WITH demand for commercial property investments at a high, Pam Golding Commercial, a division of residential real-estate giant Pam Golding Properties, has entered the auctions market.

Pam Golding Commercial, a member of the Pam Golding Property group, has launched an  auction division - Pam Golding Commercial Auctions - to cater for this highly effective and increasingly popular means of selling commercial investment property in a short period of time and at a market related price.

Alcan is taking its time to decide whether to proceed with the $2,5-billion Coega aluminum smelter project in South Africa, the Canadian company's chief executive said yesterday.

South Africa's State-owned Industrial Development Corporation (IDC) said yesterday that it would take a 15% stake in the planned 660 000-t aluminium smelter at Coega, in the Eastern Cape.

EMPOWERMENT company ICAN has not applied for the funding of a stake it said it would take in a Coega textiles project, despite saying in May that it was weeks away from securing it.

Contrary to a statement issued on Monday, the Competition Tribunal's decision on Growthpoint and Tresso has not yet been handed down.

A NEW plan is being drawn up to site a stainless steel plant at Coega in Eastern Cape, with discussions under way to find an anchor investor for the $5bn project.

Coega Industrial Development Zone (IDZ) is seen as the country’s largest integrated industrial and commercial property development

The first investor to sign up for a site at the Coega Industrial Development Zone aims to commission its textile factory in the first week of November.

A revolutionary online commercial property auction site is poised to take the industry by storm when it holds its first auction this month.