R12m boost for Jeffreys Bay
Main beach area in Jeffreys Bay is set to undergo a facelift thanks to a financial boost of more than R12m from the Department of Environmental Affairs.
Construction firms agree to a transformation fund
Construction groups say they will collectively pay R1.25bn to accelerate transformation in the country's construction sector in settlement of collusion claims in the industry.
Equites Property Fund announce 20% increase in half year distributions to 54.44 cents per share
The JSE’s only listed specialist logistics property developer and landlord, Equites Property Fund Limited, today announced a 20% increase in half year distributions to 54.44 cents per share.
CEO's pay tops R14m as profit falls - again
Murray & Roberts pays CEO Henry Laas R14.7m in the financial year to June, including R6.4m in bonuses.
Community Schemes Ombud Service Act will affect thousands
The much-anticipated Community Schemes Ombud Service (CSOS) Act is now fully operational and applicable to all community housing schemes including Sectional Title and shareblock schemes, cluster complexes and estates run by home owner associations (HOAs), retirement villages and housing co-operatives.
Is it time to move towards a more attracive buy-to-let opportunity? Yields start to rise as the residential market slows
In the 2nd Quarter of 2016, the TPN-FNB National Average Gross Residential Yield rose slightly for the 1st time since the 1st quarter of 2014.
MAS Real Estate ready to expand into Central and Eastern Europe
JSE- and Luxembourg-listed MAS Real Estate, reports a strong results for the year to end-June 2016‚ marked by a 63% increase in rental income and a 34% increase.
MAS Real Estate reports strong growth in distributions
MAS Real Estate Inc. (“MAS”), a commercial property investor, developer and operator listed on the JSE and Bourse de Luxembourg, today reported exceptional results for the year ended 30 June 2016, marked by a 63% increase in rental income and a 34% increase in final distribution to 4,50 euro cents per share.
Dubai rolls out property projects despite falling prices
Dubai developers are rolling out their scale models for the city's latest grandiose property projects despite continued falls in real estate prices.
Redefine Properties successfully places Euro 150 million secured bonds exchangeable into shares of Redefine International plc
JSE-listed diversified real estate investment trust Redefine Properties (JSE: RDF) has successfully raised Euro 150 million through the launch of a five year exchangeable bond programme to be listed on the Frankfurt Stock Exchange, with the proceeds to be used in part settlement of the bridge facility used to fund its recent investment into Poland.
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