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Growthpoint reconsiders their view on FountainheadSince October 2012, the race for obtaining the R10 billion asset portfolio of Fountainhead Property Trust has resulted in two of South Africa’s biggest property companies going head to head. Growthpoint Properties and Redefine Properties had locked horns in a bidding war for the Fountainhead assets until Growthpoint withdrew their offer towards the end of May 2013.Jun 19, 2013
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The 2013 popularity of warehouse and distribution spaceDon’t be surprised the next time you take a drive up (or down) Pretoria Main Road and notice that near to the Buccleuch Interchange as well as at Allandale Road, the road has suddenly got wider, there are more traffic light-controlled intersections, and new warehousing and distribution premises have seemingly sprung up out of nowhere.Jun 05, 2013
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A new industrial development: Meadowview Business Park WestTaking a drive from Johannesburg North in the direction of Midrand, you might notice busy construction contractors laying retaining walls, erecting huge steel framework structures in the shape of warehouses, and widening secondary roads in anticipation of higher traffic volumes. The large warehouses and distribution centres seem to be going up en masse, indicating a surge in demand for these facilities closer to main transport routes, commercial centres, and the workforce.May 29, 2013
