Emira Property Fund has committed itself to further growth of it’s property portfolio this year, says CEO James Templeto

THREE properties in the high demand areas of Church Square Pretoria, Midrand and Parkhurst will be among the lots coming under the hammer at the Alliance Group’s property auction next month

Around 150 guests including government and media set off from Midrand on the first trip aboard the rapid-moving Gautrain, whose arrival could transform the transport industry.

Managing Director of Premium Properties Limited Jeffrey Wapnick, attributes the pleasing results to the growth of it’s Pretoria and Jo’burg CBD property portfolio and the upgrades and redevelopment of its properties, as well as the positive office and residential letting markets

Prospects for the business property market are looking brighter than before.

Land in George, partly under natural forest, and a poultry farm in Carolina will feature on the Aucor property auction this month, as will commercial and industrial buildings in Johannesburg and Pretoria.

Emira Property Fund had an active six months bringing 14 projects totalling R330m to fruition. These investments are expected to significantly improve the quality of the portfolio and the sustainability of its rental income over the longer term

A provisional truce has been reached in the Pretoria High Court in a legal dispute about Mpumalanga's 2010 World Cup stadium and 118 hectares of neighbouring land.

Octodec Investments Limited has announced a distribution of 61.6 cents per linked unit for its six-month interim period to 29 February 2008, representing a growth in interim distributions of a noteworthy 14.1%

With acquisition activity having slowed, ApexHi Properties Limited aims to invest R1-billion in refurbishment projects to grow income in its portfolio. Projects worth R570-million are already underway, and refurbishments for a further R357-million are currently in planning phases.