Johannesburg - The industrial development zone (IDZ) in the Eastern Cape's second-largest city, East London, is well advanced, with two tenants already signed up and seven deals worth between R3 million and R3.5 billion under negotiation.
Pretoria - ApexHi, the JSE Securities Exchange-listed property loan stock company, has acquired six new properties in Port Elizabeth worth R45 million, boosting the value of its portfolio to R1.925 billion.
The marine tender for construction of Ngqurha is to be issued tomorrow.
Critics of the plan say it is a gamble and would remain a colossal white elephant, an argument that angers Alec Erwin.
A German company is planning to invest in a condom factory in Coega, as part of the R43bn arms offset deal.
Ferrostaal is understood to be among investors
Management says new report is rehash of old, flawed reports.
Port Elizabeth - The Coega Development Corporation (CDC) is expected to sign an agreement with Pechiney, the French resources giant, before the end of November.
Flat rentals have maintained an upward trend in the past few years due to an insufficient supply of new rental stock, says the latest report of property services and consulting company Rode.

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