The much-awaited Ballito Junction Mall located in KwaZulu-Natal's North Coast holiday town of Ballito, will be opening to the public on Thursday, March 23 despite other Mall Owners feeling the pinch amid dwindling consumer spending.
Government will spend over R50 billion to fund national and provincial economic infrastructure requirements, according to the National Budget 2017 announced on Wednesday by Finance Minister Pravin Gordhan.
The raising of the threshold for transfer duty on properties sold for less than R900 000, up from R750 000, as announced in today’s National Budget, is positive news as it provides some relief for first time buyers.
Sandton Central, without doubt, has become the most important business and financial node in South Africa, and plausibly sub-Saharan Africa.
Western Cape >>
A new R1 billion mixed-use development in Cape Town CBD has been given the go-ahead despite facing objections.
Umhlanga, a resort town north of Durban on the coast of KwaZulu-Natal, will soon get a new mixed-use office and retail development — thanks to Nedbank’s recent approval of R1 billion finance facility.
Cape Town – Highlights of South African National Budget Speech 2017/18 delivered by Finance Minister Pravin Gordhan to Parliament on Wednesday.
General News >>
SA Commercial Prop News, once again scooped the best digital publication of the year at the 2016 South African Property Owners Association (Sapoa) Property Journalism Awards — which were presented at galler dinner in Johannesburg.
SA’s largest cement maker PPC recently announced that it has revived merger talks with its competitor AfriSam, after valuation rows in 2014 resulted in both companies ditching their ambitions to combine operations.
Construction companies that colluded around the 2010 Fifa World Cup Stadium projects, have paid their first sum of R117m in terms of the settlement agreement they entered into with the National Revenue Fund.
There is more to Mauritius than its picturesque beaches and easy island living, which is helping the country to attract a lot of interest from Global and South African property investors.
Although commercial property markets is some parts of Europe experienced a slight downturn last year, investors appear unfazed by the geopolitical uncertainty and Brexit.
The Labour Department has called on social partners to assist government in finding solutions to the issue of youth unemployment in the country. ... Full story