http://www.ashprop.co.za daily 1 2011-02-08T18:20:06Z http://www.ashprop.co.za/news/growthpoint-properties-concludes-r100m-warehouse-development Growthpoint Properties Ltd and Grundfos South Africa have concluded a leasing deal where Growthpoint will develop a 10 000 m2 building in Meadowbrook, Germiston, custom designed to give Grundfos a 100% fit. No publisher grant 2012-02-03T09:16:12Z News Item http://www.ashprop.co.za/news/johannesburg-commercial-property-report-2011-4th-quarter Jones Lang La Salle has just released its Q4 2011 on the status of the commercial property market in Johannesburg. Office Market Despite the flat line economy seen during the last quarter of 2011, an improvement in office space rentals helped to secure minimal increases and reduced vacancies in the more prominent nodes in the Johannesburg office market. No publisher grant 2012-02-01T12:39:32Z News Item http://www.ashprop.co.za/news/office-space-vacancies-reducing-in-growthpoint2019s-portfolio When Growthpoint successfully leased two prime office blocks in Cape Town recently, it’s vacancy footprint in that city moved below 5%. SAPOA’s statistics for the Cape Town CBD show that office space vacancies stand at 10.2% while the high demand nodes of Century City and the V&A Waterfront stand at 8.7% and 5.7% respectively. No publisher grant 2012-01-25T11:30:48Z News Item http://www.ashprop.co.za/news/commercial-property-sales-boost-emira-property-fund-by-r260m Since the beginning of its 2012 Financial year Emira property Fund (EMI) has raised in excess of R260m through the sale of eleven properties in its portfolio. No publisher grant 2012-01-25T11:27:39Z News Item http://www.ashprop.co.za/news/upmarket-katherine-west-office-development-selling-well Almost 40% of the Katherine West Development in upmarket Sandton has been sold. With 4 of the 7 penthouses sold off plan and with another 10% of the total office space currently under negotiation, this development is set to become a landmark in prestigious office space. No publisher grant 2012-01-19T14:46:09Z News Item http://www.ashprop.co.za/news/commercial-property-becomes-new-market-indicator In an interview with Jason Lee, the Head of Rawson Property’s new Commercial Franchise Division, the following facts emerged: No publisher grant 2011-12-06T13:13:56Z News Item http://www.ashprop.co.za/news/growthpoint-in-r52m-warehousing-deal Growthpoint Properties has concluded a lease deal valued at R 52 million with Bidvest Panalpina Logistics (BPL) in Rossburgh, KwaZulu Natal. This ranks as one of the biggest warehousing leasing deals in the Durban port area. No publisher grant 2011-11-30T13:55:55Z News Item http://www.ashprop.co.za/news/sapoa-appoints-2-new-directors Marius Muller and Mike Deighton are the newest additions to the Board of Directors of SAPOA (South African Property Owners Association). No publisher grant 2011-11-29T10:17:09Z News Item http://www.ashprop.co.za/news/government-announces-special-economic-zones-bill-approval The South African Government has approved the publication of a bill which outlines the establishment of Special Economic Zones which, unlike current Industrial Development Zones (IDZs), can be situated in areas not physically associated with a harbour or airport. No publisher grant 2011-11-29T10:14:02Z News Item http://www.ashprop.co.za/news/empty-office-space-being-bought-for-billions In these times where the global economy is under extreme pressure and the demand for vacant office space is dropping, JSE Property Funds are spending billions buying existing office buildings. No publisher grant 2011-11-22T11:52:45Z News Item http://www.ashprop.co.za/news/commercial-property-regulated-for-green-development In a welcome move, the building regulations in South Africa have been revamped with effect from 9 November 2011 to emphasize minimum energy efficiency standards. SABS has now completed development of SANS 10400 Part XA, a set of minimum standards for environmental sustainability in new and refurbished buildings. No publisher grant 2011-11-18T13:07:16Z News Item http://www.ashprop.co.za/news/leasing-commercial-property-read-this-first Entering into a new lease for commercial property or renewing an existing lease is one of the biggest commitments which a business can make. Every business needs premises and when a long term commitment (3 years or longer) is made, either for warehousing, factory or office space, it is surprising how many landlords and renters need assistance with negotiations. However, it is a fact of life that leases have to be renewed at some time. No publisher grant 2011-11-16T11:21:22Z News Item http://www.ashprop.co.za/news/office-space-gets-the-green-light The value in renting energy efficient office space has increased significantly over the past few years for businesses all over South Africa. Occupying office space in a Green Building not only allows you to save money on monthly utility bills, it also boosts company moral value. No publisher grant 2011-11-14T14:17:23Z News Item http://www.ashprop.co.za/news/industrial-property-overview-q3-2011 Contained in the latest industrial property figures released by SAPOA for the third quarter of 2011, the following facts re industrial property have emerged: • Prime gross rentals for industrial property have remained stagnant • Prime yields for industrial property is also stable at 9.25% • Vacancies for industrial property are up at 7% No publisher grant 2011-11-08T08:51:02Z News Item http://www.ashprop.co.za/news/johannesburg-office-space-overview-2013-q3-2011 Johannesburg office space figures were recently released by SAPOA , where the following facts emerged (when compared with Q2, 2011): • Office vacancies decreased from 11.1% to 10.5% • Total gross rentable area (‘000m2) increased from 8,386 to 8,484 • Prime rental rates (R/M2 per month) remained unchanged • Yield on Office Space declined from 8.75% to 8.5% No publisher grant 2011-11-03T13:05:42Z News Item