Large property firms are setting up BEE-controlled property funds
The listed property sector is developing black-owned enterprises to meet its black economic empowerment (BEE) requirements.
African Capital makes R80 million initial property acquisition
African Capital Property Portfolio Limited has concluded its first property acquisition since the company was established during November 2006. It has purchased four commercial properties with an aggregate value of R79,8 million
African Capital to benefit from PIC takeover bid
Newly established empowerment property group African Capital Property Portfolio is poised to benefit from the Public Investment Corporation’s (PIC’s) proposed takeover bid for listed property loan stock company CBS Property Portfolio
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