Deutsche Konsum REIT-AG has published its results for the 2023/2024 financial year (October 2023 to September 2024), having significantly reduced its debt by €88.6 million through the targeted disposal of 17 assets. The Company...
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Residential building sector underperforms during Q3 2024, commercial building sector shows improvement
While overall building activity remained relatively stable during Q3 2024, contractors in the commercial building sector fared better than their residential building counterparts. According to Stats SA, the real value of residential building investment contracted by 7.3% year-on-year during Q2 2024...
Displaced minibus-taxis to relocate to Foreshore holding area
The City of Cape Town has identified a site in the Foreshore as an alternative remote holding area for minibus-taxi operators who have been displaced from the Station Deck facility. The site is situated on the harbour side between DF Malan and Christiaan Barnard Streets and borders on FW de Klerk...