PPC CEO Paul Stuiver says that the group is concerned about the outlook for cement demand in the second half amid an uncertain economic recovery.
Sanyati says that shareholders have been advised of the R50.2m change in an estimate which has been recognised in the interim results for the 6 months ended August 2009.
PPC has reported diluted headline earnings per share of 114.3c for the 6 months ended march 2010 from 20.3c a year ago.
The sudden resignation of Redefine Properties joint CEO and director Wolf Cesman for 'personal reasons' has caught the market off guard.
Gautrain is likely to finalise the fare structure for its new high-speed rail link in the coming week, with the first phase of the project due June 8.
A bid price of R31,1m has been received for a retail centre in Pongola, KwaZulu Natal, at an auction held by Bidline in Durban.
A shopping centre in Bedfordview and a filling station in Fairland, Johannesburg, will be among a strong mix of offerings at the Savile Row auctions.
- Bedfordview
- Johannesburg
- ablution facilities
- open patios
- business and commercial activities
- basement parking area
- Eastgate Shopping Centre
- OR Tambo International Airport
- Bedford Gardens
- Kloof Shopping Centre
- Standard Bank ATM
- public (Telkom) telephones
- Office Property
- Number 174 Smit Street, Fairland
The highlight of Aucor’s next multi-property auction is a range of properties in Witbank/eMalahleni.
More...
The latest Operating Report Published by SAPOA – 3rd Quarter 2009 makes very interesting reading says Rodney Luntz, Managing Director of Lew Geffen Sotheby’s International Realty Commercial Investment Property.
The South African property sector presents companies like Redefine with a scenario that is extremely favourable for yield enahncing deals
Liberty International says it has seen a much lower level of retailer failures in the first quarter of this year compared with the same period last year.
eProperty News is a leading online commercial property marketplace serving the Southern African Investment, Office, Retail and Industrial property and allied sectors.