Office space is a safe investment
Prospects for the business property market are looking brighter than before.
ApexHi to upgrade properties
APEXHI Properties will spend R1bn between now and next year to refurbish its properties.
Germiston car showroom offered
One of the largest motor vehicle showrooms in Germiston will go under the hammer of Auction Alliance this month.
Atterbury/ Pangbourne Clinch R65 Million Deal At Wesbank Raceway, Gosforth Park
The construction of the first phase of Raceway Industrial Park in Germiston is expected to commence this month (November 2006).
Hammer falls on 19 commercial properties
Nineteen buildings came under the hammer at the Auction Alliance multi-property sale in Rosebank last Wednesday, where 50% of the sales were confirmed at the drop of the hammer.
Metboard scales down vacancies.
DISPOSAL of noncore property assets has helped focused industrial property fund Metboard reduce its vacancies by about 50% in the past few months.
Parking garage to be converted into flats.
The owner of a redundant Germiston parking garage is converting it into a block of flats.
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