Choose Your Advertising Need

Commercial tenant payments set to deteriorate

The performance of commercial property tenants could deteriorate further before improving, according to credit bureau Tenant Profile Network (TPN).

Posted at 09:02AM Jun 06, 2017 by Editor in Commercial  | 

Supermarkets' exclusive leases under investigation

The multibillion-rand retail sector, which is 90% ruled by the four national supermarket chains, has become the focus of an investigation by the Competition Commission, with public hearings under way in the city.

Posted at 04:07AM May 10, 2017 by Editor in Commercial  | 

Fresh start for ill-fated Tongaat mall

The ill-fated Tongaat Mall that collapsed three years ago, killing two construction workers, has been sold and a new shopping centre is to be built on the site.

Posted at 04:50AM Feb 20, 2017 by Editor in Commercial  | 

Sandton comprises 48% of SAs new office development

Office vacancy rates in South Africa increased by 0.2 percent to 10.7 percent in the fourth quarter of last year, compared with the previous quarter. The probability is that they could deteriorate further before improving.

Posted at 08:32AM Jan 25, 2017 by Editor in Commercial  | 

Houw Hoek hotel bought for R42m

One of South Africa's oldest hotels, built in the 18th century, was recently sold for R42 million.

Posted at 09:37AM Nov 15, 2016 by Editor in Commercial  | 

Parkhurst bowling club awaits tenders for redevelopment

The old Parkhurst Bowling Club is up for grabs. The tender to redevelop this park closes at noon today.

Posted at 09:09AM Nov 04, 2016 by Editor in Commercial  | 

Rent dispute shuts Umbilo library

Umbilo and Glenwood residents are up in arms over the closure of their local library - allegedly due to a rental dispute with the eThekwini Municipality's landlord.

Posted at 08:15AM Nov 01, 2016 by Editor in Commercial  | 

Economy's impact on office space bodes well

The impact of economic growth on office accommodation had resulted in a "positive move" that could gain momentum over the medium term, according to property services and investment firm Jones Lang LaSalle (JLL).

Posted at 07:40AM Nov 01, 2016 by Editor in Commercial  | 

Sapoa queries Public Works cap on office rents

Office property landlords are concerned by the government's continued restriction on the rental escalation rate in contracts secured with the Public Works Department, according to the SA Property Owners Association (Sapoa).

Posted at 04:42AM Sep 22, 2016 by Editor in Commercial  | 

Holiday developers must quit KZN buffer zone

A holiday home development close to the iSimangaliso Wetland Park has four months to vacate and rehabilitate the land in the "buffer zone" around the protected area, the Pietermaritzburg High Court has ruled.

Posted at 04:21AM Aug 22, 2016 by Editor in Commercial  |