Emira Property Fund today announced a transaction that will see 5% of its shares in issue being owned by strategic black partners.

An entrepreneur Malose Kekana , clings a multibillion-rand deal which will see his consortium owning 24% of property company, Pareto.

Delta, the JSE’s sector specialist with unique exposure to commercial assets with a predominant government underpin announced that it has maintained its Level 2 Broad-Based Black Economic Empowerment (B-BBEE) Contributor status.

Property Point, a Growthpoint Properties initiative, has opened its next application window for entrepreneurs working in the property industry to join its business incubation programme.

Turner & Townsend appointed project managers for OR Tambo Gautrain Station expansion.

Property Point, a Growthpoint Initiative, explored the revised DTI B-BBEE codes in its latest information-packed To-The-Point session in Johannesburg, helping small businesses and entrepreneurs get to grips with how this new development on the SA business landscape impacts them.

The Department of Trade and Industry turnaround on Broad Based Empowerment.

Shareholders of Redefine Properties, one of the country’s largest listed property companies, have approved the establishment of an Empowerment Trust - a move that will materially bolster its BBBEE credentials.

Emira Property Fund today announced that one of its BEE investors, Kagiso Tiso Holdings Proprietary Limited (KTH) has realised the value of its investment in Emira through a significantly oversubscribed accelerated offering of all of KTH’s 29,316,187 participatory interests (PIs) in Emira, representing 5.74% of its PIs in issue. 

 

There is little commitment to real transformation from the executive leadership of South Africa’s listed property sector and it’s time for a change in mindset, or for new leaders that will make transformation a priority.

Page 1 of 15

Most Popular

SA property visionary John Rabie announces new global property joint venture

Mar 15, 2021
LX_LIVING_Lisbon_Portugal
Capital, the Geneva based property investment, development and asset management-business,…

Repo rate unchanged at 3.5%

Mar 25, 2021
Lesetja_Kganyago_SARB_Governor
The Monetary Policy Committee has decided against altering the repo rate, deciding to…

Court finds against EAAB in battle for FFCs

Mar 16, 2021
Tony C
In a scathing judgement handed down from the High Court on 15 March, the failure of the…

KZN residential property market poised for upswing

Mar 15, 2021
Sershin_Moodley_TUHF
Over the past three years, the KwaZulu Natal (KZN) property market has enjoyed…

SARB to hold but is a rate hike around the corner?

Mar 16, 2021
SARB_to hold_rate_hike
The South African Reserve Bank (SARB) is set to hold the repo rate at the 23-25 March…

Please publish modules in offcanvas position.