Commercial Property News - eProperty News

Office, Retail, Industrial, Hotels and Residential

No stimulus for property market

The property market will have to get by without the stimulus of a series of rate cuts, as it is unlikely to enjoy much interest rate relief during 2010.

Posted On Wednesday, 27 January 2010 02:00 Published by eProp Cormmecial Property News

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Commercial Property Auctions

Delarey Shopping Centre to fall under the hammer

Plaka Centre, located on 622 Ontdekkers Road in Delarey, will be going under the hammer at the Southern Sun Hotel on Grayston Drive in Sandton.

Posted On Tuesday, 26 January 2010 02:00 Published by eProp Commercial Property News

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Domestic slowdown hits City Lodge earnings

City Lodge says it expects normalised headline earnings for the 6 months to December to be 12% 17% lower than during the same period the previous year.

Posted On Tuesday, 26 January 2010 02:00 Published by eProperty News

Hotels feel pinch over festive season

Figures are likely to indicate a 20% to 30% decrease in accommodation numbers over the Christmas tourist season compared with a year ago.

Posted On Tuesday, 26 January 2010 02:00 Published by eProperty News

Green Building and Sustainability

Wilderness sets out to sell lifestyle, land

The Wilderness Ratepayers and Residents’ Association has produced a brochure to encourage potential buyers to consider settling in the village.

Posted On Monday, 25 January 2010 02:00 Published by eProp Commercial Property News

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New-look Tropical House needs snazzy name

The old Tropical House, part of Port Elizabeth’s Bayworld complex, is undergoing a major renovation and needs a new name.

Posted On Monday, 25 January 2010 02:00 Published by eProperty News

Africa, International Property News

Consortium refinances Lakeside Shopping Centre

A consortium of seven banks has advanced a new seven year, £525m loan facility to refinance the Lakeside Shopping Centre in Thurrock in the UK.

Posted On Monday, 25 January 2010 02:00 Published by eProperty News

Upturn in enquiries for industrial space

Property group JHI notes that with the festive season over and January well under way, some media reports have reflected increased business confidence in SA.