Leasing
Unpaid municipal service charges can become a landlord’s nightmare
A Constitutional Court judgement made in 2004 (in the case Mkontwana vs Nelson Mandela Municipality) has had serious widespread ramifications throughout the commercial property sector – and has placed further risk on the shoulders of landlords ... Full story
Public Works Minister tackles irregularity in Government leases
The Public Works Minister Thulas Nxesi says 22 irregular or fraudulent leases have been identified and will be coming under the microscope. ... Full story
Concerns over Government Leasing Expenditure
The National Treasury is concerned that R3 billion a year spent on leasing properties for state departments was too high, according to a report on Wednesday. ... Full story
Cape Town reinforces Global Status as Prime Business Destination
The commercial property market in the Western Cape is reflecting increased positive sentiment with JHI Properties reporting that during 2011 it has concluded 255 leases in the region for 98 000sqm of office, retail and industrial space. ... Full story
Commercial property owners’ first line of defence is an accurate lease agreement
As the Consumer Protection Act (CPA) continues to change the nature of lease agreements in South Africa’s real-estate rental market, commercial property landlords need to keep abreast of the interpretation of the Act. ... Full story
Landlord SLA: fantasy or necessity?
What do you do when your aircon doesn't work for 6 months and the landlord, a nice enough fella, just can't deliver cool air? ... Full story
Cape Town, Naspers parking lot deal to be examined
The Public Protector is to investigate the R106 million deal signed between the City of Cape Town and publishing group Naspers for a parking lot that could be worth less than half the amount. ... Full story
Cele asked why two buildings, one owner
Bheki Cele cannot explain the coincidence that both buildings identified for police accommodation in Durban and Pretoria are owned by one man. ... Full story
Massive leap in home affairs building rental
The home affairs department is paying R33 million a year rental for its new Pretoria headquarters, more than one-and-a-half times what it previously paid for office space. ... Full story
Cele instructed official to lease space
Suspended police chief Bheki Cele instructed a senior procurement official to lease space in two building in Pretoria and Durban to be used as the police's new headquarters, an inquiry into his conduct heard on Monday. ... Full story
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Village View gets R20 million Facelift
The stylish Village View shopping centre in Bedfordview is undergoing a R20 million makeover by owners The Cavaleros Group. ... Full story
