BHP Billiton set to take the gloves off in defence of its home turf
Increasing demand for prime property is pushing South African property capitalization rates close to 8.25% thereby mimicking the long-bond rates, but as long as there is potential for real earnings in the sector, explains JHI Real Estate chairman Les Weil, this should not cause concern.
Local and international interest is growing in the possibility of making South Africa the first African country to build a synchrotron, it emerged this week.
Australian-style multiple auctions - introduced to South Africa last year by Auction Alliance in the residential market - have now been extended to commercial property.
The Competition Tribunal has unconditionally approved the merger between construction group Murray Roberts Limited (MUR) and the Cementation Company
ONE of NMC's specific areas of expertise is in superflat concrete flooring, which offers considerable advantages, particularly in industrial building projects.
Murray & Roberts (M&R), the listed building, construction and engineering group, has placed China firmly on its radar screens.
But an improving US growth rate could easily see an outflow of capital from the South African market
THE A20m takeout of minorities in SA construction group Aveng's Australian subsidiary McConnell Dowell moved a step closer to conclusion at the end of last week when a requisite body of shareholders backed the plan, Aveng said on Friday.

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