File Image: IOLJOHANNESBURG - JSE-listed Growthpoint Properties got one step closer to acquiring N1 City Mall from Redefine Properties after the Competition Commission recommended to the Competition Tribunal that its proposed merger be approved without conditions.
The 64,000m2 N1 City Mall, with over 140……more
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
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 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
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
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