General Electric (GE)‚ which is supplying a total of 376 locomotives to
Transnet‚ is looking for opportunities in other sectors in SA‚ such as
healthcare and energy.
Ketso Gordhan‚ who resigned as CEO of PPC (PPC) effective a week ago‚ is
gearing up for a battle for his reinstatement‚ lining up a series of meetings
this week with shareholders to build support.
PARLIAMENT’s new presiding officers want the legislature’s shelved multimillion-rand expansion programme to be implemented with immediate effect. They are now ready to “negotiate har...
RETAIL giant Pick n Pay is facing a R38-million lawsuit in Mauritius where it stands accused of dodgy business practices over a failed store in the north of the holiday island.
AN APARTMENT and retail block with 144 apartments at 135 Jeppe Street, Joburg, and a Sandhurst villa with four bedrooms en suite at 121 Empire Place will be on offer at the High Street auction on Tuesday. Lots on the roll include:
Investec Australia Property Fund (IAP) intends to raise A$120m in a rights
offer through the issue of 111.9-million new units‚ the group said on
Monday.
The subscription price for the rights offer units was R10.70 per rights offe...
SEOUL - In a battle between South Korea's richest industrial giants, Hyundai outbid Samsung to grab Thursday a $10 billion plot of land in Seoul's upscale Gangnam district, which media said was the country's biggest ever property deal.
Pivotal Property Fund‚ which specialises in prime office space‚ plans to list on the JSE before the end of the year‚ becoming the latest company to join the R300bn listed property sector.
IPD SA last week launched an annual green property index at the seventh annual Green Building Council SA (GBCSA) convention in Cape Town, which shows that energy-efficient buildings last year had greater occupancy levels, generated higher net incomes p...
WITH rising operating costs and the economic slowdown in SA likely to affect commercial property developments within the next few months, it is an opportune time for developers to explore the business case for green buildings further, says Nedbank Corp...
WHILE the residential property market is in an upward cycle, with a strong resurgence of investors entering the market, those looking at medium- to long-term investment options should bear in mind three key factors: risk, return and growth.
HAVING increased production at the Kempston Road assembly plant over the past two years from 13 trucks to 21 a day, Isuzu Truck SA said yesterday it wanted to help grow the economy by helping entrepreneurs do...
THE search for fresh, large sources of diamonds in ancient volcanic deposits known as kimberlites must be stepped up because there is a potential threat to the diamond market from synthetic diamonds if the supply of natural diamonds cannot keep up with...
DUBAI - Dubai's Emaar Properties began Sunday selling shares in its retail division, aiming to raise $1.58 billion in the emirate's biggest initial public offering since a financial crisis.
Emaar Malls Group is hoping to sell two billion...
MONEYWEB Holdings will move to cheaper offices as part of efforts to cut costs, the listed Caxton unit said on Friday while announcing a R2.6m loss for its year ended June.
Moneyweb operates from the mixed-use Melrose Arch precinct in...
FAIRVEST, which specialises in shopping centres near taxi ranks and in rural areas, has added four properties to its mix in the year to June, in a bid to substantially grow its property portfolio.
LAST week’s collapse of yet another proposed multibillionrand merger in the R300bn listed property sector raises renewed questions on whether consolidation is necessarily in shareholders’ best interests.
THE cost of renovating the Mall of Rosebank contributed to Hyprop Investment’s profit falling in the year to June, but the real estate investment trust (Reit) nevertheless raised its distribution 11.3% to R4.72.
OFFICE-focused landlord Ascension Properties said on Friday it had beaten its portfolio growth target in its year ended June, with its property portfolio growing 46% to R3.7bn.
Ascension reported distributable earnings of R202.7m for ...
Redefine International (RPL)‚ the UK real estate investment trust (Reit)‚ on Monday announced that it had disposed of 54.24-million Cromwell Property shares held through subsidiary Redefine Australian Investments for a total consideration o...
