A development master plan which recognises the powerful trend towards a sophisticated community-based country lifestyle will see Pearl Valley Golf & Country Estate reach its full potential under the stewardship of new shareholder Standard Bank.

Standard Bank’s new R2.7bn office development in Rosebank joins eight other buildings in South Africa to have achieved a five-star Green Star rating, and adds to the number of financial institutions and companies moving into "green buildings".

The office complex, which cost more than R2bn to build, will house about 5,000 client-facing employees and is expected to create economic spin-offs in Rosebank, Johannesburg.

Institutions looking to invest in property in Nigeria face numerous hurdles, but perseverance, strict due diligence and an intimate knowledge of the idiosyncrasies of the property environment can lead to a measure of success.

Institutions looking to invest in property in Nigeria face numerous hurdles, but perseverance, strict due diligence and an intimate knowledge of the idiosyncrasies of the property environment can lead to a measure of success

THE new head office for Stanbic Bank Tanzania in Dar es Salaam will be completed in November next year at a cost of $8 million.