Infrastructure planning has become an inextricable part of property investment, development and management in South Africa, says Marna van der Walt, CEO of Africa’s leading integrated property solutions provider, Excellerate Property Services.
Stakeholders in South Africa’s construction sector continue to anxiously await the materialisation of the proposed R800-billion of public sector investment in the country’s infrastructure over the next three years.
Construction at one of Nelson Mandela Bay's biggest infrastructure projects is under way and set to cost ratepayers about R1.5bn.
African real estate has unique drivers for growth, technology will impact business and building practices, as well as consumer behaviour
The KwaZulu-Natal Provincial Government has allocated R12.060 billion to spend on various infrastructure projects in the province during 2015/16 financial year.
With the increase in electricity demand, load shedding remains a reality for the near future for South Africa, says power utility Eskom.
Spending on infrastructure in sub-Saharan Africa is projected to reach USD180bn a year by 2025‚ according to PwC's 2014 report.
The listed property sector continues to outperform despite property funds operating in a challenging environment.
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