Thursday, 11 April 2013 09:52
Prasa looks to property to end reliance on subsidies
THE state-owned Passenger Rail Agency of South Africa (Prasa), which operates commuter rail service Metrorail, is to spend R1.5bn in the next three years to buy back lease agreements on property it holds to boost earnings from its property portfolio and cut dependence on subsidies.
Published in
Listed Property, REIT, Real Estate Funds
Thursday, 15 March 2012 02:00
Prasa plans R500m Braamfontein development
The state-run Passenger Rail Agency of SA plans to invest R500m to deck over the Braamfontein rail-stock yard for mixed-use property developments that will link the Johannesburg inner city with the historical suburb of Fordsburg
Published in
Listed Property, REIT, Real Estate Funds
Most Popular
Lifestyle, status and scarcity sustain demand in Johannesburg's sought-after northern suburbs
Oct 21, 2026
Limited availability of homes to purchase, established lifestyle appeal and proximity to…
CESA warns infrastructure funding must deliver tangible results following MTBPS
Oct 22, 2026
Consulting Engineers South Africa (CESA) has called for stronger infrastructure…
Fuel Levy Relief Welcome, but Sustained Growth and Housing Affordability Remain Key to Property Market, says Dr Andrew Golding
Oct 22, 2026
The announcement in today’s Medium Term Budget Policy Statement (MTBPS) of temporary fuel…
Development advances at Newlyn Logistics Park, Gqeberha, with operator-focused warehouses
Oct 21, 2026
Newlyn Group's development of Newlyn Logistics Park in Gqeberha, Eastern Cape, is…
Madadeni Mall opens, bringing everyday essentials closer to home
Nov 05, 2026
Madadeni’s first enclosed shopping mall opened on Thursday, 29 October 2026, bringing…
eProperty News is a leading online commercial property marketplace serving the Southern African Investment, Office, Retail and Industrial property and allied sectors.