Rebosis Property Fund is in 'no rush' to decide on a full takeover of the company after a three-way merger collapsed.

Murray & Roberts Western Cape have moved on site to start construction of a R1billion mixed-use development in the Bridgeways precinct in Century City.

Most of SA's listed property funds convert to real estate investment trusts, moving them in line with global tax practice and putting them on the global map.

Freedom Property Fund makes its debut on the JSE.

Growthpoint Properties' custom developed industrial and office facility for multinational group Grundfos in Germiston has been awarded a 5-Star Green Star SA Office Design v1 rating by the Green Building Council of South Africa (GBCSA).

Proposed 3-way merger between Rebosis,Delta and Ascension will create the first sizable black-managed property portfolio to rank among the R280bn listed property sector's top 10 companies in terms of size.

About R12bn in property work perhaps more is stalled by a transition to new property legislation, says Sapoa.

Growthpoint and Redefine are the two largest real estate investment trusts, with a diversified exposure to commercial properties in the retail, office, and industrial sectors.

Century City is undergoing a R4.3bn development boom, which will expand the live, work, stay, shop and play hub by 25%.

Growthpoint Properties today announced it has acquired a 34.9% stake in Acucap Properties and a 31.5% stake in Sycom Property Fund, in a substantial R4,66 billion transaction.