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Maluti Crescent Shopping Centre (formerly Setsing Crescent) in Phuthaditjhaba, Free State, is receiving a major redevelopment and expansion boost from JSE-listed Retail REIT Vukile Property Fund, which will see it becoming the largest shopping centre in its town.

Fairvest Property Holdings Limited (“Fairvest”) today announced a full year distribution of 16.660 cents per share, which represents a 10.29% increase on the comparable period and again exceeded the guidance previously issued.

Some developers are shifting their focus to small and convenience shopping centres.

Today, First National Bank (FNB), the Kavod Trust and Councillor Moeng, Member of the Mayoral Committee, officially opened FNB’s new regional offices in the Central Business District (CBD) of Bloemfontein.

Old Mutual and Pareto announce deal for full ownership of landmark malls valued at R10 billion.

Today, First National Bank (FNB), the developers and a Member of the Mayoral Committee (MMC) at the Mangaung Metro Municipality, Councillor, Papiki Moeng, officially launched phase one of the Second Avenue Development project set to become FNB's new regional offices in Bloemfontein.

Investec Property Fund ("IPF") announces the acquisition of Dihlabeng Mall in Bethlehem in the Eastern Free State ("Bethlehem Acquisition") and the Foschini Building in the Johannesburg inner city ("Foschini Acquisition).

Wednesday, 23 April 2014 12:55

Infrastructure Development Bill overview

The Infrastructure Development Bill was first introduced in February 2012 with the aim to fast track infrastructure development projects in South Africa.

FNB's Housing Finance division is going strong with around 20% growth in the market over the last financial year and a good outlook.

Arrowhead Properties, the only JSE listed property company to pay quarterly distributions, has over the past few months made significant progress in its acquisition strategy aimed at growing the portfolio by R660 million, 30% in its current financial year.

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