Author - PropertyWheel_GLP

News

Africa Logistics Properties launches 75% pre-leased Kenyan warehouse

Africa Logistics Properties has launched its first 49 000 square meter modern grade-A warehousing at ALP North Industrial Park.  75% of the facility is pre-leased. Toby Selman, CEO of ALP commented: “The near complete uptake of ALP North prior to launch speaks to the scale of the warehousing...

Research

FNB-BER Building Confidence Index – Q3 2018

Declining building activity keeps confidence low in 3Q. As in 2Q2018, the FNB/BER Building Confidence Index registered a level of 29 in 3Q2018. Although the overall index was flat, there were noteworthy changes in confidence among the sub-sectors which make up the index, particularly a sharp  drop...

News Who's Who in Property

Texton appoints interim CEO

Texton Property Fund has appointed Marius Muller as interim Chief Executive Officer with immediate effect. Muller currently serves as an Independent Non-Executive Director of the Board ah he will facilitate a smooth handover with NosiphiwoBalfour over the coming weeks. Marius’ career spans...

Areas and Places

Trevor Noah Foundation takes up office at The Workspace

The Trevor Noah Foundation has chosen The Workspace’s Melrose Arch coworking premises as the base of its South African operations.  Marie Schourie, CEO of The Workspace said that the company had given the Trevor Noah Foundation coworking space at Melrose Arch for twelve months. “The Trevor...

News

Redefine and Abland open new S&J Industrial Estate arterial road

Redfine Properties and partner, Abland Property Developers have officially announced the opening of the new public road which will improve accessibility to the 1.6 million square meter S&J Industrial Estate, situated along the N3 highway, south of Germiston.  The construction of Gosforth Road...

News Who's Who in Property

Texton CEO hands in resignation

Chief Executive Officer of Texton Property Fund, Nosiphiwo Balfour has announced her resignation from the company, effective on the 31st of October 2018. She has been at the helm of the group since July 2017. “The Texton Board is grateful to Miss Balfour for her dedication and service to the...

News

Stor-Age Craighall development on track for completion in late 2019

Self storage property fund, Stor-Age is on track to complete their latest property in Craighall by the third quarter of 2019. The group concluded the transaction for development and the acquisition of the property in December last year. The property will have a total gross lettable area of 6 610...

News

Sirius Real Estate announces 11 000sqm of new lettings

Sirius Real Estate has announced the completion of three large new lettings. A leading German sports car manufacturer has signed a five-year lease for the entire 6 800 square meter office building at the Sirius Business Park Stuttgart-Weilimdorf, completing the asset management plan for the site...