The Reserve Bank's Monetary Policy Committee (MPC) has left the repo rate unchanged at 5.5% per annum.

Vukile Property Fund has further demonstrated its commitment to maintaining and enhancing the value of its portfolio by investing R2.9 million in the refurbishment of its East London flagship property, Sanlam Business Park, a fully tenanted, upmarket, four-level building situated in Vincent, East London.

The South African economy is estimated to have grown by less than 2% in 2013, with third quarter growth recorded at a seasonally adjusted annual rate of only 0,7%.

The number of new housing units for which building plans were approved increased by only 0,5% year-on-yea

Dipula Income Fund’s newly developed 15,400sqm Tower Mall in the growing Jouberton and surrounds western in Klerksdorp, City of Matlosana, will open on 25 October 2013, virtually fully let. 

May 2013 saw year-on-year (y/y) growth in outstanding credit balances in the South African private sector (households and the corporate sector) remaining unchanged at 9,1% from end-April.

House price growth slowed down in May 2013, based on nominal year-on-year growth in the average value of homes in the middle segment of the South African residential property market.

ABSA will on Wednesday hear whether its acquisition of a "landmark" development in Cape Town, that includes the upmarket 15 on Orange Hotel, will be approved by competition authorities.

While the liquidation will lead to the winding up of the company, a long list of other court processes and investigations are trying to get to the bottom of the mess

The bad news for shareholders of Hospitality Property Fund, last week it announced plans for a rights issue to help refinance a R1,35bn debt facility with Absa that expires this month.