The Airports Company South Africa (ACSA) has officially kick-started the construction of its largest facility to date, the R2bn new Central Terminal Building (CTB) project at Johannesburg International Airport (JIA).
THE proposed takeover bid of Spearhead by listed property loan stock company Redefine Income Fund is also set to benefit Redefine’s asset managers, Madison Property Fund Managers.
Construction on Cape Town’s first 100% empowerment development, the R390 million residential, commercial and retail lifestyle centre, Icon, is moving apace, with 750 workers currently on site. Photos just taken by Project Mana...
THERE will be several international speakers at the real estate investment trust (Reit) conference to be hosted by the Property Loan Stock Association at the Sandton Convention Ce...
OPPORTUNITIES for residential redevelopment and letting of office space are increasing in Johannesburg city centre as more B- and C-grade office space comes to the market....
The fact that the listed property sector showed satisfying returns during 2005 and with Redefine having spawned a remarkable return of over 90%, owning the property one works on appears to be an attractive prospect.
ApexHi Properties Limited has concluded leasing deals valued at R1-billion, covering a total of 460,000m² of space, in the twelve months to end June 2006.
Retail investors invested two billion rand more in unit trusts during the second quarter, which indicates that the average investor's obsession with retail property as an investment is starting to wane in line with slowing to ...
The Competition Tribunal has unconditionally approved the merger between Sun International (SUI) and Real Africa Holdings (RAH), the Tribunal said in a statement.
Cape Town - The consolidation of the listed property sector continues with Gauteng property group Redefine making a R1.12bn offer for Cape-based property group Spearhead.
The Airports Company of South Africa(Acsa) has reviewed the infrastructure and service requirements that the 2010 Soccer World Cup will place on smaller airports and was satisfied that these airports would be prepared but ther...
LISTED property company Orion Real Estate, formerly Alpina Investments, plans to increase its property portfolio from about R400m to about R1bn within the next 18 months.
As of the first of July, Woodstock formally became one of the City of Cape Town’s improvement districts (CIDs) and already several high-profile companies have set up premises in the suburb – likely to boost both the commercial...
Investors are expected to turn increasingly from residential to commercial property as house prices continue to soften and the long-awaited recovery in the office and industrial letting markets gathers pace.
Direct Channel Cape, a call centre operation started in 2005 by three former Telkom managers, has grown from 10 to 120 employees in just eight months – and is set to grow to 400 pe...
Gensec Property Services and the Arabian Services Group (ASG), have signed a partnership agreement, with Gensec holding a 45% share and three director seats. ASG holds the majority 50% with two director seats, while the remain...
The Mandela Bay Development Agency (MBDA) will hold a property investment conference next month, as part of an initiative to breathe new life into the city.
The programme address will be made by Mr Alec Erwin, minister ...
FROM being the long-standing star sector just three months ago, listed property has taken a massive knock since interest rates were raised a few weeks ago. But while listed property unit trusts have fallen sharply down the per...
THE South African Listed Property Index recorded a negative total return of -19% for the quarter ending June on the back of a price slump in listed property stocks.
A prime 2000sqm piece of vacant land in sought after Sandton Drive in Johannesburg has been sold by Pam Golding Commercial (PGC) for R5.25 million. The property was purchased for the development of a commercial building, says ...
WITH rising interest in sectional-title office and industrial schemes, investors and owner-occupiers must realise that these developments can hold the same pitfalls as their resid...
