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Against a backdrop of sobering global economic factors, which include the ongoing European debt crisis and slowdown in China’s economy, the local manufacturing sector in South Africa appears to be maintaining a positive outlook which has spin-offs for the industrial property sector.   Shane Howe, leasing and sales broker for…

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Growthpoint Properties Limited has been awarded the SAPOA’s (SA Property Owners Association) Innovative Excellence Award in Industrial Property Development for the new tailor-made Ellerines warehouse it developed in Epping, Cape Town.   The award was announced the 44th annual SAPOA International Property Convention & Exhibition.  Growthpoint’s custom designed building, comprising…

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Chic shopping is now even more beautiful. Glossy cosmetics speciality retailer Red Square is opening at Morningside Shopping Centre on 1 August 2012, bringing top classic and up-and-coming branded cosmetics to Sandton’s fashion-forward shoppers.   “We are delighted to welcome Red Square to the centre,” says Centre Manager Jacqueline Douglas.…

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Building on its unparalleled trading success, Highveld Mall’s owners are investing R230 million to expand this regional shopping centre and enlarge its retail variety.   Highveld Mall will become the largest shopping centre in Mpumalanga when it opens its third phase in October 2012. This is Highveld Mall’s second major…

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Port Elizabeth’s iBhayi area will become a major urban retail hub with the development of the R195 million Kinako Mall at the intersection of the R75 Uitenhage Road and Spondo Road.   The development of the mall, which opens in April next year is seen as long overdue to serve…

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With a global focus on green design, reducing operating and energy costs with durable cost-efficient methods, Redefine Properties broke ground in their largest single building project to date.    Strategically located in the heart of Sandton’s business hub and in close proximity to the main Gauteng transport nodes, 90 Grayston…

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A task team made up of leading South African property industry figures is putting together an urgently needed sectional title arbitration panel – the Sectional Title Alternative Dispute Resolution Panel – in an attempt to break the deadlock that has arisen over the resolution of disputes in sectional title complexes.…

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The latest Lightstone review of the South African residential property sector gives further evidence that, although it would be premature to talk about a full-on recovery in the residential property market, trading conditions are very definitely improving, says Bill Rawson, chairman of the Rawson Property Group. “Lightstone’s figures are fairly…

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Read about the laws and guidelines in regards to setting, collecting and interest on late payment of sectional title levies. General manager of property management company, IHFM, Michael Bauer, discusses the streamlined process of arbitration, according to the levy default system in the Prescribed Management Rule 71.  This could save…

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