One of the largest motor vehicle showrooms in Germiston will go under the hammer of Auction Alliance this month.
The construction of the first phase of Raceway Industrial Park in Germiston is expected to commence this month (November 2006).
Nineteen buildings came under the hammer at the Auction Alliance multi-property sale in Rosebank last Wednesday, where 50% of the sales were confirmed at the drop of the hammer.
DISPOSAL of noncore property assets has helped focused industrial property fund Metboard reduce its vacancies by about 50% in the past few months.
eProperty News is a leading online commercial property marketplace serving the Southern African Investment, Office, Retail and Industrial property and allied sectors.