A local consultant recently concluded the lease of prime AAA grade office accommodation in Granger Court, Granger Bay, at Cape Town's V&A Waterfront, on behalf of Close Brothers, the UK's largest independent merchant bank.
Plans are being drawn up for the biggest housing development in the province, including homes, schools, social and work facilities, as well as an agriculture hub
DOORNKOP Greenfields, one of the biggest mixed-use housing developments ever under...
Growthpoint Properties Limited has achieved a Moody’s Investor Services rating in excess of the South African Government sovereign ceiling for the notes issued during its most recent commercial mortgage backed securitization (CMBS) in November 2006
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A R763m mixed-use development is being planned for East London
The mixed-use development concept, well entrenched in Johannesburg and Cape Town, is starting to prove popular in other parts of the country with a R763m being development planned for...
An issue coming strongly to the fore at the moment is the question of whether it's correct for listed property companies to distribute their unsustainable capital or development profits to unit holders, who are often unaware of the status quo, in order to...
Construction group Wilson Bayly Holmes Ovcom (WBHO) on Monday reported 512.1 cents in headline earnings per share (HEPS) for the year ended June compared with 351.7 cents a year ago.
A final dividend of 85 cents per share (2006: 54 cents) has b...
An East London beachfront hotel is locked in a bitter dispute with a top Gauteng swimming club which it claims left them more than R100000 out of pocket.
In papers before the East London High Court, the Esplanade Hotel, which trades as Six Bar ...
Habitaz Global Workspaces, provider of fully serviced office facilities and business services, has started selling its 1,800 square metres of prime space in Madison Property Group’s prestigious Convention Tower building in The Foreshore currently un...
JSE-listed IFA Hotels & Resorts (IFA SA) said on Monday it had acquired a 20% interest for R15m in a joint venture company set up for the purpose of acquiring the Legend Golf & Safari Resort development in Limpopo.
HOUSE price inflation slowed slightly to 18,4% year-on-year in April this year, from 18,7% recorded in March, according to the latest Lightstone Residential Property Indices.
Property group SA Corporate Real Estate Fund (SAC) reported a 26% rise to 17c in distribution per linked unit for the interim period ended June, it reported on Thursday.
Income rose to R277,4m from R153,8m while rental income increased to ...
Rezoning along roads fringing the industrial area in Durban's Berea has led to an influx of professionals who are turning stately old homes into upmarket offices.
"Granting business rights along these roads was an inspired move and is lead...
Growthpoint Properties Limited this week announced a distribution of 93,1 cents per linked unit (cplu) for its financial year ended 30 June 2007. The results show a 14.5% increase on the distribution of 81, 3 cplu achieved by the fund in its 2006 results
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The SA economy is expected to show growth of 4.5% to 5% p.a. over the next 18 months. This is likely to drive demand for office space; however supply will remain constrained while vacancies are coming down
When Nedbank wanted to offload the property assets it inherited from its BoE acquisition in the early 2000s, there were few takers for what was then considered by many to be the ill-fated mega-mall Canal Walk at Century City in Cape Town
South African Real Estate is fast coming up on the screens of mainstream international investors as a market with serious allure. Greater world liquidity and higher prices are expected to lure offshore asset-chasers to SA on an unprecedented scale.
DURBAN — Increasing rentals, driven by the shortage of serviced land in the KwaZulu-Natal business hub emerging towards Umhlanga, are forcing corporations and developers to consider shifting their ...
THE number of people skilled in the property industry needs to double within the decade to keep pace with expected economic growth of 5%-6%, says Colin Young, head of institutional property investments...
Emira Property Fund has declared a total distribution for the year ended 30th June 2007 of 82,35 cents per Emira participatory interest – a 10,54% increase on the previous year
The fund enjoyed an active year in financial 2007, during whi...
COMMERCIAL property doyen David Kuper died early yesterday morning in Johannesburg's Milpark Hospital where he was being treated after being injured in a car accident on August 9.
Kuper, 73, was chairman of Investec Property Group and Investec ...