The Public Investment Corporation SOC Limited (PIC) has increased its beneficial shareholding in Texton Property Fund, growing its stake in the JSE-listed SA REIT from 5.2% to a significant 18.9%.

The iconic 30-storey Towers Main building in Johannesburg’s ABSA Precinct now has a new owner and a new lease on life.

More family fun, more good food, more shopping and convenience than ever before – that’s what the multi-million rand 8000m² expansion of Midwater Centre in Middelburg, Mpumalanga, has brought to the local community.

With inflation currently below the mid-point of the Reserve Bank’s inflation target and economic growth remaining sluggish, the Monetary Policy Committee kept the repo rate steady at 6.75%, as expected.

Wednesday, 27 March 2019 13:10

The do’s and don’ts of downscaling

The long-held belief that bigger is better when it comes to property is certainly one that is being challenged all the time.

Construction of Divercity Urban Property Fund’s iconic Jewel City redevelopment is forging ahead.

Leading global technology provider SKF, headquartered in Sweden, has concluded a lease agreement in Jet Park with a value of more than R120 million.

Author and investor Jim Slater states of large-cap companies, “elephants don’t gallop”. And as history shows us (see Chart 1) mid- and small-cap companies have enjoyed superior growth over the long term.

Following various announcements made by Edcon over recent months in relation to the recapitalisation of the business, the Group has advanced the process sufficiently to provide a further update to all stakeholders. 

The Rubik , a newly launched luxury mixed-use building situated in the heart of Cape Town’s CBD is set to challenge property development in South Africa with its iconic and unique architecture and design.

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