In what could be SA’s biggest auction, two Johannesburg shopping centres are expect ed to fetch R700m when they go under the hammer in March.

Property analysts have welcomed Hyprop Investments’ plans to buy its unlisted counterpart, Attfund Retail, saying the transaction is positive for the South African listed property sector in general.

Emira Property Fund is planning to spend a further R130m in the next year upgrading certain of its property assets in Johannesburg, Pretoria and Cape Town.

Capital Property Fund’s planned acquisition of Pangbourne Properties is expected to see earnings drop 20,87% to 29,66c for the six months to June.

Nedbank Corporate Property Finance: Affordable Housing has provided R34 million funding for the installation of services and infrastructure and the construction of 428 sectional title homes in the Northern Suburbs of Pretoria.

Premium Properties on Thursday reported that its distribution for the six months ended August 31 2010 increased by 13.1% to 58.7 cents from 51.9 cents a year ago.

The Ferndale portfolio offers a variety of properties, including an office redevelopment opportunity, a single tenant office building and a large motor retail property with great income.

Capital Property Fund has posted a solid set of results for the 6 months to June, plans to become a specialised commercial and industrial fund.

Auction Alliance’s July auctions shown that well situated properties are still attracting strong demand, with the Johannesburg auction seeing a well planned and purposely designed education facility in Centurion sell for R17.25 million.

The Dongane Holiday Resort and Golf Estate in the Inhambane province, 430km north of Maputo, otherwise known as The Old White House, is a longstanding landmark, with a local Mozambican theme.