Cape Town’s inner city is emerging as one of SA’s strongest residential growth nodes‚ with the combined rand value of all CBD property sales increasing by a whopping 72% last year.

Vunani Property Investment Fund announced that both its unitholders and board have approved the sale of the asset management business from Vunani Property Asset Management Proprietary Limited to Texton Property Investments Proprietary Limited at a meeting held in Johannesburg today.

Vunani Property Investment Fund announce R117 million transaction

The South African Property Owners Association (SAPOA) and the City of Cape Town will work to unlock opportunities by facilitating collaboration between the public and private sector.

Although data shows the direct property sector delivered an improved 9.2% return for the first 6 months of this year, industry pundits expect price weakness in the listed sector.

Monday, 16 September 2013 08:24

Retailers see potential of Cape Town CBD

International and local high-end retailers have been flocking to Cape Town’s central business district to set up shop as the appetite for luxury goods continues to grow.

Tuesday, 27 August 2013 11:02

SA making rapid progress on green buildings

Although South Africa is relatively new on the "green building" scene, it is making rapid progress in catching up with the likes of Australia, North America and Europe, says Heath Andersen, associate director at global engineering firm Arup.

Vunani Property Investment Fund CEO Rob Kane says acquisition opportunities are returning to the listed property sector.

The Fund will offer a total of 48 503 939 new linked units ("rights offer units") to unitholders at a subscription price of 987.33 cents per rights offer unit 

Vunani Property Investment Fund (VPIF), the only JSE listed property fund to offer investors significant exposure to commercial offices, today announced the amended terms of its rights offer to raise up to R455 million.

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