released a 15ha tract of land to the market in a move that should inject about R500m into the local economy and catalyse further development of the long-awaited waterfront.

The Seven Buildings Project will transform the mostly poor residents of the combined 400 slum-style apartments into joint owners of their buildings in a collective housing scheme.

Clothing retail group Foschini would join the trend and move into Durban's Gateway shopping complex by opening five stores in October, said Neville Budge, the group property director of Foschini.

INTERNATIONAL and local investors are flowing back into the commercial property market in Cape Town, according to Chris Immelman, who heads the broking division of Golding Commercial Properties.

Fallout will affect SA's industrial and retail sectors, and especially the problematic office market.