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Jacques Du Toit Absa Hoam Loans
January 20, 2017

Continued subdued residential building activity up to late 2016

in Office, Retail, Industrial, Hotels and Residential
Building activity with regard to new private sector-financed housing in South Africa (see explanatory notes) remained much subdued in the first eleven months of 2016 compared with the corresponding period in 2015, based on data published by Statistics South Africa.
John LoosFNB
January 17, 2017

The buy-to-let picture remains one of mediocrity, and primary residential demand is king

in Office, Retail, Industrial, Hotels and Residential
In the 4th Quarter 2016 FNB Estate Agent Survey, buy-to-Let demand was a little slower than the prior quarter, keeping the level of recent years “moderate” by pre-2008 boom time standards, and our estimates point to little in the way of growth in secondary property ownership.
Graeme Katz IAPF CEO
January 16, 2017

Investec Australia Property Fund increases its exposure to New South Wales

in Office, Retail, Industrial, Hotels and Residential
Investec Australia Property Fund (“IAPF” or the “Fund”) is pleased to announce the acquisition of 2 Richardson Road, North Ryde (“North Ryde Property”) and 20 and 24 Rodborough Road, Frenchs Forest (“Frenchs Forest Property”).
Deirdre Opperman
Jan 16, 2017

Property in Demand on Robert Broom Drive, Krugersdorp

Robert Broom is one of the main arteries that runs through Krugersdorp in the Westrand, crossing through Noordheuwel,…
Coopers Square Mall Entrance REVD AFTER no logo
Jan 13, 2017

Next to relocate to former BHS store in Burton

National fashion retailer Next is set to treble in size in Burton upon Trent when it relocates to the former BHS store.
John LoosFNB
Jan 09, 2017

2016 represented further average house price growth slowing, moving into negative…

The FNB House Price Index for 2016 as a whole rose by 5%, slower than the 7.2% and 6.5% for 2014 and 2015 respectively.
John LoosFNB
Jan 09, 2017

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Hilton Garden Inn Tanger City Center Hotel
Jan 09, 2017

Hilton Garden Inn Casablanca Sidi Maarouf to begin construction in 2018

Hilton (NYSE: HLT) (www.Hilton.com) has signed a management agreement with Group Sadiki (www.GroupSadiki.com) to open…

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Company Profile

Marder Properties

Specialising in Industrial, Commercial and Investment Properties. Marder Properties was established in 1994. The company is well-established in the East Rand and it has now expanded into Midrand and Centurion, Marder Properties specialises in Commercial and…

Property Leader

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Pieter Prinsloo

Mr. Pieter G. Prinsloo, BSc(QS) is the Chief Executive Officer of Hyprop Investments Ltd. Pieter previously held the position of CEO of Hyprop for seven years from 2002 to 2009. He was re-appointed to the position of CEO with effect from 1 May 2011. A…
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
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Listed Property, REIT, Real Estate Funds

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Investors still love SA's listed property sector

December 15, 2016 Listed Property, REIT, Real Estate Funds eProperty News
SA’s listed property sector continues to feed investor appetite, having raised about R153bn in the past six years.

Office, Retail, Industrial, Hotels and Residential

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Green Building and Sustainability

Aerial view Kgoro Precinct Sandton

Green Building Council South Africa launches Green Star - Communities Pilot Programme in South Africa

December 07, 2016 Green Building and Sustainability eProperty News
The Green Building Council South Africa (GBCSA) today announced the launch of the locally applicable version of the Green Star – Communities rating tool in South Africa.

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
Ending the year on a high note, the November 2016 auction held by Broll Auctions and Sales proved a great success with a number of noteworthy sales taking place.

Africa, International Property News

Adrian Horsburgh Redefine International

Redefine International lets remaining space at City Point, Leeds

January 09, 2017 Africa, International Property News eProperty News
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Construction, Energy and infrastructure

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Firmly established on the global map as a progressive business hub with a thriving economy, Mauritius is becoming a breeding ground for professionals, this despite the fact that this small island in the Indian Ocean only has a population of about 1.3 million…

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