McCormick Property Development (MPD) is proud to confirm the signing of a partnership agreement with Putprop Limited for the development of two signature retail projects, located in the Gauteng townships of Soweto and Mamelodi.

The Johannesburg Social Housing Company (JOSHCO) has begun work on a housing development valued at R200 million in Dobsonville, Extension 2, Soweto to be completed by June 2016.

Property loan stock company Vukile Property Fund and property unit trust Emira Property Fund have delivered fairly stable and consistent returns to their shareholders, but the two trade at similar ratings and at a discount to the market due to a perception that they have lower quality assets.