The government's infrastructure spending programme will see larger construction companies weather the global economic storm.
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The number of buyers attending auctions has increased exponentially since the onset of the recession, says Rawson Properties MD Tony Clarke.
Madison Property Fund Managers has cancelled its planned listing of the Global Phoenix Investments Fund on the Bermuda Stock Exchange after disappointing results.
Several luxury golf estates in the Eastern and Southern Cape valued at an estimated R10-billion, have become casualties of the devastating global economic meltdown with the costly projects either being abandoned completely or halted temporarily.
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