South Africa's largest listed property group Growthpoint Properties announced on Tuesday that Growthpoint Properties Australia (GOZ) has acquired a portfolio of seven direct property assets from the Property Solutions Group for AUS$172 million.
Lafarge SA says that it expects the cement industry to recover in the second half of 2011, says CEO.
Namibian retail has been largely sheltered from the prevailing tough trading conditions which have impacted the retail sector in South Africa and globally, explains retail leasing director, Dave Bennie of leading African property company Broll
Auction Alliance will be taking two properties on Main Road, Mellville - well known for street cafes, cigar lounges and restaurants and good commercial property exposure - to the auction floor on August 18.
A brand-new 90 hectare corporate estate in Lanseria, north of Johannesburg, is expected to inject billions of rands into the province.
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Resilient Property Income Fund announced on Thursday that for the six months ended June 30 2010, its diluted headline earnings per linked unit increased to 117.28 cents from 100.49 cents a year ago.
The Coega Industrial Development Corporation says that it expects construction on the multi-billion dollar crude oil refinery project to commence after two years.
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