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Delta Property Fund, a specialist black-managed and substantially black-owned REIT with a significant sovereign underpin, today reported flat interim results for the six months ended 31 August 2017.

Public Works Minister Nkosinathi Nhleko on Monday called on the construction industry to embrace innovative technologies that have superior energy efficiency performance compared to conventional materials.

The National Home Builders Registration Council (NHBRC) has appointed Mr Mziwonke Dlabantu as Chief Executive Officer with effect from 01 October 2017. 

Delta Property Fund, a specialist black-managed and substantially black-owned REIT with a significant sovereign underpin, today reported sound results for the financial year ended 28 February 2017, declaring a dividend of 97.24 cents per share, up 7,1% on the prior financial year and in line with the Group’s growth forecast. 

Key players in the engineering industry are taking legal action against the Department of Public Works (DPW) and the Engineering Council of South Africa (ECSA), alleging that the appointment of the new ECSA council is unlawful.

The South African Institute of Black Property Practitioners supports the call at the recent State of the Nation Address (SONA) for land reform, and expediting the transformation of the property sector.

A draft Property Practitioners Bill will be published by the Department of Human Settlements for public comment with a purpose of establishing a more inclusive, representative sector, towards radical economic transformation. 

Tuesday, 13 December 2016 11:26

Tighter leasing plan to save state 20%

Department of Public Works starts renegotiating its leases with PIC as part of the government's drive to effect R25bn in savings over the medium term.

Government-owned flats and houses are being leased to the public for the first time.

When purchasing a property from a company or close corporation (CC) it is essential to ascertain whether the selling entity is currently registered with the Companies and Intellectual Properties commission or CIPC, previously known as CIPRO.

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