Demand-side management initiatives to be introduced by Eskom shortly could lead to significant reductions in property operating costs, says Richard Murphy, head of the facilities management division of Old Mutual Properties.

Tuesday, 10 December 2002 10:01

Old Mutual buys Link Centre.

Old Mutual has bought The Link shopping center in Claremont, Cape Town, from Momentum Group Ltd for R67-million, the company announced.

Monday, 10 February 2003 10:01

Construction company lands four contracts.

Neil Muller Construction has contracted four significant projects in Cape Town with a total value of R38.6 million, which will run through to the middle of the year.

Construction IndustryEach of the four projects is repeat business that was awarded by previous clients. The first project began construction on January 24, and consists of the extension and alteration to the distribution warehouse of Fruitair, an exporter of perishable and non-perishable food products.

The warehouse is situated in Freedom Way in Montague Gardens, and the R6.2 million project will be completed in June this year.

The company was also awarded a R15.7m contract for Old Mutual Properties for the extension of the distribution warehouse of TFD Network Africa, in Phumelela Park, Montague Gardens.

TFD Network Africa is a logistics distribution company for food products. Construction will also run until June.

Neil Muller Construction was also contracted for the construction of phase four of the Store-All mini-storage facility in Pickwick Road, Woodstock.

The six-month contract will also begin this month Following the completion of phase one of the Nestle production facility in Stikland, Bellville, last year, NMC has been awarded the R12.9m contract by Lyons Properties for phase two.

Wednesday, 16 October 2002 02:00

Temptation time for top tenants.

Due diligence vital in making choices.

Wednesday, 17 July 2002 10:01

Disagreement over office property scene

Supply is outstripping demand by an average of 60% and the situation will persist with lax planning, says researcher Property Editor OLD Mutual Properties MD Ian Watt has criticised property services company Rode for what he says is an over-optimist...

Friday, 08 February 2002 03:01

Lease renegotiation for Sun

Corporate Real Estate Services, a division of Old Mutual Properties, has saved Sun International R1 million through renegotiation of a lease on its Cape Town offices.

Tuesday, 13 February 2001 03:01

Emerging black business flocks to the CBD 19

An increasing number of new black-owned business enterprises were opting to set up shop in the Johanneburg CBD, Kendal Probert, an Old Mutual Properties portfolio manager, said at the weekend. 

Thursday, 31 May 2001 02:00

Name of the management game changing

Cape Town's commercial landlord game has changed radically in the last five years. CBDs, once the only position in town, has become the place not to be. The priority busy corner, on a trunk transport route, has shifted to building in the veldt and away from the main trunks. In the process CBDs have died and main roads have been abandoned for emergent nodes like Durbanville Hills, Century City et al.

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