Ad company fights to retain Umhlanga wall space, and wins

Pleading that their business would face financial ruin if they lost prime advertising billboard sites in Umhlanga Rocks, an advertising company has secured an interim interdict against a body corporate which wanted to cancel their rental agreement.

Posted at 08:12AM Feb 29, 2012 by Editor in Commercial  | 

Investors claim hotel developer has shortchanged them for five years

A group of investors in the luxury Royal Palms hotel in Umhlanga Ridge say they have hardly received a cent back on their investments in five years.

Posted at 10:20AM Feb 28, 2012 by Editor in Commercial  |  Comments[1]

Soweto gets big new shopping centre

Situated in the heart of one of the most affluent areas in Soweto, Diepkloof Square community shopping centre is set to transform convenient shopping for this community when it opens in October.

Posted at 08:40AM Feb 14, 2012 by Editor in Commercial  | 

Property giant wants to demolish acclaimed Werdmuller Centre

If financial services giant Old Mutual gets the green light, a hotly contested building in Claremont, the Werdmuller Centre, will be razed to the ground and a new development will rise up in its place.

Posted at 12:02PM Feb 06, 2012 by Editor in Commercial  |  Comments[8]

'Commercial property nears recovery'

The South African commercial property market was entering the early stages of the recovery phase despite the ongoing global economic turmoil, the Broll Property Group said yesterday.

Posted at 08:25AM Feb 02, 2012 by Editor in Commercial  | 

Iconic Durban hotel changes hands

Durban's iconic 167-year-old Royal Hotel has been sold to a tycoon from Swaziland for an undisclosed amount.

Posted at 08:23AM Feb 01, 2012 by Editor in Commercial  |