Redefine International plc (RPL) said on Monday it had through its subsidiary entered into a contract to acquire the remaining 40% of BNRI Earls Court LLP shares for £6.3m.
BNRI‚ which is currently 60% held by Redefine Hotel Holdings...
As anticipated, the Monetary Policy Committee (MPC) kept the repo rate steady this month (March 27, 2014), which is good news for aspirant home buyers and those with existing home loans, says Dr Andrew Golding, CE of the Pam Golding Property group.
The Tembisa Mega Mart development in Gauteng has a new buyer in the form of JSE-listed Delta Property Fund‚ after a previous deal to acquire the township mall failed.
A Tongaat Hulett shareholder believes the group is taking the wrong tack as it battles the “strong headwinds” facing sugar producers‚ and that it should shift more effort to developing and retaining its valuable KwaZ...
The Investment Property Databank (IPD) South African annual property index‚ released on Tuesday‚ shows the South African investment property sector delivered a stable 15.3% total ungeared return last year.
A GLOBAL report by the Royal Institution of Chartered Surveyors (RICS) calls for innovative ways of measuring and proving facilities management’s effectiveness and its effect on productivity and profitability.
THE 2013 Global Tenant Survey by the Building Owners and Managers Association International (Boma) has identified health and hygiene amenities as a latent opportunity for property developers and owners.
If you wanted to cash in on the post-crises recovery in global real estate markets five years ago‚ without having to take money physically offshore‚ your JSE options would have been limited to UK mall owner Liberty Int...
Established Cape Law firm, Herold Gie Attorneys, who this year celebrate 120 years of legal expertise, recently held an informative property and tax...
Intu Properties (ITU)‚ the JSE-listed owner of some of the UK’s largest malls‚ said on Thursday it would buy two regional malls and a retail park in the UK for a total £867.8m (R15.7bn)‚ from Australian shop...
The property listing boom of 2011-2013 may well have made way for a period of consolidation but new listings have not dried up completely‚ with German property player Sirius Real Estate looking to make its debut on the J...
In another example of consolidation in the listed property sector JSE-listed property fund Arrowhead (AWA) is to become an 11% shareholder in Dipula Income Fund (DIA‚ DIB) as it looks to expose itself to the fund...
Construction group Basil Read says it expects headline earnings per share (HEPS) for the year to end December to be between 80c and 90c compared to the 130.84c loss for the previous year.
Earnings per share for the 12 months ended Decemb...
THE Western Cape government is considering selling off four of its prime properties, including parts of the Somerset Hospital precinct next to the V&A Waterfront.
Before tabling his last budget, outgoing Transport and Public Works...
Newly JSE-listed capital growth property company Attacq announced on Wednesday a diluted loss per share of 14.9c for the six months ended December 2013 compared with a loss of 20.6c previously.
Pretoria Portland Cement Company’s (PPC) proposed restructuring of its first broad-based black economic empowerment (BBBEE) transaction has been approved by PPC shareholders‚ the cement company said on Tuesday.
GoGlobal Properties (GGP) said on Monday its shareholders had overwhelmingly approved the deal which will see the property fund acquire APF1 Ltd for £17‚034‚603.
The transaction will be settled through the issue of 15‚486‚003 Go...
Orion Real Estate announced in a trading statement on Monday that they expected to see an increase in full-year headline earnings per linked unit to 0.57c from 0.03c previously.
“The improvement can be attributed to a group restructuri...
Property investment company Putprop announced on Monday that headline earnings per share for the six months ended December 2013 were 42.8c compared to 47.8c in the previous comparable period.
A PROPERTY developer with powerful South African backing claims that his new building, which is planned for Edinburgh in Scotland, will be a “vibrant scheme”.
On Wednesday March 26, Van’s Auctioneers will offer, on public auction, the Aloe Ridge Hotel and Game Reserve, which was formerly developed by Sol Kerzner. The property, measuring a total area of 805ha, is nestled within the parameters of the Cradle ...
