5th Avenue Properties, one of South Africa's leading commercial property brokerages, have announced their strategic alliance with London Stock Exchange listed global real estate advisor, Savills UK and European businesses, in the commercial property sector.

Simultaneous increases in the Rates Factor and property valuations resulted in municipal rates levied on commercial property owner’s rocket in July this year. 

There's no doubt that the roll-out of the Gautrain has been a success in providing safe, quick and convenient means of transport to and from the workplace, and according to the Gautrain website, since the opening of Park Station in Rosebank there has been a dramatic increase in the demand for the Gautrain and its bus services.

The announcement to develop a contemporary new Healthcare centre within the Umhlanga Ridge New Town Centre, adjacent to the  specialty Gateway Private Hospital currently under construction, is attracting positive attention from the medical fraternity.

The South African Property Owners Association (SAPOA) and the City of Cape Town will work to unlock opportunities by facilitating collaboration between the public and private sector.

It has been said that a truly successful and innovative business strategy is not a solo sport, and indeed this notion holds true with regards to the recent partnership between two of South Africa’s most prominent players in the rural and urban retail property sectors. 

Trading conditions in the commercial property market remain challenging, though there are a number of factors which are having a positive impact on activity and future potential in the market

Performance of commercial properties in SA is highly dependant on the size and quality of tenants, according to Paragon Lending Solutions CEO Gary Palmer.

The South African Property Owners Association (SAPOA) today announced it has a serious concern with government’s amendments to the SETA Grant Regulations.

On 20 June a primly positioned, redevelopment opportunity, Stellenbosch property situated on the corner of Adam Tas and Bird Street will fall under the hammer. 

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