Industrial Property

Major KZN industrial property developments on track

Zoned land with development rights coupled with increasingly complex rezoning processes is the undoubtedly the Achilles heel of a commercial property upturn countrywide. In Kwa-Zulu Natal there is one notable exception, the newly launched Ballito Services Park North. ... Full story

Property redevelopment on the rise in Isando

Industrial nodes around the country are experiencing an increasing number of property redevelopments. This comes down to three factors namely location, infrastructure supply and the ability to deliver a modernised facility at less than new built rentals. ... Full story

Emira Property Fund’s distribution for the six months to December 2011

Emira Property Fund announced that it has distributed 53.81 cents for each Emira participatory interest (PI) for the six months ended December 2011, a 2.5% decline over the same period in 2010. ... Full story

Industrial tenants get a good deal

The industrial property market favours tenants at the moment and the current market conditions could continue for the next 12 to 18 months. ... Full story

Chevrons’ new head office at Century City

Chevron South Africa plans to relocate its South African headquarters to Century City. ... Full story

Johannesburg commercial property market overview for q4 2011

Global professional property services firm Jones Lang LaSalle today released its Q4 2011 Research Report on the state of Johannesburg’s office and industrial real estate market. ... Full story

Vacant office space pressure landlords

The number of To Let signs outside vacant or partially vacant buildings is a reflection of growing desperation on the part of landlords says analyst ... Full story

R100 million cutting-edge facility for world's leading pump manufacturer

Meadowbrook, Germiston grows apace with Grundfos new SA head office and warehouse facility developed by Growthpoint Properties. ... Full story

Massive industrial property belonging to British American Tobacco sold

A 5ha industrial plant in Paarl belonging to British American Tobacco was sold last week by Auction Alliance for an undisclosed amount. ... Full story

Tenanted industrial business park in Boksburg secures R27 million at auction

A tenanted industrial business park in Boksburg, featuring established tenants and solid leases, secured a notable R27 million at last month’s multiple auction event. ... Full story

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