Redefine International says although other South African property counters are on the acquisition trail in the UK and Germany, it is well entrenched in those markets and able to ward off competitors.
THE Mandela Bay Development Agency (MBDA) has been given the nod to investigate the possibility of building a new council chamber in the old Port Elizabeth Post Office building.
The idea of the new chambers, mooted by the MBDA, could ...
INVESTORS in South African property syndicates should get some peace of mind if unlisted property funds attain real estate investment trust (Reit) status later this year, Growthpoint Properties MD Estienne de Klerk said yesterday.
CONSOLIDATED Infrastructure Group (CIG) reported yesterday it had produced better earnings across all its subsidiaries for the six months ended February.
This was driven mainly by a 90% increase in profit contribution from its Angolan...
REBOSIS Property Fund grew its distributions 8.2% and net property income 10.1% in the six months to February, focusing on improving buildings rather than new acquisitions.
Rebosis CEO Sisa Ngebulana said at its results presentation i...
Delta International Property Holdings (DLI) has acquired the Vodacom building and the Zimpeto Square shopping centre in Maputo‚ Mozambique‚ through a private share placement‚ the group announced on Wednesday.
New Frontier Properties’ (NFP) basic loss per share amounted to 17 US cents and the basic headline earnings per share was 1 US cent in the six months ended December 31 2014‚ the company said in a statement on Tuesday.
CONSTRUCTION at one of Nelson Mandela Bay’s biggest infrastructure projects – the Fish Water Flats upgrade – is under way and set to cost ratepayers about R1.5-billion.
TSOGO Sun and Sun International will be spending much of this month trying to persuade the Competition Tribunal to ignore the Competition Commission’s recommendation that their planned Cape market-share agreement be prohibited.
When Redefine Properties unexpectedly announced in August last year that founder Marc Wainer (66) would step down as CE, shareholders no doubt had a few sleepless nights. Redefine is the JSE’s second-largest real estate counter, with a market ca...
GENEVA - The boards of France's Lafarge and Switzerland's Holcim have approved Eric Olsen for the role of chief executive officer once the firms merge, creating the world's biggest cement company, they announced on Thursday.
THE clocks arrayed along the wall are all stopped. New York, London, Sydney, Tokyo are offline as Durban’s Royal Hotel pauses to take stock as a new future dawns.
DELTA International, the first Africa- dedicated property fund listed on the JSE’s AltX bourse, has been given permission to list up to 29-million additional ordinary shares on the Stock Exchange of Mauritius (SEM) as it looks to continue its gr...
Pan-African property group Delta International Property said on Tuesday it was pleased to announce that the Stock Exchange of Mauritius had approved the placing, issue and listing of up to 29 million additional ordinary shares of Delta on the exchange....
HOPES of getting Bonatla Property shares trading after a five-year suspension since 2010 suffered a setback last week when the JSE publicly censured the group’s founder, Niki Vontas, for his actions in 2009 to get its previous suspension in 2004...
THE company behind the Eastern Cape’s largest regional shopping centre promises a mix of big fashion, food and fun when it opens its doors on May 21.
