http://www.eprop.co.za/news/default.aspxA RSS feed of latest commercial property stories(c) 2008, eProp. All rights reserved.5Nelson 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.http://www.eprop.co.za/news/article.aspx?idArticle=12748Thu, 29 Jul 2010 00:00:00 GMTI-Net BridgeRedefine has received unconditional approval from the Competition Tribunal for the acquisition of 19 686 558 units in Hyprop Investment Limited.http://www.eprop.co.za/news/article.aspx?idArticle=12749Thu, 29 Jul 2010 00:00:00 GMTI-Net BridgeVukile Property Fund has warned that increases in electricity prices and higher municipal rates would push tenants’ costs higher.http://www.eprop.co.za/news/article.aspx?idArticle=12750Thu, 29 Jul 2010 00:00:00 GMTI-Net BridgeRetail development in Mozambique is set to grow significantly over the next few years.http://www.eprop.co.za/news/article.aspx?idArticle=12740Wed, 28 Jul 2010 00:00:00 GMTI-Net BridgeProperty markets across the board are still in hibernation mode, according to the latest Rode’s Report on the State of the Property Market.http://www.eprop.co.za/news/article.aspx?idArticle=12741Wed, 28 Jul 2010 00:00:00 GMTI-Net BridgeSA Corporate Real Estate Fund has recently announced plans for renovating of one their flagship buildings in KZN, Musgrave Centre, to the value of R140 millionhttp://www.eprop.co.za/news/article.aspx?idArticle=12743Wed, 28 Jul 2010 00:00:00 GMTOMIGPIArchitects and builders are just the first in a long line of professionals who influence a building's environmental sustainability over timehttp://www.eprop.co.za/news/article.aspx?idArticle=12744Wed, 28 Jul 2010 00:00:00 GMTGBCSAThe development, known as Watergate Estate, is the anchor project of the City of Cape Town’s Urban Renewal Initiative and will be the first privately funded affordable housing development in the Western Capehttp://www.eprop.co.za/news/article.aspx?idArticle=12745Wed, 28 Jul 2010 00:00:00 GMTNCPFProspective tenants, whether they are looking for a renewal or new premises, are doing their sums. They’re also more informed when it comes to available properties on the markethttp://www.eprop.co.za/news/article.aspx?idArticle=12746Wed, 28 Jul 2010 00:00:00 GMTBPGRedefine Properties Limited has received unconditional approval from the Competition Tribunal for the acquisition of Hyprop Investment Limitedhttp://www.eprop.co.za/news/article.aspx?idArticle=12747Wed, 28 Jul 2010 00:00:00 GMTRPLSA 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.http://www.eprop.co.za/news/article.aspx?idArticle=12733Tue, 27 Jul 2010 00:00:00 GMTI-Net BridgeGold Reef Resorts Limited expects earnings per share and headline earnings per share for the six months ended 30 June 2010 to be 20% to 25% lower.http://www.eprop.co.za/news/article.aspx?idArticle=12734Tue, 27 Jul 2010 00:00:00 GMTI-Net BridgeRetail development in Mozambique is set to increase significantly over the next few years, business development director for JHI said.http://www.eprop.co.za/news/article.aspx?idArticle=12736Tue, 27 Jul 2010 00:00:00 GMTI-Net BridgeThe 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 growthhttp://www.eprop.co.za/news/article.aspx?idArticle=12737Tue, 27 Jul 2010 00:00:00 GMTN4GAuction 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 millionhttp://www.eprop.co.za/news/article.aspx?idArticle=12738Tue, 27 Jul 2010 00:00:00 GMTAGThe Mount Sheba Game Reserve in Nelspruit will be auctioned at Auction Alliance’s August multiple commercial auctionhttp://www.eprop.co.za/news/article.aspx?idArticle=12739Tue, 27 Jul 2010 00:00:00 GMTAGHigh-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.http://www.eprop.co.za/news/article.aspx?idArticle=12731Mon, 26 Jul 2010 00:00:00 GMTI-Net BridgeChief 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.http://www.eprop.co.za/news/article.aspx?idArticle=12732Mon, 26 Jul 2010 00:00:00 GMTI-Net BridgeThe commercial property market is still weak but Auction Alliance’s sales this month around the country have reflected a thawing of the market.http://www.eprop.co.za/news/article.aspx?idArticle=12728Fri, 23 Jul 2010 00:00:00 GMTI-Net BridgeA wilderness hotel and two guesthouses in Hermanus were among the lots that were on offer at the Savile Row auction at Summer Place.http://www.eprop.co.za/news/article.aspx?idArticle=12729Fri, 23 Jul 2010 00:00:00 GMTI-Net BridgeA disappointment may be detected in the reaction of estate agent Pam Golding's CE, to the Monetary Policy Committee decision to keep the repo rate on hold.http://www.eprop.co.za/news/article.aspx?idArticle=12730Fri, 23 Jul 2010 00:00:00 GMTI-Net BridgeAccommodating your company’s staff is an expensive business. Research shows that after salaries and IT expenses the cost of office accommodation is generally the organisations third largest costhttp://www.eprop.co.za/news/article.aspx?idArticle=12724Thu, 22 Jul 2010 00:00:00 GMTBMAWhen seeking advice, tenants, investors and occupiers often ask wether CRE is recovering http://www.eprop.co.za/news/article.aspx?idArticle=12725Thu, 22 Jul 2010 00:00:00 GMTBMAThe annual Retail Design & Development Awards (RDDA) 2010 - sponsored by Nedbank Corporate – is now openhttp://www.eprop.co.za/news/article.aspx?idArticle=12726Thu, 22 Jul 2010 00:00:00 GMTRDDAKillarney Mall will soon unveil a new specialised luxury cinema complex featuring the latest Hollywood and Bollywood blockbustershttp://www.eprop.co.za/news/article.aspx?idArticle=12727Thu, 22 Jul 2010 00:00:00 GMTKMNew insurance policy can help mitigate against unpaid levy problems http://www.eprop.co.za/news/article.aspx?idArticle=12720Thu, 22 Jul 2010 00:00:00 GMTSTThe latest property show day attendance figures reveal that during the World Cup the activity in the residential property market in Joburg remained buoyant throughout June.http://www.eprop.co.za/news/article.aspx?idArticle=12721Thu, 22 Jul 2010 00:00:00 GMTI-Net BridgeConstruction work at Mthatha Airport resumed on Monday after a 'misunderstanding' between two contractors has been resolved.http://www.eprop.co.za/news/article.aspx?idArticle=12722Thu, 22 Jul 2010 00:00:00 GMTI-Net BridgeDreams of a better education for the children of Mvezo could soon become reality after R6m has been put towards building the rural village’s first high school.http://www.eprop.co.za/news/article.aspx?idArticle=12723Wed, 21 Jul 2010 00:00:00 GMTI-Net BridgeWhile the commercial property market remains under pressure, signs of recovery are appearing in some sectors.http://www.eprop.co.za/news/article.aspx?idArticle=12710Wed, 21 Jul 2010 00:00:00 GMTI-Net BridgeBuy-to-let purchases fell to a new low of 7% of total property buying in the second quarter of this year, down from the previous quarter's 9%.http://www.eprop.co.za/news/article.aspx?idArticle=12711Wed, 21 Jul 2010 00:00:00 GMTI-Net BridgeThe 8th Annual IPD/SAPOA Property Investment Conference offers a timeous peek at the dashboards of major property executives and strategistshttp://www.eprop.co.za/news/article.aspx?idArticle=12712Wed, 21 Jul 2010 00:00:00 GMTIPDNedbank Corporate Property Finance: Cape, has funded the development and completion of a R76 million industrial facility in Blackheath, Cape Town on behalf of Macadams Internationalhttp://www.eprop.co.za/news/article.aspx?idArticle=12713Wed, 21 Jul 2010 00:00:00 GMTNCPFThose property speculators that took the risk of building earlier this year – without even having tenants lined up – might be reaping the benefits as the market pulls out of the doldrumshttp://www.eprop.co.za/news/article.aspx?idArticle=12714Wed, 21 Jul 2010 00:00:00 GMTR21CPThe commercial property market is still weak but Auction Alliance’s July sales around the country cold reflect a thawing of the market, with strong investor appetite for well let propertieshttp://www.eprop.co.za/news/article.aspx?idArticle=12715Wed, 21 Jul 2010 00:00:00 GMTAGAn office building in the commercial hub of Woodmead / Rivonia is up for grabshttp://www.eprop.co.za/news/article.aspx?idArticle=12716Wed, 21 Jul 2010 00:00:00 GMTAGNedbank Corporate Property Finance has funded the completion of Phase Two of the Inanda Greens Business Park in Wierda Valley, Sandton, on behalf of the Tiber Grouphttp://www.eprop.co.za/news/article.aspx?idArticle=12717Wed, 21 Jul 2010 00:00:00 GMTNCPFRetailers, investors, leasing agents and developers are poised to converge on the Cape Town International Convention Centre in October this year to attend the South African retail industry’s premier gatheringhttp://www.eprop.co.za/news/article.aspx?idArticle=12718Wed, 21 Jul 2010 00:00:00 GMTSACSCThe Broll managed Blue Route Mall shopping centre built in 1975, located in one of Cape Town’s most beautiful suburbs, Tokai, is undergoing an exciting R850 million redevelopmenthttp://www.eprop.co.za/news/article.aspx?idArticle=12719Wed, 21 Jul 2010 00:00:00 GMTBPGHotels in Sandton were the biggest beneficiaries of the World Cup, with revenue between June 11 and July 11 surging close to 300% from a year earlier.http://www.eprop.co.za/news/article.aspx?idArticle=12707Tue, 20 Jul 2010 00:00:00 GMTI-Net BridgeOffit Enterprises, which owns three properties in Eastern Cape's Coega Industrial Development Zone, was not deprived of its property rights as it claimed.http://www.eprop.co.za/news/article.aspx?idArticle=12708Tue, 20 Jul 2010 00:00:00 GMTI-Net BridgeCredit Suisse Standard Securities has explored the notion of a potential future alliance between China based construction players and Murray & Roberts.http://www.eprop.co.za/news/article.aspx?idArticle=12709Tue, 20 Jul 2010 00:00:00 GMTI-Net BridgeArcelormittal SA’s plans to scale back output in response to its pricing dispute with Kumba Iron Ore would have serious implications for steel industry players.http://www.eprop.co.za/news/article.aspx?idArticle=12705Mon, 19 Jul 2010 00:00:00 GMTI-Net BridgeMetorex is applying the tough lessons learnt at Ruashi, its first venture in Democratic Republic of Congo, to a pipeline of new projects in Congo.http://www.eprop.co.za/news/article.aspx?idArticle=12706Mon, 19 Jul 2010 00:00:00 GMTI-Net BridgeWhile the commercial property market remains under pressure, there are signs of recovery in some of the sectors, said Marna van der Walt, CEO of JHI.http://www.eprop.co.za/news/article.aspx?idArticle=12700Fri, 16 Jul 2010 00:00:00 GMTI-Net BridgeYou know it makes sense to have a property investment other than your home.http://www.eprop.co.za/news/article.aspx?idArticle=12701Fri, 16 Jul 2010 00:00:00 GMTI-Net BridgeEmira Property Fund has reached an agreement with its external manager, Strategic Real Estate Managers, to pay it a monthly fee based on actual operating costs.http://www.eprop.co.za/news/article.aspx?idArticle=12703Fri, 16 Jul 2010 00:00:00 GMTI-Net BridgeDurban Mayor Obed Mlaba officially announced that the city will bid for the 2020 Olympic Games.http://www.eprop.co.za/news/article.aspx?idArticle=12688Thu, 15 Jul 2010 00:00:00 GMTI-Net BridgeSeveral investment properties will come under the gavel at Aucor’s next multi-property auction including osme small offices and shopping centrehttp://www.eprop.co.za/news/article.aspx?idArticle=12689Thu, 15 Jul 2010 00:00:00 GMTAucorWhether immovable property, equities, or the money market consideration should be given to the tax implicationshttp://www.eprop.co.za/news/article.aspx?idArticle=12690Thu, 15 Jul 2010 00:00:00 GMTC&P