Growthpoint Properties is piloting a 4.5MW battery system at Paarl Mall in the Western Cape to store electricity for its continuous, cost-efficient power supply.

A decade of corporate semigration and decentralisation fuelled the Winelands commercial sector, with increased demand boosting development, however, this has begun to taper off,

precipitating a number of significant market shifts.

A decade of corporate semigration and decentralisation fuelled the Winelands commercial sector, with increased demand boosting development, however, this has begun to taper off,precipitating a number of significant market shifts.

Listed property unit trust Sycom Property Fund has entered into agreements to increase, through acquisitions worth R183m, its shareholding in Paarl Mall shopping centre to 100% from 70%

LISTED property unit trust Sycom says its strategy of growing its property portfolio through property development as opposed to acquisitions is resulting in higher returns.

Construction of the of the Paarl Mall regional shopping centre will begin in August