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Corobrik looks to affordable housing for growth in 2013

Although the construction industry has largely remained static for the past two years, growth in office, retail and other non-residential construction has been negative, the residential housing market is expected to increase by just 2% during 2012. Corobrik remains resilient and is looking to the launch of new products and growth in the affordable housing […]

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More homes built in November 2012

The value of recorded building plans passed (at current prices) increased by 9.7 percent (R5 964 3 million) during January to November 2012, according to Statistics South Africa (Stats SA). Stats SA says the biggest increase was reported for residential buildings (12.7 percent or R3 447 6 million), followed by additions and alterations (7.7 percent […]

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FNB/BER construction confidence index falls

After hitting a 4 year high of 42 index points in 3Q 2012‚ the FNB/BER construction confidence index fell to 36 in 4Q 2012. Construction activity slowed amid low levels of profitability and increased competition. Employment eased slightly‚ said BER/FNB. Overall‚ the survey results suggest that the recovery in the construction sector – especially in […]

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New Makro store in Alberton Gauteng

New Makro store in Alberton Gauteng

A ground breaking multimillion rand venture known as the Newmarket Park Development is set to change the Alberton CBD with the belief that it will bring even more development to this growing area. Designed to benefit the surrounding community the project has commenced with the development of a new Makro store, which is being funded […]

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