Redefine Properties today reported 7% growth in its interim distribution of 33,7 cents per linked unit for the six months ended 28 February 2013, achieving the top end of its market guidance.
Marc Wainer, CEO of Redefine, attributes this solid perf...
A number of listed property companies are disposing of non-core assets while targeting larger properties with a higher value in search of efficiencies.
Market commentators warn however that there is a very real risk of overpaying and investors ...
It’s not every day businesses seeking to acquire their own office accommodation in attractive, tranquil surrounds have the opportunity to invest in an exclusive and existing, very low density business park which overlooks extensive manicured gardens...
Douw Steyn, one of South Africa’s most flamboyant tycoons, is set to launch his own “private city” next year, the biggest development to hit Johannesburg in years.
Douw Steyn Auto and General InsurancePlans for the development...
With reduced office rentals resulting from the recent economic downturn, corporates seeking appealing office space offering good value in the Johannesburg area are currently able to choose from a number of appealing options across a variety of desirable l...
High end home buyers and international property investors are turning to the Garden Route, with Knysna and Plettenberg Bay already reaping the benefits of increased exposure to the tourist market in recent years, says Ling Dobson, area principal in Knysna...
The rationale behind the proposed development of R140 billion mini city Wescape has failed to convince civil society groups and seasoned academics, with some saying not much consideration has been given to the safety and security of residents who ma...
Sharemax's directors told their auditors they made a "copy and paste" error in the prospectus of the Zambezi property syndication that misled investors about the security of their investments.
This is revealed in the latest determination by ...
Office vacancies in the various nodes included in the Q1 2013 SAPOA Office Vacancy Survey show little change to the previous quarter’s figures. Total vacancy in the CBD is in line with the previous quarter’s figures at 12.8%, along with Clarem...
With no clear incentives and poor location choices, the ten Special Economic Zones (SEZs) identified by the Department of Trade and Industry last week could become nothing more than industrial parks.
Following in the footsteps of the Industrial Devel...
Delta Property Fund is well on its way to achieve its targeted fund size of R7bn by 2017.
The substantially black-owned property fund has since its February 28 year-end increased its property portfolio that comprised of 20 assets totaling R2.12bn, to...
In today’s busy, modern world, time is an increasingly precious commodity – particularly quality recreation time. In line with this trend, and further fuelled by ongoing technological advances which speed communications, there is a growi...
A brand new retail development, ‘Savannah Mall’, is being developed on a prominent vacant site on the corner of Solomon Mahlangu Drive and Bronkhorstpruit Road (R104) in a burgeoning area just east of Pr...
