Today (27 July 2016), the Western Cape Minister of Transport and Public Works, Donald Grant, and Western Cape Minister of Health, Dr Nomafrench Mbombo, participated in a ribbon-cutting ceremony to officially open the Khayelitsha Eastern Substructure Office.

Based on data published by Statistics South Africa, building activity in the South African market for new private sector-financed housing (see explanatory notes) remained under pressure in the first five months of 2016, with much subdued year-on-year growth in activity levels in May this year.

The average cost premium of building green over and above the cost of conventional construction – or green cost premium – is a mere 5.0% and can be as low as 1.1%.

Billionaire businessman Patrice Motsepe’s African Rainbow Capital (ARC) has made its first foray into property‚ buying a 20% stake in Val de Vie Investments‚ which is expanding a high-end residential estate in the Western Cape.

The Department of Transport and Public Works has been recognised by the Green Building Council of South Africa (GBCSA) for its work on a building currently under construction for the Department of Health.

The brand new Khayelitsha Shared Services Centre, commissioned by the Department of Transport and Public Works for the provincial departments of agriculture, education, social development and health, is expected to be fully occupied by the end of May.

While the South African residential property market is showing signs of strain, prices in the Western Cape just keep going up.

The Airport Shopping Centre in Belhar, Western Cape, was recently sold via a private treaty negotiation facilitated by Nexus Property Group (NPG).

Friday, 22 April 2016 07:37

Consumers want more shopping hours

Consumers know what they want from shopping centres - they demand the presence of certain retailers as well as extended trading hours, according to the Broll Shopper Segmentation Report 2016 Volume 1.

Thursday, 07 April 2016 12:03

Tsogo Sun in Cape casino owner revamp

Tsogo Sun and Sun International resuscitate plans for a reshuffling of casino ownership in the Western Cape.

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