It appears that industrial property developers are looking at developing smaller properties –certainly in the greater Irene area –and this became evident at the pre-launch of the latest industrial development in Irene, The Rietvlei Corporate and Industrial Estate. According to Org Geldenhuys, managing director of property development and marketing company, Abacus DIVISIONS, there was an … Continue reading
Monthly Archives: July 2013
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 http://, managing director of property development and management … Continue reading