Iconic Hospital Acquired for R300m

Cape Town - Two of the largest property developers in the Western Cape have teamed up to buy the old Christiaan Barnard Memorial Hospital in Cape Town’s CBD for R300 million.Rabie Property Group and the JSE-listed Ingenuity Property Investments have yet……more

Komatsu’s industrial campus to be one of South Africa’s largest

Earth-moving equipment giant, Komatsu, has partnered with Investec Property to consolidate its head office operations, warehouse and distribution centres as well as its workshops and re manufacturing facilities into one centralised property. Measuring approximately 300 000 square metres in size,……more

Redefine and Regus sign ten-year work space lease in Cape Town

Redefine Properties has announced that it has signed the world’s leading provider of fully serviced, flexible work spaces Regus Business Centres as a tenant at its iconic Black River Park in Cape Town. Starting in July, the company will occupy……more

Commercial property: The rise of tenant representatives

Tenant representation in the commercial sector has become standard practice in many overseas countries, and has now started to gain traction in South Africa as there is an increase in the complexities of negotiating a commercial lease.
This is according to Greg Huntingford,……more

Liberty Two Degrees and Hyprop count the costs of Stuttafords’ demise

Both companies are in talks with international fashion retailers to take up the empty retail space.

Ray Mahlaka  /  1 August 2017 Moneyweb
 
Mall-owners Liberty Two Degrees and Hyprop Investments have emerged as the biggest casualties from the closure of department……more

Redefine to launch industrial estate in Germiston

Redefine Properties, a diversified real estate investment trust, will soon launch the S&J industrial estate in Germiston, as it aims to invest further into high-tech industrial real estate rather than smoke-stack factories.
Industrial property has been a strong performing subsector……more