Severe market conditions particularly in the UK, saw CIREF - Corovest International’s property fund listed on the London Stock Exchange AIM Market - reporting a net loss of R406,6 million (£25,9 million) for the year to September 2008
Hospitality Property Fund continues to exceed expectations on the back of favourable South African tourism and leisure conditions
Hospitality Property Fund will acquire the 301-key 4-star Holiday Inn Sandton, adjacent to the Village Walk Shopping Centre in Sandown, for R400 million

eProperty News is a leading online commercial property marketplace serving the Southern African Investment, Office, Retail and Industrial property and allied sectors.