Investec Australia Property Fund announces the purchase of an A-grade commercial office building in the prized Garden City Office Park, located 15km south of Brisbane's CBD in one of Queensland's fastest growing precincts.

The South African Property Owners' Association (SAPOA) is pushing ahead with a pivotal initiative to lay bare the current property tax regime in South Africa, with the appointment of Business Enterprise at the University of Pretoria in partnership with specialist consultants Rates Watch (Pty) Ltd.

Sun International reports a 20% decline in diluted HEPS to 325c for the 6 months ended December 2013 from 408c a year ago.

Redefine International successfully completed its accelerated bookbuild capital raise earlier today. The placement was substantially oversubscribed with strong demand from both the UK and South African investors resulting in the total share placement being increased to 9.9% of the current issued ordinary share capital prior to the Placing.

Redefine International will place 86.64-million new shares‚ representing 7.5% of the company’s issue share capital, says group. 

In 2014, as was the case in 2013, the fortunes of the South African property markets will once again be inextricably linked with the country's economy and other markets,which means that, in the interim, local property will not enjoy the same uptick that's becoming apparent in some global property sectors.

Visual International Holdings, which is set to list on the JSE AltX next month, has announced a Board of Directors that will benefit investors with an exceptional knowledge-base and a wealth of experience.

A development master plan which recognises the powerful trend towards a sophisticated community-based country lifestyle will see Pearl Valley Golf & Country Estate reach its full potential under the stewardship of new shareholder Standard Bank.

The South African Property Owners Association (SAPOA) has expressed its support for the Department of Public Works' decision to seize misappropriated state properties.

In his recent State of the Nation Address, president Jacob Zuma said, “In 2012 we unveiled the National Infrastructure Plan, led by the President through the Presidential Infrastructure Coordinating Commission.

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