he Budget presented by the Minister of Finance Trevor Manuel to parliament on 21 February has some very positive implications for the listed property market.
Firstly, from a tax perspective, Property Unit Trust (PUT) income has always be...
Municipalities that underspent grants to them for infrastructure risked having them reallocated to better-performing municipalities, the National Council of Provinces' select committee on finance heard on Monday.
Pretoria Portland Cement (PPC) has announced a R604 million upgrade and expansion of its Hercules plant in Pretoria in a bid to address the cement shortage in the country.
John Gomersall, CEO of PPC, said the project, expected to be operationa...
Total Commercial planning activity across SA continued its upward trend in 2006, growing by nearly 12% (to over 4.3 million m²), though down on both 2005 (47%) and 2004 (21%) and at a similar growth level to that experienced in 2003. Since 2003, the o...
Johannesburg February 28th, 2007 - Municipalities across the country will soon be able to access equitable, market-based valuations using automated valuation model (AVM) technology recently brought to market by a Johannesburg-based risk m...
LISTED property loan stock company Vukile Property Fund has been given the green light to acquire the remaining units in MICC Property Income Fund that it does not already own.
A new concept in office automation - brand choice - has come to Cape Town with the opening of the region's first branch of independent office automation equipment supplier, Motion Business Solutions, in Milnerton.
ApexHi Properties Limited and Isivuno Apex Properties have further strengthened their partnership by agreeing that Isivuno Apex Properties will handle all government leasing activity in the ApexHi property portfolio on a national basis.
It is not all doom and gloom for Port Elizabeth‘s Central, as evidenced by the recent steady increase in property upgrading and investment, says Mandela Bay Development Agency chief executive Pierre Voges.
Listed property unit trust SA Corporate Real Estate, formerly Martprop Property Fund, said yesterday its distributions for the five-months to December had increased 18% to 12c over the previous comparative period.
More than a million square metres of new shopping space is currently planned or under construction in the country and half of it is in Gauteng. The conditions driving this boom in shopping centres and making others extremely lucrative are set to contin...
LISTED property loan stock company Pangbourne Properties, which is predominantly an industrial-focused property company, reported on Friday that its distributions had increased 10,6% to 52c for the s...
JULIE Hillary, MD of property management company Finlay and the first woman president of the South African Council of Shopping Centres, says she plans to reinforce the groundwork laid by the council ...
THE listed property sector appears to be on track to meet the targets of its empowerment charter, which is aimed at placing 25% of the property sector in black hands in five years.
By the end of March final snagging and other work will be complete at Portside, the new R50 million mixed use office and retail complex in Somerset Road, Green Point. The developer is the Sandak Lewin Trust.
APART from possible further changes to the exemption threshold on property transfer duty, the market is not expecting any major surprises from Finance Minister Trevor Manuel when he delivers his budg...
MORE South African listed property companies and funds are expected to branch out overseas in the future, following similar moves in that direction by a number of local property companies, say proper...
ALTX-listed Acc-Ross Holdings announced yesterday that a prospective buyer for one of its properties had not yet provided proof of funding by the banks.
LISTED property loan stock company Calulo Property Fund has delivered below-par growth in distributions for the six months to December, attributing the decreased distributions to the realignment of i...
HOTEL-focused property loan stock company Hospitality Property Fund yesterday reported a 15,9% increase on its prospectus forecast for distribution growth on Hospitality B linked units. ...
Auction Alliance will hold two multiproperty auctions in Pretoria next month when properties in Waterkloof Park, Dullstroom, Hammanskraal, Rustenburg and White River will be on offer.
The auction takes place at the Sheraton Hotel, Pretoria, on ...
Nearly a year before the last lick of paint is applied, a R300-million "lifestyle" retail and residential complex in the booming southwestern suburbs of Port Elizabeth is already 40% sold out.
The King's Terrace and King's Village development,...
Retail Africa, prominent developer and operator of retail malls in South Africa, recently invited both Attacq Property Fund, owned by Atterbury, and Folkes Holdings Limited, a UK property company, to each purchase a 20% stake in RAPFund, one of its pri...
East London based Novate Property Investments aims to develop its recently acquired Fort Jackson property into one of the larger logistics hubs in Buffalo City.
Novate strategic development manager Grant Wheatley says there is an increased need...
Professional engineer Ric Snowden is leading the team from Arup SA which was appointed as the independent certifier (IC) for the R25 billion Gautrain rapid rail link project. Arup's job is to check that the Gautrain is designed and built properly. ...
JSE-listed construction and engineering firm Group Five was keen on snapping up “two or three” more quarrying and aggregate businesses, in the near future, which was shortly after it announced that it would acquire quarrying and readimix firm Quarr...
The Joburg Property Company (JPC), which manages the City of Johannesburg's (CoJ's) property portfolio, and Johannesburg Social Housing Company (Joshco), have entered into a contract with private sector developers for the development of South Af...
