R2bn Coega tax break withdrawn
Economists and property developers hailed proposed tax incentives for Port Elizabeth's urban development zone, saying they could turn the metro into a vibrant economic hive.
Deductions for renovations, new buildings will draw large investors, and should form part of integrated strategy, experts say.
LISTED property loan stock heavyweight Hyprop Investments was the best performer of listed property groups in terms of returns to investors last month, says the latest overview by Catalyst Securities.
LISTED property loan-stock company Pangbourne Properties said on Friday that the acquisition of a R439m property portfolio from Strupot Property Investments would increase its distributable earnings to unitholders by about R7m for the period from October to next June.

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