The mercury is rising as the peak tourist season gets underway, and Cape Town’s beaches and scenic mountains are resplendent, reminding us why the Mother City has just been named one of the best three travel destinations in the world by Lonely Planet.

Reaffirming the strategic relevance and increasing appeal of Cape Town’s rapidly transforming Foreshore area, which is undergoing considerable revitalisation, two major corporates have recently concluded lease agreements through Ikon Property Group for prime office space in the area.

Wednesday, 15 July 2015 10:53

Demand outstrips supply in Cape Town CBD

Living near your place of work is a growing trend around the world, but anyone looking to buy a residential property in Cape Town knows that there are too many buyers and too few properties available.

Texton Property Fund announced that Rob Kane and Marelise de Lange have resigned as chief executive officer and financial director respectively of Texton Property Fund Limited.

Tsogo Sun will begin construction of a 500-room hotel complex in Cape Town’s city centre‚ says group.

Texton Property Fund’s shareholders gave their overwhelming support to the broad based black economic empowerment deal which was announced in December last year.

Following the release last week of excellent interim results which gave shareholders distribution growth of 11.7%, Texton is pleased to announce the acquisition of two properties in the UK for a total of GBP 15,24 million.

Texton is pleased to announce that it has reached agreement with a broad-based black economic empowerment Consortium to purchase around 20% of Texton shares. 

Rob Kane, CEO of Texton said the Fund was pleased with another period of strong distribution growth and acquisitions.

Texton Property Fund's Key Performance Indicators improve despite challenges in the office sector.

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