WBO has reported diluted headline earnings per share of 836.7c for the 6 months ended December 2009 from 704.4c a year ago.
Every one of us has a view on whether we're still in the Downturn or whether the Upturn has already started and whether it will be "U"-shaped or "W"-shaped. But at the risk of sounding like an American motivational speaker, "ignore the Upturn and Downturn - make it your turn."
With student applications for SAPOA's Property Management Programme (PMP) nearly doubling in 2010, SAPOA’s newest accredited education course has clearly hit the mark
- Property Management Programme (PMP)
- South African Property Owners Association (SAPOA)
- university of witwatersrand
- Neil Gopal
- Francois Viruly
- Margie Chessman
- Faizal Ally
- Otis South Africa
- state Agents Affairs Board
- Services SETA
- Jay Junkoon
- Service SETA Employer Association
- Commercial Property Chamber Board
Redefine Properties, has acquired four A-grade buildings for R520m in its continuing strategy of buying properties located in core markets.
Sanyati says that the 2010 budget is good news for its industry and has confirmed state's commitment to the 3- year R846bn infrastructural program.
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The ups and downs in property shares look quite restrained compared with the equity market. In 2008, the property unit trusts (PUTs) had a negative return of 9,7% compared with a 23,2% decline in the all share index. The recovery was also less dramatic, with a total return of 18,7% in PUTs compared with a 32,1% return from equities in 2009.
The 2010 National Budget is not expected to provide significant stimulus for the fragile South African property market in the short run. Yet, it does provide an industrial policy direction that has potential in steering the course of the property sector in the longer term
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