Property development in the greater Irene area south of Pretoria is set to boom. This follows the approval of about 500 000m2 of bulk space in the planned Irene Central project area for phased mixed-use development. Org Geldenhuys, the managing director of property management and development company Abacus DIVISIONS, said a number of leading property … Continue reading
Monthly Archives: April 2013
ABACUS GETS A LOT OF PUBLICITY!!
We at Abacus would just like to share the great news. ABACUS DIVISIONS has recently been mentioned on two seperate websites in regards to the Eskom’s Electricity and Operating Costs currently effecting the hole of the country as well as the big boom in Property Development taking place in and around Irene. We really do … Continue reading
Eskom’s lower than expected increase brings a reprieve for the commercial property market…
Last month’s news that power utility ESKOM had been refused its application for a 16%-a-year tariff hike for five years – instead being granted an 8% hike – is good news for the commercial property sector, which is being strangled by operating costs. This is according to ORG GELDENHUYS, managing director of property development and … Continue reading