Fortress Real Estate Investments (Fortress) is proud to announce that Vanguard Logistics has signed a 10-year lease for a new 13,000m² warehouse on Pocket 5B at Clairwood Logistics PaVanguard CFS took occupation of their new warehouse on 1 October 2024.
Real estate consulting firm, JLL, has released its South African Q4 2017 market reports for key markets across the country, including the office markets in Johannesburg, Durban and Cape Town; the industrial markets in Johannesburg and Durban; and an outline of the South African retail market.
Construction of the R3,5 billion Clairwood Logistics Park will begin within the first quarter of 2016, creating much needed employment and business opportunities within the South Durban Basin.
Capital Property Fund share price closed almost 1% higher at R10.42 on Wednesday after the fund reported growth in distributions for the six months ended June at the upper end of its initial forecast, and also revised its full-year guidance upwards.
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eProperty News is a leading online commercial property marketplace serving the Southern African Investment, Office, Retail and Industrial property and allied sectors.