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Modderfontein the future 'New York' of Africa

Modderfontein - It is in this suburb of Johannesburg that the Chinese Shanghai Zendai Property decided to invest. ... Full story

Opportunities for property developers who know where to look

Nedbank Corporate Property Finance’s solid financial results for the first half of this year underpin MD Frank Berkeley’s confidence that there will continue to be opportunities for those developers and financiers that know where to look for them.

Public Investment Corporation (PIC) decries building collusion

Public Investment Corporation (PIC), says construction firms recently fined R1.46-billion for colluding to fix tenders for soccer stadiums, roads and other major projects, should claw back bonuses from the crooked executives who fixed the projects.

SA Property Sector speaks out on collusive tendering in Construction Industry

The South African Property Owners Association (SAPOA) has condemned the collusive practices of local construction companies between 2006 and 2011.

Group Five out on a limb

Government is satisfied that it has broken the back of a longstanding cartel in the construction industry. It is the first time the competition commission has targeted an entire sector, and the settlement amount — R1,46bn — is the largest it has ever administered.

Shree Property breaks ground on a new Distribution Facility at Dube TradePort

Durban-based property development company and family-owned Shree Property Holdings has broken ground on a warehouse and distribution facility at the multi-million rand mega industrial integrated site in KwaZulu-Natal, the Dube TradePort.

Redefine secures tender to develop new head office for Webber Wentzel Attorneys

After an intense tender and selection process by Webber Wentzel Attorneys, which received some 27 submissions by sector heavyweights including Redefine, Growthpoint, Zenprop, Intaprop and others, it has awarded the tender to Redefine Properties.

Sycom Property Fund adds Roggebaai Place to the Foreshore skyline

Sycom Property Fund has agreed to purchase the completed Roggebaai Place development from Braamcor- a 14 storey office block that will be a highly visible addition to the Foreshore’s fast expanding skyline.

Basil Read launches R1.85 billion Malibongwe Ridge Development

Basil Read Developments a division of JSE-listed construction group Basil Read, on 11 March 2013 broke ground on a R1,85 billion Malibongwe Ridge mixed-use development, close to Cosmo City in northwest Johannesburg.

Nedbank commits funding and acquires stake in new Makro Alberton development

A ground breaking multimillion rand venture known as the Newmarket Park Development is set to change the Alberton CBD with the belief that it will bring even more development to this growing area.

Investment in property developments continue to rise in Cape Town’s CBD

Investments into commercial property developments and refurbishments continue to rise in the central city of Cape Town.

First Sod Turned for R200-million Seshego Shopping Mall

An official sod turning ceremony for the 15000 square metre shopping centre in Seshego outside Limpopo's capital Polokwane, was held on Wednesday 14th November 2012.

Joburg gets R1.3 billion Newtown Junction mixed-use development

Property investment and development company, Atterbury has broken ground for an exceptional new R1.3 billion mixed-use retail and business development in the Johannesburg CBD.

R920 Million redevelopment set to ‘modernise’ Rosebank Mall

Rosebank Mall’s R920 million facelift is expected to provide shoppers a “modern refreshed look and feel” and double its size to 62 000 m² of lettable area.

Remarkable Property development activity shows business confidence in Cape Town’s CBD

A view of Cape Town’s CBD skyline will show at least ten towering cranes at work on various new developments.

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