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Emira Property Fund has increased its spread of funding significantly over the past two years and now has funding facilities with six different banks, supporting a better risk profile, improving its refinancing risk and minimising its cost of capital.
It will be lights out for Sandton Central, Joburg's premier business, shopping and tourism centre this weekend when many of its buildings will power-down for an hour on Saturday (25 March) to help address climate change.
Since the adoption of real estate investment trust dispensation in SA, the listed property sector and associated industries have benefited from unprecedented growth.
Today, First National Bank (FNB), the Kavod Trust and Councillor Moeng, Member of the Mayoral Committee, officially opened FNB’s new regional offices in the Central Business District (CBD) of Bloemfontein.
Atterbury Property Holdings has launched a new unlisted growth fund that will be the investment vehicle for the development company’s assets in SA, Namibia and Mauritius.
Group Five is awarded a R4bn engineering, procurement and construction contract by Ghanaian energy group Cenpower Generation.
Listed property loan stock company Freestone Property Holdings is introducing a commercial mortgage-backed securitisation programme to slash debt funding costs and take advantage of the more competitive interest margins in the capital markets.
CAPE TOWN A R300m business development in Khayelitsha, one of the single largest township developments in SA , has been approved by Cape Town as part of a major urban renewal project in the area.