The only commercial site in the 120ha Big Bay development at Bloubergstrand will come up for tender this week.
Auction company ClareMart says it is often approached by investors seeking advice as to returns on a wide variety of asset classes.
New Property Finance Loans in the Western Cape region from Nedbank Corporate's Property and Asset Finance Division are up some 30%
Recent decreases in interest rates have boosted SA's burgeoning auction industry.
Revamping run-down buildings in central business districts for low-cost housing is not seen as a workable concept
The City (of Johannesburg) auctioned off a prime site situated on Comartie Road in Hurlingham, near Sandton, for a whopping R23,9m, double its reserve price of R10,3m.
Nedbank has bought a stake in the R800 million Capegate mixed use development on the N1 in Brackenfell, another sign of financier bullishness about the South African property market - particularly the retail sector.
Strategically situated in the heart of the Border / Ciskei / Transkei region, East London - or Buffalo City - is becoming a major service centre of growing importance, a factor which has created a strong demand for both commercial and residential property in the areasays Gwyn Bassingthwaighte,
who heads up the commercial property division of Pam Golding Properties East London office.
Strategically situated in the heart of the Border / Ciskei / Transkei region, East London - or Buffalo City - is becoming a major service centre of growing importance, a factor which has created a strong demand for both commercial and residential property in the area says Gwyn Bassingthwaighte who heads up the commercial property division of Pam Golding Properties East
London office.

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