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Nedbank Private Wealth Logo
April 25, 2017

Nedbank's Private Wealth is growing their presence in the Western Cape

in Office, Retail, Industrial, Hotels and Residential
We are thrilled to announce that we have opened a new office in Stellenbosch.
Zandile Makhoba
April 24, 2017

Jones Lang LaSalle reports five-year real estate investment high in 2016

in Office, Retail, Industrial, Hotels and Residential
Real estate consulting firm, JLL SSA, has released its 2016 Investment Review of the South African property market with analysis reporting a R28.8bn increase in investment (from 18,5bn in 2015), and a similar 52.8% increase in gross lettable area (2 million square metres).
The Square
April 24, 2017

Century City office vacancies fall

in Office, Retail, Industrial, Hotels and Residential
The continued strong take up of offices at Century City has seen almost all new stock being mopped up and overall vacancies dropping to 7,4% in April from just under 10% in January this year and 12,1% in the fourth quarter of last year.
John_LoosFNB
Apr 24, 2017

Western Cape house price growth rate continues to show some “normalisation” after a…

Examining the FNB House Price Indices for the country’s major regions, slowing price growth in the country’s recent…
Sean Paul
Apr 24, 2017

Property Managers are evolving into Asset Managers

The role of the property manager is evolving - with the lines being blurred between that of a property manager and that…
Sisa Ngebulana Rebosis
Apr 24, 2017

Rebosis Property Fund reports net property income growth of 74.6%

Rebosis Property Fund, a JSE listed Real Estate Investment Trust (REIT) whose strategy is directed toward dominant…
Nick_Altini
Apr 22, 2017

Competition Commission is looking for precedent setting excessive pricing case

The South African Competition Commission has referred a supplier of the main ingredient in bricks used in the…
Neil Gopal
Apr 20, 2017

SAPOA Statement on the Draft Property Practitioners Bill

The Property Practitioners Draft Bill was published for comment on 31 March 2017 and when gazetted into law, will…

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High Street Auction Co

High Street Auction Co

High Street Auctions specialises in the marketing and selling of commercial, industrial, retail, agricultural and residential properties on auction. By operating in a transparent and professional manner, High Street Auctions has achieved widespread confidence…

Property Leader

Ridwaan Asmal

Ridwaan Asmal

Mr. Ridwaan Asmal is Financial Director at Hospitality Property Fund Limited.
Wednesday, 22 September 2010 02:00

Milestones in expansion of Cape Town container terminal

Written by eProp Commercial Property News
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The R5.4bn, five-year expansion programme at the Cape Town container terminal continues to transform South Africa's second largest container facility.

Chris WellsThe R5.4 billion, five-year expansion programme at the Cape Town container terminal continues to transform South Africa's second largest container facility into a modern facility that will be capable of handling nearly double its existing cargo capacity by 2012.

Major dredging, deepening and refurbishment work on the second of four berths is well underway and will be completed by May 2011. The first 100m of Berth 602 has been handed over recently to terminal operations. Coupled with the already refurbished Berth 601, this affords the terminal 420m of berth space to accommodate one large 305m vessel along its long quay.

Says Transnet Port Terminal's (TPT) Western Province Terminal Executive, Velile Dube: "There have been some challenges. Most significant of these is the complexity of maintaining uninterrupted operations at the container terminal while it is effectively a construction site.

"However we are well on our way towards transforming the container terminal into a modern four berth facility that will assist in meeting the demands of the rapid growth in the container sector."

The upgrades to all four berths and the Ben Schoeman Basin will enable larger new generation vessels to enter and 'park' safely at the container facility.

Inside the terminal, the fleet of harbour cranes has been beefed up to improve the efficiency of container handling. On Friday, 27 August, the fifth and sixth Liebherr ship-to-shore cranes were commissioned and worked on their first vessel on Monday, 30 August.

These cranes were slipped into position on Berth 601 by specialised trailers on 13 and 14 August. With a total of six new Liebherr cranes in place, Berth 601 offers high productivity container handling that is faster and more efficient.

The fleet of straddle carriers in Cape Town is also being phased out in favour of massive rubber-tyred gantry (RTG) cranes, which make better use of limited space by stacking six rows wide, five containers high and 30 deep.

To date 20 RTG cranes have been commissioned and handed over to the terminal, with the remaining eight scheduled for handover between the end of September and the end of October.

Four more RTGs and some of the straddle carriers are being transferred to Durban's container terminals.

Refrigerated containers, or reefers, will benefit from the handing over on 26 August of 864 reefer plug points in reefer block 1. The overall expansion programme will result in three reefer stacks with a total of 2,712 reefer points served by gantry cranes.

Human capital development has also been a major aspect of the expansion programme. The terminal's new cranes necessitated an aggressive training programme for operators of lifting equipment (OLEs), with 33 OLEs joining operations in August and bringing the total number of newly trained OLEs to 120. Additional training in operation of ship-to-shore cranes will take place from January 2011.

Dube said the five year expansion project is one of several Transnet projects taking place within South Africa's container sector, with the aim of creating additional capacity ahead of demand. By 2012, the capacity of the terminal will be 1.4 million TEUs, nearly double its existing 740,000 TEU capability.

 

Last modified on Wednesday, 30 October 2013 09:31

Listed Property, REIT, Real Estate Funds

Sisa Ngebulana Rebosis

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April 24, 2017 Listed Property, REIT, Real Estate Funds eProperty News
Rebosis Property Fund, a JSE listed Real Estate Investment Trust (REIT) whose strategy is directed toward dominant retail malls and which recently internalised its management team, has reported net property income growth of 74,6% for the six months ended 28…

Office, Retail, Industrial, Hotels and Residential

Nedbank Private Wealth Logo

Nedbank's Private Wealth is growing their presence in the Western Cape

April 25, 2017 Office, Retail, Industrial, Hotels and Residential eProperty News
We are thrilled to announce that we have opened a new office in Stellenbosch.

Green Building and Sustainability

Sable Park

R460m new offices for Century City

April 13, 2017 Green Building and Sustainability eProperty News
A new development of 16 300 square metres of premium grade offices, which will include new regional offices for Discovery, is to be built on a prime gateway site at Century City.

Commercial Property Auctions

Norman Raad CEO Broll Auctions Sales

Prime located buildings in Cape Town & Pretoria sold on auction

December 12, 2016 Commercial Property Auctions eProperty News
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Africa, International Property News

David Lashbrook Momentum Global Investment Management

Momentum Africa Real Estate Fund reaches $170 million

April 06, 2017 Africa, International Property News eProperty News
The Momentum Africa Real Estate Fund (“MAREF”) held its final close on 28 February 2017, raising a total of $170m.

Construction, Energy and infrastructure

Nick_Altini

Competition Commission is looking for precedent setting excessive pricing case

April 22, 2017 Construction, Energy and Infrastructure eProperty News
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