Commercial Broker
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We require the services of an experience Commercial & Industrial property broker.
Good package offered.
Please call 082 449 5007
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Collins Properties
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Collins Properties
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media -> Bad leavy payers |
CAPE TOWN - body corporates administering sectional title apartment buildings have been warned to apply ruthless practices in collecting levies or face the prospect of their properties degenerating into buildings of no value...
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media -> Estate companies under fire |
Cape Town property executive Alyce Collins has accused some of her fellow realtors of encouraging clients to invest in foreign properties when the rand "was patently oversold and interest rates due for adjustment downwards"...
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media -> Huge revamp for city Centre |
Cape Town's central business district (CBD) is on the brink of its biggest inner-city development yet, with large chunks of two historic blocks to be redeveloped into a luxury hotel and residential, commercial and retail space...
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media -> Tenants market is over |
Landlord payback as world's lowest space costs start catching up with international markets.
Office rents in Johannesburg and Cape Town have burst through R100/m²/month for the first time in five years, confirming a shortage of quality space.
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media -> R230m business park for Century City |
A 40 000 square metre business park is to be built on a prime Century City site in Cape Town at an estimated cost of R230m.
A 40 000 square metre business park is to be built on a prime Century City site in Cape Town at an estimated cost of R230m. The high visibility, prime location development fronting onto Bosmansdam Drive will provide offices, showrooms and distribution premises.
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media -> Century City gets new owners |
A flurry of new development can be expected at Century City following the transfer last week of the multi-billion rand development to new owners.
A flurry of new development can be expected at Century City following the transfer last week of the multi-billion rand development to new owners.
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media -> New lease on life for Ratanga Junction |
Ratanga Junction, which has opened for the June July school holidays for the first time in three years, has acquired new owners and with it a new lease on life.
Nedbank Group has sold Cape Theme Parks, the company that owns Ratanga Junction, to Century City Property Developments (Pty) Ltd, which plans to aggressively grow the theme park and related conference and function business, the companies announced in a joint statement issued yesterday.
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media -> Surge in listed property prices set to continue |
The surge in listed property prices over the past few years looks likely to continue, according to the latest report from property economists Rode & Associates.
The report shows that investors’ thirst for retail, office and industrial property is continuing to drive capitalisation rates down. Capitalisation rates, the nonlisted property sector’s equivalent of equities’ forward earnings yields, decline when prices rise.
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media -> Nedcor sells Century City |
South African banking group Nedcor's wholly-owned subsidiary Century City (Pty) Ltd has sold the property owning, construction and development business of Century City (Pty) Ltd to the Rabie Group for R118m.
In terms of the agreement, which is subject to certain suspensive conditions being fulfilled, the Rabie Group will acquire all the undeveloped land and associated development rights at Century City. Transfer is expected to take place within the next few months, Nedcor said in a statement on Wednesday.
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media -> Ratanga still in Business |
Century City has denied allegations that the complex, which includes Ratanga Junction, has been sold to make way for a huge housing project.
Hundreds of employees at the entertainment centre could lose their jobs if the gates should close.
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media -> Nedcor sells Canal Walk |
Banking giant Nedcor has agreed to sell the Canal Walk shopping centre at Century City in Cape Town to listed property group Hyprop Investments for a cash consideration of R1.16bn (inclusive of VAT at 0%), Nedcor announced on Friday.
Ellerine Bros will be a co-owner of the property with Hyprop, acquiring a 20% undivided share in the business and having assumed 20% of the purchaser's obligations in terms of the agreement with Nedcor.
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media -> Be wary of buy-to-let market |
While the outlook for the commercial property sector (retail and industrial) is particularly rosy over the next year and beyond, the average investor should however be wary of the buy-to-let market given that the residential property sector is now past its boom phase.
The current property environment, supported by the most recent interest rate cut, continues to tell a positive story following a phenomenal run last year - both for physical property and the listed property market.
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media -> SA office rentals firm |
Johannesburg - Cape Town and Durban were included in 11 cities experiencing an upswing in office rentals, out of 50 cities surveyed in Europe, Middle East and Africa by international property network NAI, reports the network's South African partner NAI Finlay.
These three South African cities join London, Bucharest, Budapest, Dublin, Edinburgh, Tel-Aviv, Istanbul and Riga in achieving increased rentals on commercial property, according to the NAI report published for the final quarter of 2004.
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