ApexHi Properties Limited has acquired four properties adjacent to the Jewel City precinct in the Johannesburg inner city for R40-million, which will be incorporated into the precinct
ApexHi Properties has acquired four properties adjacent to the Jewel City precinct in the Johannesburg inner city for R40m.
Holcim says net profit plunged 80% during the first quarter, hit by a decline in business from Europe and North America.
PPC says its earnings per share and headline earnings per share for the six months ended March are expected to be between 75% and 90% less.
The slowdown in the property market, especially in the UK, saw the executive directors of Liberty International declining salary increases and bonuses for last year.
Property unit trust Fountainhead Property Trust on Thursday announced net income of R387.84 million for the six months ended 31 March 2009, up from R336.48 million during the prior comparable period.
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Emira Property Fund recently bought back 4.99m of its participatory interests (PIs) in the open market at an average price of 1 044 cents per PI for a total cost of R52m
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