Mvelaphanda Properties heads for success with its first project.

PICK 'n PAY has opened its first ever store in the Cape Town city centre.

The 'Town Center' has been sold by Golding Commercial Properties to a substantial property owning business for almost R10 million.

CANAL WALK, which is rapidly establishing itself as the premier retail centre in the Western Cape, is showing year on year growth of approximately 25%.

Ari Efstathiou is another developer in Cape Town's northern suburbs who is defying his critics. He has bought the 23 000 m² Brackenfell shopping centre and is expected to spend R30m redeveloping it.

Pretoria is experiencing growing demand for office space, unlike Johannesburg, Cape Town and Durban

The Mandela Development Corridor (MDC) in central Pretoria will create a turnover of R1,8-billion a year for this inner-city area, as well as 9 000 job opportunities.

BEARING FRUIT IN ALEX River Bank, a suburb of Alexandra township just outside Johannesburg, could be a model for urban renewal in SA.

Link is expected to reduce traffic, especially on the Ben Schoeman highway

Johannesburg is losing R1,2 billion nett in terms of excessive office vacancies and depressed rentals - both office and retail space – as a result of hawking, says Neil Fraser, executive director of the Central Johannesburg Partnership (CJP).