LONDON and Tokyo remain the world's most expensive office locations

London-based property holding group Liberty International said yesterday it had increased its interest in Great Portland Estates to 19,4% from about 13% in a transaction worth nearly £24,5m

FirstRand is set to take the lion's share of a new Namibian banking institution after two of Namibia's leading banks announced a R250m merger last week

KMP Printechnik, a global printing components manufacturer with 10 factories in Europe and Africa, is developing nearly 7 000m2 of land at Capricorn Business and Technology Park in Muizenberg.

Founder Heinz Sieg, who will be investing millions of rands at Capricorn, started his business 15 years ago in Germany.

Business has been brisk this year for one of the country's biggest estate agencies

A NEW loft complex is to be built between Somerset Road and the V&A Waterfront, near the Victoria Junction Hotel in Green Point, an area that is rapidly becoming one of the trendiest in Cape Town.

The design of Prestwich Place will be in keeping with the loft/factory/warehouse-style architecture of the area, which is reminiscent of London's Docklands.

TWO MORE buildings have been sold at Greenford Office Estate, the Rabie Property Projects and Absa Bank joint venture development at Kenilworth Racecourse.

SA Fruit Exporters have bought a 550m2 double-storey office block with 25 parking bays for R2.