Realestateweb - Rosebank precinct booming - Commercial - South Africa's fastest-growing property website

Realestateweb - Rosebank precinct booming - Commercial - South Africa's fastest-growing property website

Old Mutual Property Group's project leader, Debbie Caplin, says R5bn is being invested in properties surrounding Rosebank's "The Zone" mixed use project in northern Johannesburg. Caplin was speaking at the official opening of the upmarket R850m project to extend The Zone, known as Zone 2 and OMIGP (Old Mutual Investment Group Property Investments).

Rosebank's Zone 2 is fed by the Gautrain and the bus rapid transport system. It comprises two floors of retail space, a 158-room Holiday Inn, a four-level basement parking garage and loft offices. Caplin says on the leasing side, the complex has let 75% of retail space and 52% of office space. She said: "It has been tough but we're seeing a lot more activity in the market and are confident that we'll be fully let by the 4th quarter of 2011."

Investec wants to operate in India - Financial | Moneyweb

Investec wants to operate in India - Financial Moneyweb

Investec (JSE:INL) has hired a handful of people in India in a bid to start an advisory business that will look at merger and acquisition opportunities and international finance for Indian companies looking to operate in Europe and Africa.

“We have got a few people on the ground there and we are waiting for regulatory approval. We have to get approval to become an adviser ... Strategically we have made an application for certain licences in India so that we can do advisory work,” Investec CEO Stephen Koseff told Moneyweb.

Realestateweb - Joburg launches inner-city property scheme - South Africa - South Africa's fastest-growing property website

Realestateweb - Joburg launches inner-city property scheme - South Africa - South Africa's fastest-growing property website

Investec sets out to build another Growthpoint, Metboard - Property | Moneyweb

Investec sets out to build another Growthpoint, Metboard - Property Moneyweb

Many negatives confront the property sector but the impending listing of Investec (JSE:INL) Property Fund shows that institutions still have a good appetite for listed property stock.

Sam Leon, CEO of Investec Property Fund, is not too worried about macro matters. All he knows is that on a micro level he is happy with the R1.77bn portfolio he is bringing to the market. His vacancies are lower than 5% and he reports that the quality of the tenants is superior

“Compared to the other funds, it is reasonably small but it is a platform from which to grow.”

Realestateweb - Steady renewal of optimism in commercial property market - South Africa - South Africa's fastest-growing property website

Realestateweb - Steady renewal of optimism in commercial property market - South Africa - South Africa's fastest-growing property website

Realestateweb - Global property player enters SA - South Africa - South Africa's fastest-growing property website

Realestateweb - Global property player enters SA - South Africa - South Africa's fastest-growing property website

Consumer Protection Act clarified - Soapbox | Moneyweb

Consumer Protection Act clarified - Soapbox Moneyweb

Presidency was not behind Companies Act delay - South Africa | Moneyweb

Presidency was not behind Companies Act delay - South Africa Moneyweb

What the new Consumer Protection Act will not cover - South Africa | Moneyweb

What the new Consumer Protection Act will not cover - South Africa Moneyweb

Realestateweb - PIC Syndications: Georgiou "defaults" - Commercial - South Africa's fastest-growing property website

Realestateweb - PIC Syndications: Georgiou "defaults" - Commercial - South Africa's fastest-growing property website