The South African Property Owners Association (SAPOA) executives and members of the board met with the City of Nelson Mandela Bay Municipality yesterday evening as part of its Meet the Mayor initiative.
Durban-based industrial property development giant, Shree Property Holdings, has made a bold R220 million entry into the South African commercial market, launching an upmarket, ultra-modern '4-star green-rated' office complex in the heart of the desirable Ridgeside Precinct on Umhlanga Ridge, and is poised to take KwaZulu-Natal's commercial property development to a new level.
Cities can be dynamic, exciting hubs – or they can be crime-ridden danger zones visited under duress or because of duty.
The announcement on the 15 June 2018 that Basil Read Construction is applying for business rescue is a clear indication of the critical state of the construction industry, says Mohau Mphomela, Executive Director, Master Builders Association North.
Accelerate Property Fund, the JSE listed REIT invested significantly in the growth and development of Johannesburg’s Fourways node, has announced its results for the year to 31 March 2018, reflecting a 57,56 cents per share distribution for the year, in line with guidance.
Atterbury has closed a landmark deal that will see CooperVision, a world leader in contact lenses, become the first tenant at its prime Randport Industrial Development in Gosforth Park, Germiston, Ekurhuleni.
MMQSMace, Mace’s joint venture cost consultancy business in South Africa, has been appointed as quantity surveyors for three aviation projects worth more than $70m by Airports Company South Africa (ACSA).
Africa’s burgeoning big cities will play an increasingly central role in the continent’s growth and development, driven largely by Africa’s rapid urbanisation.
The cost of global construction is set to rise by 4.3 percent during 2018 compared to 4.1 percent in 2017, as developers face the challenge of continued shortages of relevant skills to deliver an increasing number of projects, according to new research from global professional services firm Turner & Townsend.
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