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Delta Property Fund, a specialist black-managed and substantially black-owned REIT with a significant sovereign underpin, today reported sound results for the financial year ended 28 February 2017, declaring a dividend of 97.24 cents per share, up 7,1% on the prior financial year and in line with the Group’s growth forecast.
Key players in the engineering industry are taking legal action against the Department of Public Works (DPW) and the Engineering Council of South Africa (ECSA), alleging that the appointment of the new ECSA council is unlawful.
The South African Institute of Black Property Practitioners supports the call at the recent State of the Nation Address (SONA) for land reform, and expediting the transformation of the property sector.
A draft Property Practitioners Bill will be published by the Department of Human Settlements for public comment with a purpose of establishing a more inclusive, representative sector, towards radical economic transformation.
Department of Public Works starts renegotiating its leases with PIC as part of the government's drive to effect R25bn in savings over the medium term.
Government-owned flats and houses are being leased to the public for the first time.
When purchasing a property from a company or close corporation (CC) it is essential to ascertain whether the selling entity is currently registered with the Companies and Intellectual Properties commission or CIPC, previously known as CIPRO.
The South African property sector is worth a whopping R5.8 trillion according to results from the latest study undertaken to determine the size of the country’s property sector.
Premier Phumulo Masualle’s executive council gives the go-ahead for the roll-out of phase two of the new multimillion-rand Bhisho offices.
The era of government crafting wonderful and enlightened policies that are the envy of the worldbut failing to implement and enforce them is over.