Tag: South African Property



South African Commercial Property proves a Global Winner

Posted on 10 April, 2014 by Cliff Goodwin under Worldwide Property News

Profits on South African retail, office and industrial property have reached a six-year high, according to new international research, making the republic one of the world’s most lucrative commercial property investment markets. Of the 16 countries... Read More

SA Approval for £335m Growthpoint Acquisition

Posted on 9 March, 2014 by Cliff Goodwin under Commercial Sales and Lets, Worldwide Property News

The South African Competition Commission has approved the £335m sale of the Tiber Group’s management business and real estate portfolio to Growthpoint Properties. The 27-property portfolio spans more than 320,000sq metres of prime office space,... Read More

Cape Town Development attracting Top Tenants

Posted on 1 March, 2014 by Jodee Redmond under Worldwide Property News

Cape Quarter Lifestyle Village, located in Green Point, Cape Town, has gone through a rapid regeneration due to the efforts of its managing agents Spire Property Management and owners Tower Property Fund. One of these changes is that a number of retail and... Read More

SA Interest Rate Increase may be Speed Bump for Commercial Property Upturn

Posted on 8 February, 2014 by Jodee Redmond under Worldwide Property News

The latest round of interest rate increases by the South African Reserve Bank (SARB) has proved to be a disappointment to the commercial property market. SARB has increased the repo rate by 50 basis points to 5.5 per cent, due to concerns over the inflation... Read More

South African Carbon Tax Will Deter Investment says Property Industry Leader

Posted on 2 June, 2013 by Jodee Redmond under Worldwide Property News

The South African government's proposal to start collecting carbon taxes starting in 2015 could contribute to the high administration costs facing the commercial property industry. Property analysts and CEOs have identified it as one of the industry's biggest... Read More