Wednesday, 10 April 2019 15:45

Kenya’s logistics market continues to grow

Kenya’s expanding economy has spurred the growth of its logistics property market with the economic hub of Nairobi experiencing a 15% year-on-year increase in new warehousing supply, Broll Property Intel’s latest Kenya Logistics Snapshot Report reveals.

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.

Equites Property Fund Limited today announced growth in distribution per share for the year ended 28 February 2018 of 12.2% to 123.86 cents, as well as a 30% growth in the fair value of its property portfolio from R6.2 billion to R8.1 billion.

The R250bn listed property sector, one of the JSE's most active in terms of merger, acquisition and listing activity in recent years, saw deal flow surge a whopping 60% last year.

Property development and marketing company, Abacus Divisions, has announced that it has sold all the stands –totaling more than 123 000 square metres -at its recently launched Rietvlei Industrial Estate, raking in a total of R105 million.

Friday, 07 May 2010 02:00

Shopping centre fetches R31m

A bid price of R31,1m has been received for a retail centre in Pongola, KwaZulu Natal, at an auction held by Bidline in Durban.

Wednesday, 22 January 2003 02:00

Subterranean ideas resurface

Economic factors have brought underground living back into vogue, says Ross Davies.

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