SA Commercial Prop News
Bank in Johannesburg
www.sacommercialpropnews.co.za
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What you should know about SA Commercial Prop News
SA Commercial Property News in south africa is the leading integrated resource for professionals and companies that own, develop, invest in, lease and/or manage commercial real estate.
Companies: SA's Retail Sector is in trouble but Mall Owner managed to eke out growth. SA's Retail Sector is in trouble but Mall Owner managed to eke out growth. Although South Africa’s economic strife has dimmed prospects for a long-term revival in consumer spending, shopping centre owner, Hyprop Investments (JSE: HYP) is still managing to eke out growth. There has been a change in the thinking of the South African property investor community towards offshore diversification in recent years. A new R1 billion mixed-use development in Cape Town CBD has been given the go-ahead despite facing objections. Construction companies that colluded around the 2010 Fifa World Cup Stadium projects, have paid their first sum of R117m in terms of the settlement agreement they entered into with the National Revenue Fund. BEE group acquires Murray & Roberts' infrastructure and building unit.
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Companies: SA's Retail Sector is in trouble but Mall Owner managed to eke out growth. SA's Retail Sector is in trouble but Mall Owner managed to eke out growth. Although South Africa’s economic strife has dimmed prospects for a long-term revival in consumer spending, shopping centre owner, Hyprop Investments (JSE: HYP) is still managing to eke out growth. There has been a change in the thinking of the South African property investor community towards offshore diversification in recent years. A new R1 billion mixed-use development in Cape Town CBD has been given the go-ahead despite facing objections. Construction companies that colluded around the 2010 Fifa World Cup Stadium projects, have paid their first sum of R117m in terms of the settlement agreement they entered into with the National Revenue Fund. BEE group acquires Murray & Roberts' infrastructure and building unit.
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