Capital Property Fund’s strategy to increase its exposure to rand hedge sister companies New Europe Property Investments (Nepi) and Rockcastle Global Real Estate Company continues to pay off.
THE recent acquisition by Shanghai Zendai of 1,600ha of vacant land between OR Tambo International Airport and Sandton, and the subsequent unveiling of the global investor’s plans to build the “New Yorkâ€...
FOR business owners, buying a commercial property is an investment in their future, without necessarily being one in their core business, according to Mike Walters, divisional head of Renprop Commercial.
THERE is no doubt that Delta Property Fund CEO Sandile Nomvete, who came to the listed property sector less than two years ago, is a savvy, shrewd and entrepreneurial player in the real estate industry, locally and on the continent.
EVEN though equities outperformed the listed property sector as an asset class last year, Stanlib’s head of property funds, Keillen Ndlovu, gave compelling reasons to include listed property in investors’ portfolios, at the IPD SA confere...
LONDON - London's landmark "Gherkin" office tower, one of the landmarks on the British capital's skyline, went on sale for about £650 million ($1.1 billion, 820 million euros) on Tuesday after being placed into receivership.
THE Black River Park, an office park in Cape Town with tenants including Sunglass Hut, Gijima and Brandhouse, has completed an expansion of its solar photovoltaic (PV) power generation facilities and will be selling its surplus power to the City of Cap...
Tower Property Fund (TWR)‚ one of four real estate companies that made their debut on the JSE last year‚ on Thursday announced a maiden annual distribution of 74.6c per unit for the year to May‚ exc...
A CALL for the Competition Commission to address exclusivity clauses in shopping-mall leases that may be anticompetitive and restrain economic growth has been made by the South African Real Estate Investment Trust (Reit) Association.
CAPE Town has invested more than R800-million to expand one of its cash cows, the International Convention Centre, to compete for business against the likes of Australia’s Melbourne Exhibition Centre.
The Commissioners of the Thongathi (Tongaat) Mall Commission of Inquiry will lead a delegation of interested parties to the site of the structural collapse of the Mall to break-down beam seven to expose fixed steel reinforcing in order to assess confor...
Porsche SA has bought the Kyalami race track for R205m in an auction at
Summer Place in Johannesburg — the highest price paid for a property in
liquidation in South Africa.
The Commissioners of the Thongathi (Tongaat) Mall Commission of Inquiry will lead a delegation of interested parties to the site of the structural collapse of the Mall to break-down beam seven to expose fixed steel reinforcing in order to assess confor...
While the residential property market in South Africa absorbed and adjusted to the January (2014) interest rate hike relatively seamlessly, there were concerns that inflationary pressures and the stance expressed at the previous meeting of the Mo...
Construction company Group Five (GRF) said on Wednesday that it expects full-year headline earnings per share (HEPS) to be 40%-50% higher than the HEPS of 283c in the year-earlier period.
MEDICAL aid group Discovery’s new office, next to Sandton City, is being built at an estimated development cost of R2.6bn, which is believed to set a new record for office developments in SA.
WBHO has become the third JSE-listed construction firm to tap the US investor pool‚ launching a sponsored American depositary receipt (ADR) programme this week.
THERE’S a certain irony in the fact that the building at 21 Cradock Avenue is Rosebank’s most beautiful building. Cradock Heights has modulated shapes breaking down the sense of scale, softening its access to the street.
THERE’S a certain irony in the fact that the building at 21 Cradock Avenue is Rosebank’s most beautiful building. Cradock Heights has modulated shapes breaking down the sense of scale, softening its access to the street.
CAPE TOWN — Boutique hotel and timeshare group Gooderson is looking to pump up occupancies to capitalise on its discounted asset base, and is taking no prisoners in terms of properties not performing to expectations.
MURRAY & Roberts’s share price rose 4.36% to R24.90 yesterday after it announced its mining contracting subsidiary, Murray & Roberts Cementation, had won a R2.6bn award for the De Beers Venetia underground diamond mine project in Limpopo...
MURRAY & Roberts’s share price rose 4.36% to R24.90 yesterday after it announced its mining contracting subsidiary, Murray & Roberts Cementation, had won a R2.6bn award for the De Beers Venetia underground diamond mine project in Limpopo...
CONTROVERSIAL AbaThembu King Buyelekhaya Dalindyebo has lodged a claim for the land on which Mthatha is built despite it already being the subject of a claim by the Zimbane Development Trust.