Construction would take 18 months and the development would see traffic diverted into three streams, one each for light vehicles, pedestrians and buses and trucks

Monday, 08 August 2011 02:00

Old Mutual Property pulls fund listing

Old Mutual's decision to withdraw its planned listing of its R12bn Triangle Real Estate Core Fund had deprived investors of the chance to own some of SA’s premier retail assets, as well as the opportunity to significantly increase the listed property sector’s market capitalisation, analysts said last week.

The historic ‘Nelson Mandela Building’ in the Johannesburg CBD, where Madiba served his legal articles, is set to go under the auctioneers hammer on 23 June

Friday, 20 May 2011 02:00

Mall mania hits JSE

This week’s listing of R2,2bn to the real estate sector’s market cap, which is fast ap proaching R130bn, up from R100bn 18 months ago.

Thursday, 11 November 2010 02:00

Vividend aims to grow assets

Property loan stock group Vividend says that it aims to grow its assets to the tune of R1.5bn by the end of August next year.

Friday, 03 September 2010 02:00

Property in the jumble sale

In a few years’ time Old Mutual will regret offloading its property portfolio.

Monday, 17 August 2009 02:00

City's first skyscraper to be fixed up

A Historic Johannesburg building, which has been left to decay for years, and fallen prey to vandals recently, will soon get a R19-million facelift.

Listed property has shone amongst South Africa’s top 100 companies, based on share-price performance

Tuesday, 13 January 2009 02:00

Eskom halts supply to big developments

Eskom said last year it would not provide electricity to new developments requiring more than 100kVA power because of SA’s low reserve margins.

A recently announced strategy deemed necessary to improve the quality of earnings and to generate sustainable long term distribution growth - including portfolio investment objectives, specific building strategies and a programme to buy back units - has been revised

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