Higher Education and Training Minister Blade Nzimande says even addressing maintenance backlogs in student accommodation without adding new infrastructure will cost R4,4bn
Property loan stock company Vukile Property Fund says it is to acquire a portfolio of 20 properties, worth nearly R1.5bn, from Sanlam Life Insurance.
The JSE's largest property company Growthpoint is battling to digest the V&A Waterfront, which it swallowed in June as part of South Africa's biggest-ever property deal
Growthpoint Properties announced that all conditions precedent to the acquisition of the V&A Waterfront in Cape Town had been fulfilled.
The purchase, in equal proportions, of South Africa’s landmark V&A Waterfront is now complete and all conditions have been fulfilled
Victoria & Alfred Waterfront in Cape Town could be back in South African hands after the Public Investment Corporation confirmed yesterday it was in talks to buy it back.
South African property investors have to start investing in there rest of the continent because there are "major opportunities being overlooked", says Wayne van der Vent, head of property investments at the Public Investments Corporation.
Exceeding budgeted expectations, South Africa’s largest JSE-listed property company declared a distribution of 51,1 cents per linked unit for the six month period to 31 December 2007, compared to the 45 cents per linked unit in the comparable period
Property shares appear to be settling around 15% below their level of late last year, disconnecting from the recovery in the overall JSE
Despite the nine interest rate increases since mid-2006, South African property investors are sitting rather pretty compared to their American, British and European counterparts.

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