JSE-listed real estate investment trust develops logistics park in prime Gauteng node
Fortress Reit is developing Eastport Logistics Park at an estimated cost of R4.4bn on completion. The flagship asset is located in Gauteng’s prime logistics node northeast of the intersection of the R21 and R25.
Pick n Pay is relocating its distribution centre in Longmeadow to the park in May 2023, taking up 165,000m2 of gross lettable area, with an option to renew its 15-year lease agreement...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
13 managers who've been sacked in 2022With a number of managerial ins and outs occurring since the beginning of the year, here are 13 club and national team coaches who have been sacked in 2022. Have a look! ➡️
Read more »
Zuke reveals Lebese & Masango plansFormer Kaizer Chiefs development player Sandile Zuke has shared what has kept him playing going despite the challenges and reveals the conversations with George Lebese and Mandla Masango. SLSiya Read more:
Read more »
Half of Eskom's fleet is downIn an unprecedent development, Eskom has said it will implement load shedding on Easter Sunday, when demand from electricity users is low.
Read more »
The ins and outs of the petrol price and how big policy changes could affect how much you pay | YouIf there's one thing that can get South Africans even madder than we are about Eskom’s loadshedding, it’s the price of petrol. | YouMagazine
Read more »
Economy: false dawn or real recovery?SA is an echo chamber where bad news is amplified, and positive developments ignored. Are we becoming too cynical about the country’s slowly improving prospects? ClaireBisseker reports
Read more »