Lease Agreement

Edgars store owner running out of steam

Edcon, which had already been under a financial strain, revealed that the coronavirus has had a negative impact on the company and it would lose close to a billion rand during the 21-day lockdown period.

The Foschini Group to skip Rental Payments amid SA lockdown

As South Africa goes into a 21-day nation-wide lockdown, The Foschini Group [JSE: TFG] – whose brands include Foschini Stores, @home, Markham, Totalsports and Sterns – said it’s stopping rental payments because of the impact of the coronavirus outbreak.

Landlords play Father Christmas

With the continued sluggishness in the commercial property market landlords and property owners are more frequently thinking out of the box by coming up with unique ways to attract tenants.

JHI Properties leases R60 Million two large Industrial Property in Gauteng

Evidence of the ongoing demand for large industrial space is a 10 year lease for a site of 13 550sqm in the new ‘Twenty One’ industrial estate in Olifantsfontein, Gauteng, in a transaction secured by JHI Properties on behalf of All Joy Foods.

11 000 sqm Industrial space secured for Dubai-based Darvesh Group

The Dubai-based Darvesh Group, which operates in the packaging industry in South Africa, has taken up 11 000sqm of space in New Germany Industrial Park in a lease transaction concluded by JHI Properties KwaZulu-Natal.

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

Leading chemical group — BASF relocates to Century City

BASF, the world’s leading chemical group, is relocating its Cape Town offices to Century City.

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?

Lease deal scrutiny must confront corruption

National Treasury's review of 3,000 government leases is an opportunity to confront the corruption, says the DA MP Dion George.

Demand for large industrial space on the rise in Cape Town

Enquiries for industrial space to let in the Cape Town area have increased, to the extent that there is a great deal of movement in the upper segment of the market, from 1 500-10 000sqm in size.

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