“We can achieve so much more and get better results if we work together instead of doing it on our own”.

The area around the iconic Loftus Versfeld stadium in Pretoria is set to become another of the city’s growth nodes, with the development of new residential and mixed-use spaces such as the ambitious Loftus Park with its retail and commercial office components.

“If everyone got free WiFi with every tree they planted, we wouldn’t have the problem of climate change.”

According to John Truter, Chief Operating Officer, WSP | Parsons Brinckerhoff, Structures, Africa, there are three mega trends driving the commercial property industry.

Six restaurants in the R1billion Century City Square, the new commercial and hospitality hub of Century City which is currently under construction, have been let and will open in February next year.

Nedbank Corporate Property Finance is the market leader in the commercial property finance industry.

In September, GoIndustry DoveBid South Africa (Pty) Ltd will dispose of 33 Telkom properties around Free State, Gauteng, KwaZulu-Natal, Mpumalanga, Northern Cape and Western Cape, in a series of online and live auctions.

Despite ongoing macro risks, sentiment in the commercial property market remains positive across much of the world, although there are some exceptions to this broad trend, according to the second quarter 2015 Royal Institution of Chartered Surveyors (RICS) Global Commercial Property Monitor.

Tower Property Fund has purchased eight industrial properties as part of the funds strategy to increase their exposure to the industrial sector to 20%.

Well-positioned commercial property in outlying areas around South Africa is proving increasingly attractive to both local and international buyers who continue to find value in sustainable investments, says Norman Raad, CEO of Broll Auctions and Sales.