Dipula Income Fund, which is anticipated to list on the JSE soon, has announced a Board of Directors which encompasses an impressive depth of relevant expertise and pertinent experience

Demand for commercial property is growing as the market recovers

Capital Property Fund has entered into an agreement with Panya Investments in term of which it will acquire 23.7 million linked units in Pangbourne Properties for R405m.

Property Point, a ground breaking SMME development and upliftment initiative by JSE-listed property company Growthpoint Properties, moves into its second phase

Sephaku Holdings has announced that a heads of agreement has been signed with Dangote in relation to the funding of a cement project held by its 80.2%-held subsidiary, Sephaku Cement.

Building materials supplier, Afrimat, has reported a 25.7% rise in diluted headline earnings per share to 50.9c for the year ended February 2010 from 40.5c a year ago.

PPC has reported diluted headline earnings per share of 114.3c for the 6 months ended march 2010 from 20.3c a year ago.

Sanyati says that the 2010 budget is good news for its industry and has confirmed state's commitment to the 3- year R846bn infrastructural program.

The upgrading of Plettenberg Bay’s airport is inching forward, with plans to invite proposals from prospective long-lease tenants next month.

Eugene Beneke, CEO of Iliad Africa Limited, the JSE-listed building materials supplier, confirmed on Monday that the group's acquisition of DOH in the North West Province had received competition commission approval.

DOH is the largest and most-established general building materials supplier in the Brits area and fills the trading space for Iliad between Tshwane and Rustenburg. DOH's highly capable and experienced management team have been retained, in line with Iliad's philosophy on owner-managed enterprises.

Beneke says the group is now proceeding with the roll out of a further three general building materials stores in the Tshwane and North West region following on competition commission approval. All well-located, the stores in Centurion and Wierda Park will begin trading end November under the well-established Ferreira's Buildware brand name and the third store in Hartbeespoort will trade under DOH.

The acquisitions are expected to add at least R180 million a year to Iliad's turnover from 2010, broadening the retail presence in its general building materials division.

Beneke also noted that, as reported on SENS recently, the group had indicated its intention to extend its current strategic black economic empowerment (BEE) shareholding arrangement with the Women's Private Equity Fund and Vunani subject to shareholder and regulatory approval.