The City (of Johannesburg) auctioned off a prime site situated on Comartie Road in Hurlingham, near Sandton, for a whopping R23,9m, double its reserve price of R10,3m.

Wednesday, 13 August 2003 02:00

Development controls

THE CITY OF THE FUTURE

A proposal by the Gauteng Superhighways Consortium to extend the Ben Schoeman Highway between Johannesburg and Pretoria has been put on hold by the National Roads Agency while more studies are undertaken to determine the feasibility of some of the routes.

Wednesday, 11 December 2002 10:01

Spearhead up-beat about 2003.

 

THE year past was a tough one for the South African property sector but, with the recent strengthening of the rand and the likely four percentage point drop in interest rates before the end of 2003, the bull run in Cape property, halted in November 2001 when the rand began its downward spiral, is now again gaining momentum.

Paramount Property Fund (Paraprop) has announced the acquisition of 13 commercial properties to the value of R161 million.

Monday, 14 January 2002 03:01

Primegro buys Richway

 

Listed property group Primegro has finalized an agreement to acquire the retail property portfolio of Richway for 1.175 billion rand in one of the country's biggest property deals, the company announced on Friday. The transfers are expected to be registered immediately in Primegro's favor, excluding Long Beach, bringing the value of its property portfolio to 2.34 billion rand.

Tuesday, 02 October 2001 03:01

Sale - leaseback for Don group

CAPE TOWN Don Group directors Marc Wainer and Sidney Ellerine have come to the aid of the cash-strapped suite hotel group by buying and leasing back to it six properties via a vehicle called Ellwain Investments.

Friday, 11 October 2002 02:00

House building sector buoyant.

Building activity in the residential sector had remained buoyant, but the nonresidential sector was struggling.

Friday, 19 April 2002 10:31

Tax laws a gold mine for developers

SA's tax laws contain a number of benefits for taxpayers planning to develop property.

Friday, 18 January 2002 02:00

MEGAPROJECTS COMMENT

Big isn't always beautiful, as the past year's experience shows

Page 29 of 29

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