Property opportunities in Africa are hot topics for the local industry and these are one of the issues to be tackled at the 44th annual SAPOA International Property Convention & Exhibition on 30-31 May 2012 at the Durban International Convention Centre.
25 May 2012 07:11
In anticipating that the Reserve Bank would keep the repo rate steady, Dr Andrew Golding, CE of the Pam Golding Property group stated, "Inflationary pressures are noted and, while recent reports of reduced consumer indebtedness are positive, South Africans, including homeowners, are faced with ongoing fuel and utilities price hikes, as well as increases in property rates."
25 May 2012 06:45
Scottsville Mall has recently reopened stores such as Mr Price, Rage, Capitec Bank, Fierce, Emwangeni Hair Salon and Bean Scene, with many offering opening specials. The last final changes are being made in the weeks leading up to the centre's official re-launch.
22 May 2012 11:24
Bedfordview's Village View shopping centre is undergoing a R20-million makeover by its owners, The Cavaleros Group. The redevelopment aims to enhance this popular centre with greater retail variety, better shopper flows and a more vibrant overall experience.
18 May 2012 14:47Residential building activity in the South African market for new housing deteriorated on a quarterly as well as an annual basis in the first quarter of 2012, according to Jacques du Toit, property analyst at Absa Home Loans.
18 May 2012 12:36
Asset, a new, interactive digital publication for the commercial property industry, has just launched its first issue. The publication is a crossover between the publication itself and the eProp.co.za website and e-newsletter.
18 May 2012 06:50
Boitekong Mall opened in Rustenburg, taking advantage of the long weekend to attract consumers to the R180-million mall, with the main anchor tenant of Shoprite.
15 May 2012 11:46The 2012 entries for the SAPOA (South African Property Owners Association) Awards for Innovative Excellence in Property Development have increased to 29 from 27 in 2011, across 10 different categories, with nearly one third for refurbishment projects.
14 May 2012 13:21
The Master Builders Association of the Western Cape (MBAWC) supports the majority of the statements made by Minister of Human Settlements, Tokyo Sexwale, in his address recently to the National Assembly regarding the Human Settlements Budget Vote. However, Rob Johnson, executive director of the MBAWC, says, "Minister Sexwale's address contained a number of elements which have our full support however there are a few which we oppose."
14 May 2012 06:55Hyprop unitholders on Tuesday, 8 May 2012, voted in favour of selling Hyprop's 50% undivided share in Southcoast Mall to Redefine Properties Limited.
9 May 2012 15:42
Lephalale, a rapidly growing town fuelled by coal mining, will see the opening of the first phase of the Lephalale Mall development in November 2012. The 14 800sqm will include anchor tenants Game, in a 4200sqm store and Checkers in a 4100sqm store.
9 May 2012 13:59The South African retail sector in general has remained resilient as shoppers continue to seek value for money offerings, says Johan Engelbrecht, director retail management for JHI Properties. This is despite cost pressures such as fuel, electricity and municipal rates, which continue affect consumers.
3 May 2012 10:12
On 26 April 2012, the official extension of the Pan Africa Shopping Centre in Alexandra, north of Johannesburg, opened with the addition of Mr Price Weekend, Truworths and Edgars Active.
2 May 2012 12:13
The opening of the new Nicolway Bryanston shopping centre, on Thursday 26 April 2012, saw shoppers swarm to the fully let, 23000sqm centre with its 90 shops.
30 Apr 2012 10:29
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