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Indluplace Properties Limited, the first residential focused REIT listed on the JSE, today announced that it has concluded an agreement with the Buffet Group to acquire 2 914 residential units with 3 400m² of associated retail space for a purchase price of approximately R1,4 billion.
Indluplace Properties Limited, the first residential focused REIT listed on the main board of the JSE, today announced their Interim Results for the six months ended 31 March 2017.
The South African Competition Commission has referred a supplier of the main ingredient in bricks used in the construction of affordable housing to the Competition Tribunal for charging excessive prices.
Competition Tribunal is today due to confirm an immunity agreement JSE-listed construction group Aveng struck with the Competition Commission.
Construction groups say they will collectively pay R1.25bn to accelerate transformation in the country's construction sector in settlement of collusion claims in the industry.
The takeover of hotel-focused property fund Hospitality by Southern Sun Hotels has been approved by SA’s competition authorities‚ with conditions.
Gaming and leisure group Tsogo Sun is set to gain the income benefits of having a portion of its hotel assets in a real estate investment trust structure when it gains control of Hospitality Property Fund.
Sun International tells the Competition Tribunal it is abandoning its proposed R9.4bn acquisition of Peermont.
Tsogo Sun and Sun International resuscitate plans for a reshuffling of casino ownership in the Western Cape.