The 2010 National Budget is not expected to provide significant stimulus for the fragile South African property market in the short run. Yet, it does provide an industrial policy direction that has potential in steering the course of the property sector in the longer term

Redefine Properties has outsourced its property management to a specialist property management company.

Property loan stock group Fortress Income Fund listed on the main board of the JSE today

In a quest to help its members cope with the challenges of becoming energy efficient, The South African Property Owners’ Association (SAPOA) – representing the commercial and industrial property industry - has embarked on a national educational roadshow.

It has not been an easy time. Global economies have been buffeted by three significant events leading to an economic slowdown toward the end of first quarter 2008..

A synopsis of four African Markets

While Statistics SA reports that building plans for close to one-million m2 of new retail space were passed between January and November last year, indications are that new developments could slow

Demand for industrial property has increased dramatically in recent times on the back of a buoyant economy. The tremendous shortage of factories and warehouses, old or new, has led to rising land prices and rentals unlike anything seen for many years

From a national perspective, office space in all of South Africa’s major business centres is at a premium. With limited speculative development in the past five or six years, most excess good quality stock has been taken up and landlords find themselves in a favourable position

The purchase of the entire Prima property portfolio by ApexHi Properties Limited has been unconditionally approved by both ApexHi unit holders and Prima unit holders, as well as the Competition Tribunal.