AfricaAuction News- Demand grows for top commercial real estate
The commercial property market is still weak but Auction Alliance’s sales this month around the country have reflected a thawing of the market. - Spirited bidding for top property
A wilderness hotel and two guesthouses in Hermanus were among the lots that were on offer at the Savile Row auction at Summer Place. - Educational facility sold for record R17 million
Auction Alliance’s July auctions shown that well situated properties are still attracting strong demand, with the Johannesburg auction seeing a well planned and purposely designed education facility in Centurion sell for R17.25 million Corporate Property IssuesEnvironmental/Green IssuesGeneral/UnclassifiedGovernment Related- Safa House may face R1m a month rent
High-level talks are being held over the future of the South African Football Association’s headquarters after a demand for R1m a month in rent. - Opposing views on R8m for Mandela museum
Chief Mandla Mandela has been accused by the museum board, of trying to get R8m grant from the National Lottery Board to extend the museum without their approval. - City office block lease all about location
Nelson Mandela Bay Municipality has defended its decision to renew the multimillion-rand lease of floor space in property magnate Yossuf Jeeva’s Kwantu Towers block. Hotels & LeisureHousing & ResidentialListed Property- Offshore property offers rand hedge
SA will have an opportunity to own properties in Germany and the UK by buying shares in Redefine International, which is expected to have an initial market capitalisation of R2,5bn. - Paving the way to acquiring Hyprop?
Redefine Properties Limited has received unconditional approval from the Competition Tribunal for the acquisition of Hyprop Investment Limited - Tribunal approves Redefine/Hyprop deal
Redefine has received unconditional approval from the Competition Tribunal for the acquisition of 19 686 558 units in Hyprop Investment Limited. Pretoria- Market demand accelerates rapid progress of N4 Gateway
The rapid development and construction progress of the 46-hectare N4 Gateway park in Pretoria’s eastern suburbs is testimony to increased availability of bank financing and lower building costs which favourably position local business to plan for future growth RetailSector Environment
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