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Tuesday, 13 December 2016 11:26

Tighter leasing plan to save state 20%

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.

New Europe Property Investment is a story is now synonymous with robust growth.

The Public Investment Corporation (PIC) and Isibonelo Property Services (Isibonelo) have entered into a co-ownership and funding agreement for the Tshwane Regional Mall (TRM). 

Pareto announced the established a new property management company - Mowana Properties - to manage both its own directly held property assets as well as that of the Public Investment Corporation (PIC), together valued at around R30 billion.

Delta International Property Holdings announced its maiden annual results for the year ended 30 June 2015.

Delta International, the first multi-listed property fund to directly invest north of South Africa in select fast-growing African property markets, on Friday successfully transferred its South African listing from the Alternative Exchange to the Main Board of the JSE.

Monday, 13 July 2015 19:46

PPC looks ripe for a takeover

The 30% drop in the share price of cement maker PPC since January bodes well for the ambitious industrialists at the Pembani Group.

National Treasury has announced that government has sold its stake in Vodacom to the Public Investment Corporation (PIC) to raise funds for a R23 billion allocation to Eskom.

Central Square set to be a vibrant new R1.8 billion public piazza, shopping and leisure hub at Menlyn Maine.

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