Ever since the global financial crisis of 2008 the world's advanced economies, that led the way into the crisis, have struggled to get back to their pre-crisis performances.
The economic slowdown has led to a search for growth opportunities. Urbanization is being raised as a possibility for China’s economy.
Africa and other emerging economies are places where property investors should now be looking for real growth in the next decade, but beware the challenges
The Coega Development Corporation has announced that a second manganese smelter is to be built at the Coega Industrial Development Zone near Port Elizabeth, to supply China, the world’s biggest steel market.
The Eastern Cape will get a R2,7bn a year boost with the construction of a R4,2bn manganese smelter in the Coega industrial development zone, but much of the benefit will be limited to the Nelson Mandela Bay metro area.
Without incentives to attract foreign investors, Coega, SA’s premier industrial development zone, may never realise its full potential.
An emerging trend for property investment in China is ‘HOPSCA’, (hotel, office, parking blocks, shopping centres, apartments) and JHI investgates whether they can redirect some of this energy into Africa.
A high-speed rapid rail link is on the cards for South Africa, linking Johannesburg, Durban and Cape Town.

eProperty News is a leading online commercial property marketplace serving the Southern African Investment, Office, Retail and Industrial property and allied sectors.