Hard work pays off for Group Five AFTER completing two high profile contracts to meet pre-Christmas deadlines, Group Five Building has started the new year with the strongest order book…
Posted On
Monday, 17 March 2003 02:00
Published by eProperty News
Specialist banker Corpcapital has slated a "search and seizure" court order obtained against it by a former director, Nic Frangos, as an "abuse of process".
Pretoria - Pangbourne Properties, the listed property investment company, has acquired a 34 percent stake in listed property loan stock company iFour Properties, in deals valued at R111.4 million.
Pangbourne Properties' move to increase its holdings of iFour linked units to 34% has sparked speculation that the group is looking to take out iFour's assets.
Opposition to the extension of The Mall of Rosebank into Cradock Avenue is receiving support from a group of tenants in the northern Johannesburg shopping centre.
Property economist Erwin Rode is criticising listed property fund managers for devoting too much energy to pursuing limited shopping centre developments while there are ample opportunities in the office and…
Property company Pangbourne Properties (PAP) has announced that it has agreed to collectively acquire from Growthpoint Properties and the Mine Employees Pension Fund (MEPF) 17.854 million iFour (IFR) linked units…
A NEW development at the Sparrebosch Golf Estate and Country Club at Knysna will make it possible for buyers to get a foothold in the estate without paying the usual…
Posted On
Monday, 10 March 2003 02:00
Published by eProperty News
Cape Town - Property loan stock company Arnold Property Fund had posted half-year results that showed a 24 percent slide in distribution per linked unit to 11c, mainly because of…
INVESTEC Property Group has moved to address concerns that it lacks the capacity to handle its large portfolio of units in listed property funds by acquiring Provest Management.
Posted On
Thursday, 06 March 2003 10:01
Published by eProperty News
PROPERTY investment group Hyprop has scooped The Mall of Rosebank and JHI House, beating two other contenders to the two jewels in the portfolio of property unit trust Cenprop.
In excess of 90 percent of unitholders in Centrecity Property Fund (Cenprop) yesterday overwhelmingly endorsed the management company’s strategy to unlock value for unitholders and wind-up Cenprop...
Posted On
Friday, 07 March 2003 10:01
Published by eProperty News
PROPERTY loan stock company ApexHi Properties is already counting the gains that will flow from the tax relief directed at property investors in older central business districts (CBDs).
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