Dec 17, 2008: Asrin's new development targets entrepreneurs
Asrin's new property development in Maitland has been well received with reservations to the value of R105m done to date. Asrin Property Developers' launch of the R130m development, Epic Business Park in Maitla...
Dec 17, 2008: Richards Bay seals R4.5bn BEE deal RIO Tinto and BHP Billiton have finalised their long-awaited R4.5-billion empowerment deal — the largest BEE transaction in KwaZulu-Natal. The deal will se...
Dec 17, 2008: No power-saving penalties for 2010 stadiums, Gautrain THE National Energy Regulator of SA (Nersa) said it had excluded national priority projects such as the construction of stadiums for the 2010 World Cup and Gautrain from penalties that are part of the pow...
Dec 15, 2008: Property makes itself felt on Top 40
FOR the first time a listed property fund has been included in the JSE all share Top 40 index. The inclusion of Growthpoint Properties in the Top 40 should enhance its profile and status locally and globally an...
Dec 15, 2008: Construction confidence slips Johannesburg - A survey on the fortunes of SA's construction sector would appear to support comments by Reserve Bank governor Tito Mboweni on Thursday that the economy was not sliding into recession. The ...
Dec 12, 2008: 2010 prompts transport overhaul Johannesburg - South Africa's transport network, still plodding on routes designed by the apartheid regime to keep people apart, is receiving an unprecedented makeover to bring the nation together for the...
Dec 12, 2008: Tito's tonic: too little, too late There was a collective sigh of relief from the nation as SA Reserve Bank governor Tito Mboweni chopped the repo rate by half-a-percent on Thursday, paving the way for lower interest rates from commercial ...
Dec 12, 2008: SA retail space still buoyant The total amount of shopping centre space under construction in the UK fell by 40% to only 734,863sq m from a high of 1,2m sq m in March last year. This was the ...
Property group Growthpoint (GRT) plans to raise R2bn via the issue of 147,1m new linked units at R13,60 each to seek acquisitions locally and globally, it said on Thursday. "The capital to be rais...
The Universal Church of the Kingdom of God' s new church is set to house 7 000 worshippers. In the bustle of the inner city of Johannesburg, the Universal Church of the Kingdom of God (UCKG) is b...
Cement sales in Southern Africa declined 20,2% year-on-year (y/y) in November to 1,158m tons, data from the Cement and Concrete Institute showed on Monday. The institute noted that November 2008 had tw...
Dec 10, 2008: Stefanutti wins Kusile contract CIVIL engineering and construction group Stefanutti Stocks said yesterday that a consortium of JSE-listed companies it was leading had won a civil works contract for Eskom’s Kusile power station in ...
Dec 10, 2008: Premier ‘satisfied’ with progress of Gautrain GAUTENG Premier Paul Mashatile said yesterday he was satisfied with the progress of the Gautrain after the first two cars arrived in the province from Durban, and test runs are scheduled to begin at the M...
"In an economically unstable environment the South African commercial property market in general has been performing well, with IPD figures reflecting that the industrial sector has for the third ...
Century City Property Owners’ Association (CCPOA) has amended its rules and regulations to ensure all new buildings comply to green principles to reduce Century City’s carbon footprint and ...
In spite of the fact that inflation appears to be declining from its peak heights of 2008, another cement price increase could be on the cards for 2009. A recent communiqué from PPC to the indus...
Murray & Roberts (M&R), a construction group, has been awarded a R6bn contract to build a concourse for Dubai International airport, its third, with the SA firm assuming the role of project lea...
The South African commercial property market performed well in 2008 despite the economically unstable environment, Marna van der Walt, CEO of property services company JHI, said on Thursday. Van der Wa...
Dec 05, 2008: Growthpoint plans to raise R2bn
Property group Growthpoint (GRT) plans to raise R2bn via the issue of 147.1 million new linked units at R13.60 each to seek acquisitions locally and globally, it said on Thursday.
"The capital t...
Dec 05, 2008: Optimistic outlook for listed property THE listed property sector will continue to see distribution growth next year, albeit at lower levels than in the past few years. Experts expect interest rate cu...
The Game Shopping Centre in Oshakati, a key asset in JSE and NSX listed Vukile Property Fund's Namibian property portfolio, has been extended by the addition of a brand new modern fashion mall, increas...
Dec 05, 2008: Cement prices set to soar Cement price increases are on the cards for 2009 despite that inflation appears to be declining from its peak heights of 2008, said South African Property Owners...
Despite the current economic downturn buyers are seeking to acquire well priced, well managed businesses mainly in the price range from R20-R60 million, and even up to R100 million, says Adam Cowell, b...
With traffic congestion and high fuel costs factors increasingly taken into account among employers and entrepreneurs, the Diep River area just south of Cape Town is proving popular due to its close pr...
