Bruce Kerswill, Executive Chairman of the Green Building Council South Africa (GBCSA) and the pioneer who led the charge in the formation of the local Council, has been elected as the Chairman of the World Green Building Council (World GBC).

Property doyen Rodney Squire-Howe has been appointed as an independent non-executive chairman and director of the board of property investment company, Ingenuity Property Investments Ltd

Listed property loan stock company is developing a R450m mixed-use scheme on the old Pick 'n Pay headquarters site in Claremont, Cape Town

IN A deal that values Paramount Property Fund at about R1,5bn, Growthpoint Properties, the largest listed property company on the JSE, has made a mandatory offer to acquire all the linked units in Paramount.

Paraprop lifts distributions as portfolio grows, costs dip

Paramount Property Fund has announced the acquisition of 11 new properties with a total value of 839-million rand

Listed property loan stock company Paramount Property Fund (Paraprop) has declared a third-quarter distribution of 13c for the period to July, in line with the company's objective of maintaining moderate growth.

Paraprop maintaining moderate growth

Paraprop has boosted its distribution for the six months to April by 4%.

The past year has seen business confidence levels in the property industry at an all-time high, fuelled by low interest rates, a relatively strong Rand and a general acceptance that inflation is under control. All of this has been good for the property industry, which has seen occupancy levels improve, rentals firm and a strong appetite for property investment.