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Jul 26, 2012: ‘Success’ for investors in small Sharemax syndication

For most Sharemax investors, the prospects of being repaid are far from certain. But on Tuesday some good news was delivered to investors in the small Centurion Hazel syndication. This property was sold by Sharemax to investors for R6.1m in 2003.

Jul 26, 2012: JHI Properties more than doubles value of portfolio of assets managed

Over the past five years (2007 to 2012), JHI Properties has dramatically increased its portfolio of assets managed on behalf of property funds and investors. This now stands at a total value of approximately R50 billion – more than double the R22 bi...

Jul 26, 2012: Cape Town Stadium closer to rezoning

Cape Town - The City of Cape Town has approved the proposal to rezone the stadium in Green Point for commercial activity, it was reported on Thursday.

Tourism and events executive director Anton Groenewald would now ask the provincial governmen...

Jul 18, 2012: Huge Transformation In Real Estate Market

Transformation in the real estate market has come a long way, with almost half of all home loan applications now being made by black buyers, compared with only about 12% a decade ago.

This is evident in the latest statistics from BetterBond, th...

Jul 18, 2012: Commercial Property For Small Investors

As confidence wavers in the ability of financial institutions to provide an adequate haven for the investment capital of average South Africans, so the need to find strong viable alternatives for one’s savings becomes more urgent. And it might not b...

Jul 18, 2012: Century City Sectional Title Offices Sold Out

All 18 office suites in a sectional title office block at Century City have been sold ahead of the building being completed.

The 2200 square metre building is part of the 18 000 square metre Central Park low rise office park which ...

Jul 16, 2012: Zunaid Moti vows to clear name

Johannesburg businessmen Zunaid Moti vowed on Thursday to clear his name after the police issued a warrant for his arrest on several charges, including attempted murder.

"The warrant pertains to non...

Jul 16, 2012: SA’s only ski resort fetches R5.5m under the hammer

JOHANNESBURG – It was down to a two-man race as Johannesburg ski club owner, Lew Campbell, and a Port Shepstone businessman vied for South Africa’s first and only ski and mountain resort as it...

Jul 16, 2012: Crisis deepens at the beleaguered EAAB

JOHANNESBURG – The crisis at the beleaguered Estate Agency Affairs Board (EAAB) continues unabated after the removal of the acting CEO, Bryan Chaplog, and the company secretary, Nkululeko Ndebele.

Jul 10, 2012: Large property offering for July auction event

Johannesburg, 9 July 2012: Following a successful Johannesburg launch auction event which saw an excellent turnout of buyers supported by an 80% confirmation rate on the day, Aucor Property has announced &nb...

Jul 10, 2012: Landlord wants R30m rent from govt

A property developer is trying to get the North West health department to pay R30 million in rental arrears for a building it leased, but had not occupied, the Sunday Independent reports.

Peolwane ...

Jul 10, 2012: Arrowhead to increase market cap by 150%

JSE-listed property company Arrowhead (AWA‚ AWB) is set to increase its market capitalisation “by more than 150%” on the back of a strong acquisition drive‚ the company said on Mond...

Jul 10, 2012: Landmark Rosebank property changes hands

JOHANNESBURG - Investec Property Fund has acquired the landmark, The Firs, mixed use retail centre in the heart of Rosebank north of Johannesburg for R272m.

The fund purchased the property in a relate...

Jul 04, 2012: Millions ploughed into reclaiming Joburg’s inner city

JOHANNESBURG - Millions of rands is being invested into the regeneration of Johannesburg’s inner city district, especially in Hillbrow and Berea where urban decay and criminal elements have turned p...

Jul 04, 2012: Growthpoint acquires and ‘greens’ R210m Pta office

Growthpoint Properties has acquired a R210m office building, Menlyn Corner, in Pretoria. The 10 000sqm AAA-grade building is on the corner of Atterbury Road and Lois Avenue in Menlyn. Offices in the five-...

Jul 04, 2012: Property charter levels the playing field says Growthpoint

JOHANNESBURG – Growthpoint executive director, Estienne de Klerk, says the recently-gazetted property charter does level the playing field but it remains to be seen if the Department of Public Works (D...

Jul 04, 2012: NGOs to be evicted in Joburg

The City of Johannesburg on Wednesday plans to evict a group of non-government organisations illegally occupying two of its buildings.

"The eviction will go ahead... according to our lawyers," the c...

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