Understanding commercial lease deposits and how they work

A tenant is required to pay the landlord a deposit, a predetermined sum of money, before taking occupation of any commercial premises.
“This deposit is kept by the landlord to serve as security during the period of the lease,” says Leon……more

State of Transformation Report for the Property Sector launched

According to the Property Sector Charter Council's (PSCC) recently launched 2015-2016 State of Transformation Report for the Property Sector, the South African property sector is making reasonable efforts towards transformation, but it needs to pick up the pace.
The launch coincided……more

Big Squeeze On Malls

 Big squeeze on malls
Stuttafords’ shutdown may be only the tip of the iceberg for mall owners, who are facing further tenant failures and store closures as consumer spending tightens. But it’s not necessarily all bad news
15 JUNE 2017 - 06:48 JOAN……more

Investing in the next generation at Richmond Park

While the development of Richmond Park, in Cape Town, by Atterbury and its partners is steaming ahead, the community development and support programme is also delivering its first results, thanks to the efforts of the ace team of the Richmond……more

Spear goes all-out in Cape Town

CEO says continuing ‘semigration’ means Western Cape is not suffering the same property problems as the rest of SA
The market is clearly impressed by Spear Reit’s growth story, judging by the significantly oversubscribed capital raise concluded by the company……more

R42m facelift for Babelegi Industrial Park in Hammanskraal

Trade and Industry Minister Rob Davies launched the first phase of the revitalisation of Babelegi Industrial Park in Hammanskraal, saying the area has potential for economic growth.
“We took the decision as the Department of Trade and Industry (dti) to support……more