The JLL South Africa Q3 2015 research report notes Johannesburg office vacancy rate declined to 11.3% from 12.4% in Q3 2014.
Stor-Age offers a compelling investment case for income chasers looking for an alternative to office, retail or industrial focused real estate offerings.
Tsogo Sun is still betting big on a consumer spending upturn, investing R1bn on revamping its properties.
Buyers snapped up 106 of the 144 apartments in Waters Edge, Rabie Property Group’s latest residential development at Century City, for a total value of R256,6 million at its launch last week.
Rosebank’s first food court, a 2 000m2 indoor food emporium on the first floor of The Zone @ Rosebank has opened. It offers panoramic views over western Johannesburg, and a balcony on Oxford Road.
Even with the sixth highest number of shopping centres of any country in the world, there are still huge opportunities for more retail centre development in South Africa.
The City of Cape Town, in partnership with Eskom and the South African Property Owners Association (SAPOA), launched Cape Town’s Energy Efficiency Forum (EEF) in 2009 to assist commercial buildings and operations in improving their energy efficiency.
Attracting over one million shoppers each month this year, Eyethu Orange Farm Mall has built a strong, successful trading record since it opened a year ago, on 28 October 2014.
Real retail sales growth for September continued to record a reasonably healthy growth rate under the weak economic circumstances.
The Royal Institution of Chartered Surveyors (RICS) has announced the appointment of Benjamin Manu as the new regional manager for West Africa.

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