Liberty seeks to launch an African Direct Property Development Fund offering investors commercial retail property opportunities in countries such as Nigeria and Kenya.

Thursday, 28 March 2013 07:34

Sandton buildings are going green

A hundred years ago Sandton was considered the 'market garden' of Johannesburg, about 50 years later Sandton is described as a 'community of 30,000 whites and 15,000 horses'.

A total of just over 17 million A and B linked units were issued for a combined consideration of R14.60, raising gross proceeds of R250 million.

The office complex, which cost more than R2bn to build, will house about 5,000 client-facing employees and is expected to create economic spin-offs in Rosebank, Johannesburg.

Soweto will enter a new era of convenient, quality retail when Diepkloof Square community shopping centre opens, fully let, on 29 November 2012.

Details on government's planned infrastructure development, South Africa's credit rating and growth forecast are some of the issues business hopes to gain clarity on when Finance Minister Pravin Gordhan tables the 2012 Medium-Term Budget Policy Statement (MTBPS) tomorrow.

Saturday, 20 October 2012 06:49

Sephaku Cement concludes R1.95bn funding deal

JSE-listed industrial minerals exploration and development company Sephaku Holdings associate company concludes a R1.95-billion funding deal with Standard Bank and Nedbank.

Indian and Russian investors have purchased the balance of the Vista Park suburb of Bloemfontein and will shortly be installing the last of the services for phase 4 in a move that is punted as creating 'an ideal new South Africa suburb'. A vaiety of business and community opportunities also present themselves to investors

Oasis Group Holdings, the asset management group, has recommended to clients with Fountainhead units not to accept Redefine’s proposed acquisition of the property unit trust

Thursday, 09 February 2012 02:00

House price growth muddles along

According to Standard Bank's monthly data, median house price growth hobbled to 1.6% in January 2011

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