The PwC investigation commissioned in November last year by the Special Subcommittee of the board of directors of Fortress REIT Ltd (JSE: FFA and FFB), has found no conclusive evidence to confirm any of the allegations made against the Company or its Management in respect of market manipulation or insider trading and in respect of undue related party benefits or wrongdoing in historic property transactions.

The Subcommittee of the Board of directors of Fortress REIT Ltd (JSE: FFA and FFB), which was set up on September 6 last year to review allegations made against the company and certain past and current directors, is making solid progress in delivering on its mandated scope of work.

JSE listed Attacq Limited  in collaboration with JV partner Tricolt, announced today that phase one of Ellipse Waterfall, the first high-rise residential development within Waterfall City is selling fast, with sales totalling R420m in the first week.

Foreign exchange and inflation have stabilized in Nigeria amid emerging market pressures.

With green building becoming a crucial part of developing smarter and more sustainable African cities, the Royal Institution of Chartered Surveyors (RICS) is pleased to announce the Green Building Council of South Africa (GBCSA) as a key participant and sponsor of RICS Summit Africa 2018, set for Sandton this month.

The V&A Waterfront is proud to be awarded five Green Star Ratings from the Green Building Council South Africa (GBCSA) this week.

The needs of business and leisure travellers are constantly evolving. Is the serviced apartment accommodating them?

Landlords in the burgeoning office hub of Rosebank are not shy to charge premium-grade office tenants top-end rentals, given the demand for space in the district.

The joint venture has acquired 28ha of Waterfall land from Attacq and an additional adjacent 100ha from the Mia family, securing a total of 128ha of usable land on the eastern side of the N1 freeway and south of the Allandale interchange.

Novare Real Estate Africa has announced that construction has started on its fourth commercial development in Nigeria, the multi-billion naira Novare Gateway mall in the capital city of Abuja.

Page 1 of 3

Most Popular

Mall of Africa Celebrates Launch of New Generation Pick n Pay Store

Sep 23, 2019
 MOA PNP  1
Today Mall of Africa welcomed one of South Africa's biggest grocery retailers to the…

Exemplar REITail Acquires Katale Square Shopping Centre

Sep 23, 2019
 JASON MCCORMICK
Real estate investment trust, Exemplar REITail, has acquired Katale Square shopping…

City of Joburg Housing Development wins UN award

Sep 17, 2019
 MESHACK VAN WYK
The City of Johannesburg’s Housing department has won a Sustainable Cities and Human…

Mixed-use is the key to funding hotel development in Africa

Sep 17, 2019
 XANDER NIJNENS
JLL’s research into global property transactions reveals that in the first half of 2019,…

Grit Real Estate financial results for the year-ended 30 June 2019

Sep 30, 2019
 BRONWNY CORBETT
London Stock Exchange listed Grit, the only listed Africa-focused income distribution…

Please publish modules in offcanvas position.