Rebosis Property Fund reports a 9.0% rise in its distribution per linked unit to 48.5c for the six months ended February 2014 from 44.5c in the year-earlier period. 

Building on their extensive involvement in the development of the Eastern Cape's property industry, Nedbank Corporate Property Finance has finalised a R17 million loan with development company, Vargalor (Pty) Ltd, which will help fund a new convenience shopping centre in Lorraine, Port Elizabeth.

Refurbishments and upgrades enhance property values, reduce vacancies

Property owners, landlords and investors in the commercial sector will probably not be surprised that the numbers for Q4 of 2013 indicate a drop-off in rent paid on time and in full.

The long-standing relationship between Nedbank Corporate Property Finance and leading SA property development and investment group, Billion Group, is once again delivering economic development opportunities in the Eastern Cape.

Nelson Mandela Metropolitan University's new R116m Business School is the first in South Africa to receive official "green" design rating accreditation for a public and education building from the Green Building Council of South Africa (GBCSA).

The Eastern Cape, a region mostly overlooked by commercial property investors when compared with other parts of South Africa, is experiencing a sustained retail and property boom.

Cape Town-based investment company, Eleo Capital, has announced the inception of a new distressed property fund, which will be invested in the residential property market in the Western and Eastern Cape.

The building of the R120m Nkosi Dalibhunga Mandela Legacy Bridge outside Butterworth in the Eastern Cape is on schedule and will officially be opened on May 10 to commemorate the day Nelson Mandela was inaugurated as President.

Forming part of a larger national property portfolio, two office blocks in the Eastern Cape, tenanted by Blue Chip companies, will fall under the hammer on 06 March.