Property loan stock group Vukile announced on Tuesday that its unitholders have approved the company's proposal to acquire nine Sanlam Life Insurance properties for R537.6 million.
Hyprop has reported an 8.1% rise in distribution per combined unit to 174c for the 6 months ended June 2010 compared with 161c a year earlier.
An emerging trend for property investment in China is ‘HOPSCA’, (hotel, office, parking blocks, shopping centres, apartments) and JHI investgates whether they can redirect some of this energy into Africa.
Rare investment property opportunity comes to market in September.
Redefine is on track to list its subsidiary, Redefine International, on the JSE on 7 September 2010, providing South African private and institutional investors with the opportunity to utilise Rands to invest in an international portfolio of properties
Fitch Ratings has on Monday affirmed Redefine Properties national secured debt rating at 'A-(zaf)'.
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Murray & Roberts Holdings is set to publish its results on August 25.
A 40 000sqm shopping centre well situated in busy Ondekkers Road in Roodepoort has been sold for close to R300 million to a West African investor
African Development Bank expects growth in Africa to rebound from the economic global recession to a healthy average of 5,2% next year.
INCREASING vacancies due to redevelopment and tough trading in retail, industrial and office properties continued to drag down listed property fund SA Corporate Real Estate, which saw a drop in distribution in the six months to June.
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