Approval for mixed-use developments to spur ‘explosion’ of construction in Irene…
Route 21 Corporate Park

Approval for mixed-use developments to spur ‘explosion’ of construction in Irene…

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

Eskom’s lower than expected increase brings a reprieve for the commercial property market…
Route 21 Corporate Park

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