Jul 31, 2007: R284m In New Assets For Hospitality
Hospitality Property Fund announced recently that it has concluded agreements to acquire further hotel and resort properties valued at R284,0 million.
Hospitality is South Africa's first specialised listed property fund invested exclusively in ...
Jul 31, 2007: R7m For Historic Tulbagh Hotel
The Tulbagh Hotel in Tulbagh, a four-star country hotel in the heart of the historic and picturesque village of Tulbagh with its 32 National Monuments, is now for sale at R7m.
Says Sean Biden, MD of the Seeff Winelands Group: "This is a fa...
Jul 31, 2007: Jhi Grows Its Namibian Footprint
Property services group JHI's subsidiary in Namibia, Gensec Namibia, has been awarded the property management contract for Vukile Property Fund's extensively refurbished landmark A-grade office and retail complex, BPI House in Windhoek's CBD.
Shamwari and Bushman Sands co-owner Adrian Gardiner has been dragged into the R12-million defamation and loss of income lawsuit against Texan amateur hunter and Alicedale guesthouse owner Scott Anglin by Frontier Safaris owner and professional hunter B...
Reopening a specialist property division to serve what was thought at Johannesburg head office to be a dormant market in the Eastern Cape has paid big dividends, says its regional manager.
"More has happened on the Nelson Mandela Bay and E...
Jul 30, 2007: Cape Town 2010 stadium case postponed
A court action opposing the construction of the new Green Point Stadium for the 2010 soccer world cup was postponed to an unspecified date by the Cape High Court on Friday.
The action was brought by an environmental group -- the Cape Town Envir...
The development consists of three office developments, totall...
Jul 26, 2007: New R65m office for Century City
A new prime office block is being built on a high profile site in The Estuaries office park at Century City by the Rabie Property Group at a cost of R65m
The strikingly modern building, designed by Vivid Architects, will have a gross lettable a...
The Association of Property Unit Trusts (Aput) has welcomed the City of Johannesburg's plan to dramatically improve its turnaround time for building and rezoning applications.
However, the council needs to apply the same logic to the full ambi...
Jul 26, 2007: Redefine’s third quarter distribution up by 18.87%
Redefine Income Fund Limited, the fourth largest South African property company listed on the JSE Limited, today declared a distribution of 12.6 cents per linked unit for the three months to 31 May 2007, representing an increase of 18.87% over the 10.6 ce...
Jul 26, 2007: Commercial Boom In Jeffreys Bay Jeffreys Bay is in the throes of a commercial boom in which demand for offices, retail property and businesses has overtaken that of residential demand.
Whether or not the made-for-cell phone and television series "J-Bay&q...
Jul 26, 2007: Commercial Boom In Jeffreys Bay Jeffreys Bay is in the throes of a commercial boom in which demand for offices, retail property and businesses has overtaken that of residential demand.
Whether or not the made-for-cell phone and television series "J-Bay&q...
Jul 26, 2007: Shock-proof Your Property Portfolio
During the last five years it has paid handsomely to be an optimist on both the JSE and the property market. Those that have had the utmost faith in the positive forces of our economy have gained tremendously.
However, according to Guy de la ...
Jul 24, 2007: CTICC soon to expand
According to the Premier one of the conditions requested by the Department of Public Works is that suitable alternative office space is found to house the occupants of Customs House, whose work is closely related to the harbour. He said that action ...
Jul 24, 2007: Decayed areas ‘still have amenities’
IT IS easier to bring the commercial component to a residential area than the other way around, so regeneration of Yeoville will prove easier than efforts in inner-city areas that had no original residential infrastructure, says property economist Francoi...
YEOVILLE’s Rockey Street — the once-famous entertainment mecca for Johannesburg’s bohemian crowd which morphed into a notorious drug and crime spot — is set for a facelift aimed...
According to the Johannesburg News Agency, under the new dispensation, the department will approve 60 percent of building applications within 24 hours and up to 70 percent of applications within 28 days. In addition, the City intends to approve ...
Jul 24, 2007: Shock-Proof your property portfolio
During the last five years it has paid handsomely to be an optimist on both the JSE and the property market. Those that have had the utmost faith in the positive forces of our economy have gained tremendously
However, according to Guy de la Por...
Jul 24, 2007: Residential Land Scarcity Worsening
Absa's Residential Property Perspective for the third quarter of 2007 released today highlighted the scarcity of residential land currently facing the country that has intensified since 2006 on the back of a range of demographic, economic, socio-economic ...
Jul 23, 2007: Pe Hits Illegal Demolishers Hard
Land-hungry developers and home owners in the Eastern Cape who demolish or alter listed properties without first obtaining permission from the Provincial Heritage Resource Authority (PHRA) could face criminal charges - instituted against them by local res...
Jul 23, 2007: Rustenburg's Platinum City A Go
Rustenburg Local Municipality and the National Treasury have given the go-ahead for a multi-million rand Platinum City Theme Park in Rustenburg, it was announced on Sunday.
"Modeled on the world's leading theme parks, with mining and techn...
The Nelson Mandela Bay Development Agency (MBDA) has called for expressions of interest from national and international property developers for the construction of a R500-million international convention centre.
A developer with a R60-million plan to build a hi-tech retail and office complex in East London's city centre claims that the Buffalo City Municipality sent him from pillar to post for almost two years before rejecting his bid.
Although interest rates are in the upward cycle and may still increase, many property analysts a...
Jul 19, 2007: Cross border property transactions on the rise
Cross border property transactions have been identified as the next wave of opportunity for property companies, and internationally, organisations have been gearing themselves up to create shareholder value and diversification away from their traditional ...
Property services group, JHI’s subsidiary in Namibia, Gensec Namibia, has been awarded the property management contract for Vukile Property Fund’s extensively refurbished landmark A-grade office and retail complex, BPI House in Windh...
Late last month Cavaleros Construction (through subsidiary Cavcon) undertook in court to agree to a settlement or compromise with creditors, bringing it control of Samsudin's holding company in South Africa, SMG Holdings.
