Work starts on the first phase of a R1,65bn deep-water port.
National government has set aside R211-million immediately for infrastructural development in the Coega Industrial Development Zone (IDZ) east of Port Elizabeth.
AN independent study by Stellenbosch-based Maritime Education Research and Information Technology (MERIT) has found that the Port of Ngqura is viable without the Coega Industrial Development Zone and more importantly, that South Africa needs a deepwater container facility at the port of Ngqura.
The following is a short synopsis of some of the trends and factors influencing the property market in the CBDs of Gauteng and its decentralised suburbs. This summary should shed some light on the reasons for the rate of office vacancy.
Panellists generally agree that the recent spate of speculative development has come to a close as evidence of some buildings that have long been completed it becomes increasingly apparent that the market is oversupplied.
The Tshwane metropolitan council has allocated 4ha of land in the Pretoria city centre for the construction of a R1bn office park to be known as the Mandela Development Corridor.
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Property in the Pretoria city centre is managing to hold its own in a tough market, says Jeffrey Wapnick, of City Property Administration.h market, says Jeffrey Wapnick, of City Property Administration.
Pretoria is quietly delivering the goods.
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