The Business Centre

Open plan is the best plan

Within a business space, although there may be a hierarchal order, staff work together and interaction is required on a daily basis. As traditional business space trends have changed and there has been more of a demand for companies to make use of teams, businesses are favoring open plan offices over the traditional cubicle. 3 Aug 2011 13:22

Shell warns of threat to SA risk profile

According to Business Live, Shell has warned that ongoing talk of nationalisation of various industries might raise South Africa's risk profile and force the company to re-evaluate its US$200 million investment in shale gas exploration in the Karoo. 29 Jul 2011 13:27

Confidence falls among SA's professionals

Confidence levels among South Africa's 3000 graduate professionals have deteriorated in the second quarter of the year, reports The Citizen. Confidence in the country's healthcare system, was just 46% down from 50% in the previous quarter and the reason appears to be on-going discussions over the introduction of a National Health Insurance scheme. 29 Jul 2011 12:12

Row simmering between Pickvest and investors

While Pickvest (formerly Picvest and PIC Syndications) insists that it has not breached any laws regarding the property syndications they have in their portfolio, Pierre Hough, a business law strategist is adamant that the investments were dodgy as R3,5 billion of investors' money was released before the properties were transferred to the syndication vehicle, reports The Citizen. 20 Jul 2011 07:16

UK commercial property market recovery presents investment opportunities

The continued recovery of the UK commercial property market, coupled with the strengthening of the rand relative to pounds sterling, has presented South African investors with a unique opportunity to invest in the UK while capitalising on the recovery cycle. 3 Dec 2010 07:46

Lephalale sees industrial property growth

According to Assis Pontes, area principal for Pam Golding Properties (PGP), Lephalale (Ellisras), some 138km north of Thabazimbi, is generally considered the fastest growing node in Africa. A new 309-hectare industrial park strategically positioned in an industrial corridor situated between the new Medupi and existing Matimba Power Stations and near Grootgeluk coalmine in Lephalale is being marketed by PGP's Ellisras office. 2 Dec 2010 08:44

V&A Waterfront increases footprint for 2010

The V&A Waterfront's strategic focus on innovation, new developments and a stronger retail offering, ensured increased footfall in 2010, compared to the same period last year, says CEO David Green. 26 Nov 2010 07:10

Listed property companies in Top 100

The listed property sector fared particularly well overall amongst South Africa's top 100 companies, with nearly 15% of companies performing in the top 50 for 'profit after tax' and 'growth over 10 years'. 26 Nov 2010 07:01

Push PE waterfront plan, urges Mtati

[Guy Rogers] Former Percci chief executive and Port Elizabeth business consultant Odwa Mtati has called for greater pressure to be put on Transnet to partner with other port stakeholders to help transform this key asset into a state-of-the-art waterfront. 25 Nov 2010 11:30

New FNB figures on mortgages, credit

According to the latest FNB figures, the household sector credit growth continues acceleration, but there is no improvement in mortgage growth. September's mortgage growth remained unchanged at 4.8% year-on-year and the overall household sector credit growth continued its acceleration from 5.6% to 6.3% year-on-year. 3 Nov 2010 08:26

Large industrial users look for space around OR Tambo

Companies requiring cold-storage facilities and other large industrial users are leasing industrial space in areas around OR Tambo International Airport, including newer areas such as Meadowdale and Jet Park, according to Lee Greyvenstein, leasing and sales broker for JHI property services group. 1 Nov 2010 09:42

Storage company expands operations

Cape Town based Stor-Age, reportedly the largest self-storage company in South Africa, has acquired The Storage People (TSP) in Midrand, Johannesburg through financing from Nedbank Corporate Property Finance. The deal is expected to be finalised during November 2010. 26 Oct 2010 10:47

Property24.com

The future has arrived - and it's social

Property 24.com's Theo Mseka recently attended the Real Estate Connect conference in San Francisco. He returned with a new understanding of social media and the property business. 31 Aug 2010 12:18