Emoyeni Mall has brought retail to the masses in Emoyeni, Nelspruit.

Already provided for in existing provincial legislation, a Service Appeal Tribunal would allow property developers to appeal decisions made by municipalities, and obtain independent resolution in such matters.

Following the stellar 30% total return for 2010, some analysts believed listed property was fully priced. But the search for reliable cash flows amid ongoing global uncertainty continued last year, and the sector achieved a respectable 8,93% total return for 2011 compared with the all share’s 2,57%.

Resilient’s drive to become a dominant retail player in previously underserviced country areas instead of the big cities has delivered above-sector returns for investors over the past five years.

Resilient Property Income Fund announced on Thursday that for the six months ended June 30 2010, its diluted headline earnings per linked unit increased to 117.28 cents from 100.49 cents a year ago.

Mpumalanga MEC for public works, roads and transport Clifford Mkansi has officially opened one of the 2010 World Cup roads in Nelspruit.

Demand for commercial and industrial property in the Lowed capital Nelspruit has remained strong in spite of the recession.

'Still lots of buyers' for the sale that has been dominated by retail buildings in small towns.

The Sheppard Boutique Hotel in Nelspruit and a default auction of a block of flats in Boksburg were among the properties that came under the hammer at the Bidline auction at the Inanda Club on Tuesday, in a market that showed signs of improving.

Morden office and retail buildings, as well as an historical hotel building in Gauteng and Mpumalanga, will be on offer at the Alliance Group multi- property auction next month.