The Tower Property funds focussed strategy, which differs from the typical approach to office asset management, has paid off for one building within the portfolio.
Following an extensive commercial process Sasol has selected the Sasol Pension Fund and partner Alchemy Properties to develop and lease to Sasol a new 67,000m2 office building at 2 Katherine Street, Sandton.
Petrochemicals group Sasol announces plans to build a R1.8bn gas-engine power plant next to its electricity generation facility in Sasolburg.
PetroSA's controversial R78-billion Mthombo refinery, planned for the Coega industrial development zone near Port Elizabeth, will create no more than 2500 permanent refinery jobs once it is operational, a far cry from the 27500 President Jacob Zuma envisaged.
Boom times for construction and engineering companies are just beginning, says Carl Grim, CEO of industry giant Aveng.
Growthpoint to take its South African pitch on Investec's UK road show in the hope of attracting European customers
The water affairs and forestry department had approved an above-inflation tariff increase of 6,1% for the bulk raw water supplied out of the Vaal River, the ministry said yesterday.

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