The Pretoria decentralized office market continues to suffer from the aftermath of overzealous development coupled with weak demand for space to rent.
Ideally located close to the N1 highway, Midrand is fast establishing itself as the new Northern suburbs of Johannesburg.
Growthpoint Properties today introduced the first electronic bike hubs to Sandton Central in a pilot project that pioneers a new, convenient and environmentally innovative alternative mode of transport for South Africa’s financial hub.
Retail cannibalisation is becoming a growing reality in South Africa and, until now, it has been all too easy to place the blame for this squarely at the feet of shopping centre developers.
“While many South African consumers have started to feel the economic pinch in recent months, the demand for accommodation in the greater Johannesburg area has continued unabated, and this has ensured that the residential rental property market in much of the region has remained robust.
The property and broader built environment sector has an important role to play in Africa’s growth, but it needs to be taken more seriously and prioritised.
The SA REIT Conference is again proving to be the gathering place for the sharpest minds in property, finance and investment, and an exciting platform for debate and interaction.
For retailers to make sales their doors need to be open for longer. That’s the word from Marius Muller, CEO of leading shopping centre investor Pareto.
Due for completion later this year at 50 Katherine Street, Sandton, the new Sasol global headquarters is setting a new standard for commercial property development and corporate workplace environments in South Africa.
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