Commercial property players are increasing their exposure to the residential rental market.
Pivotal Property Fund announces its intention to raise R1bn through the private placement of 58,823,529 shares at an issue price of R17 per private placement share.
New Europe Property Investments says it plans to raise R1.14bn through the issue of new ordinary shares.
Century City is undergoing a R4.3bn development boom, which will expand the live, work, stay, shop and play hub by 25%.
Silverstar is Tsogo Sun's jewel on Jozi's West Rand and is currently undergoing a R560-million expansion that will see it becoming a premier entertainment destination.
Tembisa Mega Mart development in Gauteng has a new buyer in the form of Delta Property Fund‚ after a previous deal to acquire the township mall failed.
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.
Many investors in buy to let properties often miscalculate what their returns would be by omitting some of the expenses they incur in running property that is rented out, says Michael Bauer, managing director of IHPC.
The Polokwane Municipality in Limpopo has announced several ambitious development projects
Auction company ClareMart says it is often approached by investors seeking advice as to returns on a wide variety of asset classes.
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