Commercial

Published stories attached to the Commercial category.

67 items

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Dipula Seals R2bn Acquisition of Retail Portfolio

Dipula Properties has agreed to buy a portfolio of nine shopping centres from Moolman Group and its co-investors for R2 billion, the landlord's most valuable transaction to date.

News

Crown Paints Loses Court Fight Over Unauthorised Branding on Thika Building

Kenya's High Court has upheld a Sh3.5 million damages award against Crown Paints for using a commercial building in Thika for advertising without the property owner's consent.

News

Vacant South African retail space gives tenants new leverage

A growing pool of vacant retail and commercial space in South Africa is shifting the balance of power toward tenants, giving occupiers room to negotiate lease terms, fit-out contributions and flexibility that would have been difficult to secure just a few years ago.

News

Vukile opens R76.1m Nonesi Mall expansion in Komani, Eastern Cape

JSE-listed REIT Vukile Property Fund has completed and opened a R76.1 million extension and refurbishment of Nonesi Mall in Komani, adding 3,100 square metres of fully pre-let retail space.

Article

The R196bn gap: Why Joburg commercial property is trading at a massive discount

Johannesburg's commercial property market is valued at an estimated R196 billion below comparable Cape Town levels, with offices trading at roughly half the price per square metre, according to a Gmaven analysis.

News

KCB Allowed to Take Over Kilimani Apartments in Sh2bn Loan Row

A Kenyan High Court has ruled that KCB Bank acted within its rights in placing Northcote Business Centre's Kilimani apartment blocks under administration to recover defaulted Sh2 billion ($16 million) loans.

News

R285.5 Million Sale Breaks South Africa’s Property Auction Record

Specialist auction house In2Assets closes a milestone transaction on a high-value manufacturing and logistics facility in Durban’s Southern Industrial Basin, surpassing the national single-lot record set in 2014.

News

High Costs and Mismatched Demand Leave Nigeria’s Commercial Buildings Empty

Nigeria’s commercial property market is facing an unusual problem: strong demand exists, yet completed buildings are still sitting vacant. High rents, expensive operating costs and a shift toward smaller, flexible spaces are widening the gap between what developers build and what businesses want.

Article

First-of-its-Kind R100 Million "Epione Health Village" Opens in Rosebank, Johannesburg

Developed by Growthpoint Healthcare Property Holdings, the flagship integrated facility brings GPs, specialist surgery, diagnostics, and pharmacy under one roof to deliver affordable community care.