2 Jul 2013

Property & Real Estate

First and foremost, have fun

Work on work that is meaningful. Cape Town's Black River Office Park is taking sustainable development to a whole new level. They're in the process of installing the largest solar PV system in Southern Africa. Two green thumbs up to you lot!

Take risks. There's a new SA radio station lurking on the interwebs, and it goes by the name of EuroTrashMusic - not your cup of tea? Don't be put off by the name - it's more a reference to a type of music rather than the location of the music, explains the station's founder Craig Steyn. Ruth Cooper finds out who they are, what they do, and why they do it in, EuroTrashMusic and the future of online radio.

Surround yourself with people who are cleverer than you. Education NPO SABSA will soon host the 8th Business School Expo in Joburg, open to anyone interested in finding out more about executive education. Attendance is free if you register online, otherwise pay R100 at the door on the day. Bit of a no-brainer, right?!

And finally, have fun! Number one on the list, and my favourite tip from Tara Turkington who shares her ten tips to building a great team - four of which have been mentioned above.

Go forth and lead by example!

Sindy Peters, Group Head: Content

PS. Good news, everyone! We've extended the deadline of our reader competition until Monday, 15 July 2013. Simply create or update your MyBiz Profile on Bizcommunity and stand a chance to WIN an awesome GoPro camera and accessories worth over R6000!

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Weekly top stories

SA government proposes Butlins-style low-cost holiday resorts
[Michael Bromley] The South African Department of Tourism has announced its intention to unlock underused government-owned properties and partner with the private sector to develop low-cost holiday resorts in South Africa, similar to the Butlins resorts concept initiated some years ago in the United Kingdom. Read more >>
GoPro reader competition deadline extended until 15 July!
[Issued by Bizcommunity.com]
CT office park installs largest solar PV system in Southern Africa

Property & Real Estate
Acid mine drainage threatens Gauteng's foundations
Acid mine drainage (AMD), contaminated water that flows from metal mines, poses a threat to the foundations of many buildings in Gauteng's Central, Western and Eastern Basins, due to its corrosive nature. Acid mine water is no longer simply industrialists' and mine owners' problem. Read more >>



GoPro reader competition deadline extended until 15 July!
[Issued by Bizcommunity.com] Good news, everyone! We've extended the deadline of our reader competition until Monday, 15 July 2013. Simply create or update your MyBiz Profile on Bizcommunity and stand a chance to WIN an awesome GoPro camera and accessories worth over R6000! Read more >>  visit press office >>


Commercial
Redefine buys out UK minority stakes
[Zeenat Moorad] Redefine International plc‚ the London-listed subsidiary of JSE-listed Redefine Properties International‚ said on Monday (1 July) it had bought the remaining minority interests in its Newington House‚ Ciref Malthurst and Trito Kwik-Fit entities for £1.9m. Read more >>

CT office park installs largest solar PV system in Southern Africa
The Black River Office Park in Observatory, Cape Town is in the process of installing the largest roof-mounted solar photovoltaic system in Southern Africa. Once completed, the entire operation will generate around 1.9 gigawatt (1.9 million kilowatt) hours per year, or enough energy to power 1000 average sized houses. Read more >>

High demand for Houghton commercial property - Barrow Properties
Rosebank's revitalisation has transformed the suburb into Johannesburg's second business hub in the north, following close on the heels of Sandton. This has meant Johannesburg's young, up-and-coming professionals and large enterprises alike have been drawn to the area. The upmarket suburb of Houghton is now experiencing a similar growth spurt with increased demand for commercial property in the area. Read more >>

Capco sells its London asset
[Nick Hedley] London- and JSE-listed Capital & Counties Properties (Capco) said on Wednesday (26 June) that its joint venture with London-listed Great Portland Estates had sold its last remaining asset, Park Crescent West to PCW Property Holdings for £105m Read more >>


Commercial Property
New executive positions at Jones Lang LaSalle SA
Mark Bradford, currently MD of Jones Lang LaSalle South Africa, has been appointed as the firm's first chairman for Sub-Saharan Africa, with a broad remit overseeing the firm's growth strategy across the whole African continent, as part of a global real estate services firm. Craig Hean succeeds Bradford as MD for South Africa. Read more >>


Property Management
Nxesi shares his woes with property sector
In the first meeting of its kind since the dawn of democracy, the Department of Public Works and property owners gathered for breakfast at the Park Hyatt in Johannesburg to discuss issues of mutual interest. Read more >>

Rising electricity costs force increase in solar power usage
[Ori Saban] The South African economy is very sensitive towards the topic of energy, mostly owing to the price of electricity, its scarcity, climate change and a focus on sustainable living. Read more >>

Private Property presents new site to international acclaim
[Issued by Private Property] Private Property has launched its all-new offering to international acclaim. The project, which became known to the development team as "Phoenix", was initiated to re-imagine the company's 10-year-old legacy website. Read more >>  visit press office >>

Private Property receives US$20-million investment from jobs portal
[Issued by Private Property] One Africa Media (OAM), previously named Private Property Holdings, has secured a US$25-million round of investment from Australian-listed jobs portal SEEK, for the expansion of its operations across Africa. Read more >>  visit press office >>

New property iPad app jumps to number one download
[Issued by Private Property] Private Property's new iPad app, designed in conjunction with the company's all-new website, became South Africa's number one free app in terms of downloads - within a week of its release. Read more >>  visit press office >>


Residential
Impaired credit records challenge bond originators - Van Alphen
According to Mike van Alphen, national manager of Rawson Finance, the Rawson Property Group's bond origination division, it is surprising that many South African bond originators have managed to increase their percentage of accepted bond applications, when the "staggering" rise in debt payment defaulting is taken into account. Read more >>

Cape Town CBD revamped through building refurbishments
Cape Town's Central Business District (CBD) is keeping up with world-class standards for business destinations through a growing number of building refurbishments, which range from revamping interiors to overhauling buildings. Read more >>

Houghton: one of SA's most cosmopolitan top-end suburbs - Ennik
The Upper Houghton Residents' Association website opens with the quote: "Love thy neighbour as thyself, but choose your neighbourhood" (Louise Beal). Read more >>

Insurance of sectional title units
It is a common misconception among sectional title unit owners that movables such as furniture and curtains, as well as buildings, common property, and fixtures within sections are covered by the body corporate's insurance policy. Read more >>


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