THE head of the Competition Commission, which has fined 15 construction companies a total of just less than R1.5-billion for collusion, says it is now up to the boards and shareholders to “put the squeeze†on t...
WALK into the shimmering offices of Murray & Roberts, Wilson Bayly Holmes-Ovcon (WBHO) or a dozen other construction firms, and one word you won’t see emblazoned on their mission statement is “accountabilityâ€.
Government is satisfied that it has broken the back of a longstanding cartel in the construction industry. It is the first time the competition commission has targeted an entire sector, and the settlement amount — R1,46bn — is the largest...
Construction group- Murray & Roberts is pleased to announce the successful conclusion of the disposal of its Construction Products Africa operating platform (excluding Hall Longmore)‚ comprising the group's manufacturing businesses.
Vukile Property Fund on Thursday reported that it had achieved its full year distribution growth by 5.4% to 131.59 cents per linked unit in the 2013 financial year, and had significantly "bulked up" its asset base by 26% to R7.7 billion.
London- and JSE-listed Capital & Counties Properties (Capco) said on Wednesday that its joint venture with London-listed Great Portland Estates had sold its last remaining asset.
IN THE first meeting of its kind since the dawn of democracy, the Department of Public Works and property owners gathered at the Park Hyatt in Johannesburg recently to discuss issues of mutual interest.
AFTER spending R1.77bn upgrading Sandton City Mall, Liberty Holdings and Pareto have approved a R450m investment for the refurbishment of the Sandton Twin office complex, part of the landmark Sandton City complex.
Capital & Counties Properties PLC (Capco‚ CCO) said on Wednesday that the Great Capital Partnership (GCP) - the 50/50 joint venture between Great Portland Estates plc and Capco - has exchanged contracts on the sale of its last remaining asse...
ABOUT R34bn has been wiped off the local listed property sector’s market capitalisation since the middle of last month, which, analysts say, will make many property deals less viable than before.
Park Village Auctions has been mandated with the auction of a fully stocked commercial game farm in Mpumalanga. Trading under the name Diepdraai Ondernemings, the farm occupies portion 31 of Hartbeesfontein 522 IR, which is situated 15km north of Greyl...
Homegrown and international hotel groups are expanding into the rest of Africa, as economic growth boosts business and leisure travel on the continent.
An undersupply of quality hotels catering to business travellers means hospitality ...
JOHANNESBURG - For office-less small business owners who need to meet clients to clinch a deal or gather a newly formed team, there are times when a restaurant won’t do. But having to pay sky high rental bills on a long-term lease could be a t...
Growthpoint Properties and the Rabie Property Group are to jointly develop a 18 700 square metre office project in Century City to meet the burgeoning demand for offices in the precinct.
To be known as Bridge Park, the development will compris...
JSE-listed Vunani Property Investment Fund (JSE:VPF), has received ‘substantial’ approval from linked unit holders to raise up to R760 million by way of a rights offer to grow its portfolio.
Aucor Property has announced that it will be taking a national portfolio of petrol station sites to auction on 12 June 2013 at 12h00 at the Park Hyatt Ho...
Built in 1892 and located at 40 High Street, the landmark Grocott’s Mail building in the heart of Grahamstown has been purchased by a local investor for an undisclosed sum in a transaction concluded by Pam Golding Properties. The purchaser, Supello ...
