Port Elizabeth Property News

/Port Elizabeth Property News

Grand plan for Port Elizabeth’s ‘people’s port’ revealed

2017-08-02T12:45:06+00:00 Tags: , , |

Ambitious waterfront development to include homes, industry and leisure Transnet has unveiled grand plans to transform the Port of Port Elizabeth into a thriving “people’s port”, with retail stores, restaurants and a maritime museum. The port will still operate as a service-driven harbour but with added arts and recreational landmarks and attractions. The parastatal’s vision [...]

Juggernaut emerging…

2017-08-02T12:45:06+00:00 Tags: |

There seems to be no stopping the spectacular rise of Port Elizabeth-based commercial property brokerage, North Point Commercial. The company, which specialises in sales, leasing and the property management of commercial properties, celebrated its third birthday in August. In just three years, the company has reached impressive milestones, and are very close to reaching their [...]

Industrial property in PE proving popular

2017-08-02T12:45:07+00:00 Tags: , , |

Despite the economic slump elsewhere in South Africa, the Port Elizabeth commercial property market is showing a marked buoyancy, in particular with interest shown by investors from across the country in industrial properties in the city. Commercial property brokerage North Point Commercial has concluded a R140-million sale of an industrial warehousing complex in New Brighton, with [...]

Sanral to spend R5bn on coastal road expansion

2014-08-27T20:11:01+00:00

By SA Commercial Prop News 11/08/2014 SA National Road Agency Limited (Sanral) has confirmed the completion of conceptual designs for the multibillion-rand expansion of the R72 coastal road between East London and Port Elizabeth. The SA National Road Agency Limited (Sanral) has confirmed the completion of conceptual designs for the multibillion-rand expansion of the R72 [...]

Reserve Bank vows Recession is not likely

2014-08-26T18:36:22+00:00 Tags: , , , , |

South African economy is unlikely to fall into a recession, the Reserve Bank said in its Monetary Policy Review released on Tuesday that economic growth would be likely to improve in the second quarter, although it would be modest. However South African Reserve Bank governor Gill Marcus played down fears of a recession, despite concerns [...]

Tips for Buying Property

2014-08-26T18:42:40+00:00 Tags: , , |

Here are some tips to follow for buying property with little or no money when you are ready to start looking for your piece of ground. 1. Have some money. I know this sounds contradictory, but you really are not buying with little or no money. You are buying with little or no money all [...]

Road project speeds up Port Elizabeth bridge

2014-08-26T09:26:43+00:00

By SA Commercial Prop News - I-Net Bridge 09/07/2014 Engineers have begun placing the 70-ton pre-cast concrete beams that make up the new N2 bridge. The bridge is part of the R300-million Baywest road network in Port Elizabeth’s western suburbEngineers have begun placing the 70-ton pre-cast concrete beams that make up the new N2 bridge. [...]