Attacq Limited (Attacq), the JSE listed property company developing Waterfall City and Waterfall Logistics Hub, hosted an official ground-breaking ceremony today, to welcome international medical devices company Zimmer Biomet to Waterfall Distribution Campus.
The joint venture has acquired 28ha of Waterfall land from Attacq and an additional adjacent 100ha from the Mia family, securing a total of 128ha of usable land on the eastern side of the N1 freeway and south of the Allandale interchange.
Financial services giant Sanlam’s exit from Gensec, in 2004, set Marna van der Walt on an unplanned path to becoming a property industry powerhouse.
A property developer with powerful South African backing claims that his new building, which is planned for Edinburgh in Scotland, will be a 'vibrant scheme'.
Vukile Property Fund today reported a 26.7% increase in the profit available for distribution for the full year to 31 March 2013 to R556.4 million
Financial services group Sanlam is due to launch its sub-Saharan Africa Real Estate Fund at the end of March‚ which it intends to list on the Stock Exchange of Mauritius.
Property loan stock company Vukile reports a 6.3% increase in the profit available for distribution for the full year to 31 March 2012 to R439.1 million. According to leading analyst Leon Allison of Macquarie, adjusting for the manco fee and the once-off lease payment received in 2H12, estimated like-for-like growth of around 5% occurred.
Vukile Property Fund Limited expects to see only a slight improvement in its trading environment for the remainder of the 2010 year, despite signs of a recovery in the South African economy.
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