LISTED property loan stock company Vukile Property Fund has reported solid interim results, recording an 8,3% increase in distributions for the six months to September, compared with last year.
Cape Town is rapidly becoming one of 'the' conference destinations internationally and those able to get their hands on conference hosting facilities are finding business very lucrative.
Tourism development and job creation in the Breede River Valley gained a significant impetus today with the sod-turning at the new R156-million Worcester Casino, scheduled for opening in September 2006.
The asset base of property funds registered with the Association of Collective Investments (ACI) had grown to more than R14-billion by end-September 2005
Fielding questions after his opening address at the launch of Spearhead Property Holdings' R35 million 10,000 m2 Wynberg Office Suites complex, Mike Flax, CEO of Spearhead, said that worldwide the residential property market i...
THOUGH developers are increasingly climbing on to the mixed-use bandwagon, incorporating residential, commercial, retail and entertainment components into one project, not all are successful in creating fully integrated live, wor...
SOARING building costs will probably prevent an oversupply of new office developments, and in turn create a positive office rental market in the short to medium term.
Durban - 1st African Property Solutions, a Durban black-owned property group that was established a year ago, expects to complete R600 million worth of property developments over the next two to three years.
Strong manufacturing growth - spurred by a softer rand and low interest rates - has led to all-time high industrial property occupancy rates and a high demand both to purchase and to let. So says Tyrone Govender, executive dir...
Billions of rands are being spent on converting former office blocks in central Cape Town to up-market apartments mainly sold on sectional title to buyers from Gauteng or overseas. Although it owns four office blocks that woul...
Vukile, the listed property fund, is still intent on gaining full control of listed MICC Property Income Fund after being thwarted in its efforts to do so earlier this year. Vukile and MICC yesterday advised unitholders in a j...
HAVING comprehensively outperformed their Capetonian countrymen in production of wealth, pollution and better drivers, is it possible that Johannesburgers can also steal a march on its provincial forebears in the wine department,...
As office vacancies reduce and rentals correct, Capetonians can expect to see major changes as the development phase of the commercial property market kicks in.
ApexHi Properties Limited has sold the Protea Assurance building in Cape Town to Oasis Crescent Property Fund for R44-million, to be settled by way of R20-million in cash and 3,078,895 MICC units.
Metboard Properties, South Africa's largest industrial property company listed on the JSE Securities Exchange with industrial property assets of R1.9 billion, has announced an increased distribution per linked unit for the six...
DEVELOPERS are still hard at work, particularly in the country’s richest province, Gauteng. This is despite the slowdown in demand and price growth in the South African property market.
Two prominent former employees of Marriott Corporate Property, Leon Quenet (former executive director) and Iain Burns (former national retail leasing executive) have decided to continue their property careers ...
Malls, small shops and informal traders must be free to sell their goods and services and consumers should be allowed to vote with their rands, says Leon Louw, executive director of the Free Market Foundation. Source Moneyweb:...
Due to the shortage of good industrial property investments in Cape Town, the CBS Property Group have sectionalised the Okavango and Herton Industrial Parks in Brackenfell at a cost of approximately R20m. ...
THE built environment at Cape Town’s well-known mixed-use precinct, Century City, is set to double in size within 18 months, with 14 major commercial and residential projects worth R4,3bn either under construction or about t...
CBS Property Portfolio, which owns property assets valued at R987 million, showed 12 percent growth on its listing price when it made its debut in the financial real estate sector of the JSE yesterday. Gary Fisher, an executive d...
STRONG capital growth in their underlying portfolios was the main driver of Growthpoint Properties and Sycom Property Fund’s outperformance of other listed property funds at the Financial Mail/Investment Property Databank (IPD)...