Study by the Western Cape provincial government shows that the province's office properties make inefficient use of space and have higher costs per employee compared to the private sector.

Following Competition Tribunal approval of the take over this week, the empowerment deal will see CBS delist from the Johannesburg Stock Exchange and the formation of a new board

The Public Investment Corporation (PIC) has its sights set on becoming a major player in the R100bn listed property sector - which will no doubt prompt plenty of corporate action from the Government-owned pension fund manager over the coming months.

African Capital Property Portfolio Limited has concluded its first property acquisition since the company was established during November 2006. It has purchased four commercial properties with an aggregate value of R79,8 million

CBS Property Portfolio has completed a remarkably successful maiden year as a JSE-listed property loan stock investment and holding company.

Private developers are playing an increasingly important role in growing the listed property sector as good quality commercial properties become scarcer.

CBS Property Portfolio has acquired seven prime properties for a total of 122 million rand, including the unique Simons Town Boardwalk Centre

CBS Property Portfolio Limited announces that it will list on the JSE on Wednesday 2 November 2005. CBS executive director Gary Fisher is at the Classic Business Day studio with Lindsay Williams

The South African listed property sector is arguably the fastest-growing sector on the JSE, with about six new property funds having listed on the main board of the exchange in the past two years.