Vantage Capital provides $12.5m of funding to Purple Capital, a leading Nigerian property development company
Vantage Capital , Africa’s largest mezzanine fund manager, announced today that it has provided $12.5 million of funding to Purple Capital, a prominent Nigerian real estate company and financial service provider.
New ruling prevents municipalities claiming back undeveloped property
It has been common practice for municipalities to sell vacant properties for both commercial and residential development, subject to a title deed condition that the property must be improved within a certain period or the properties would revert back to the municipality.
ConCourt ruling on homeowners not liable for historical debt
The Constitutional Court in the Case of Chantelle Jordaan and others V City of Tshwane Metropolitan had to determine if Section 118(3) of the Local Government Municipal Systems Act 2000.
Banks given greater freedom to make property loans on back of court ruling
Until very recently new owners of properties were held liable for the historical debt of a seller due to a municipality in terms of Section 118(3) of the Municipal Systems Act.
Investec Property and CRI-Eagle Investments announce new home of Werksmans
Investec Property and CRI-Eagle Investments have entered into a partnership to develop a prime piece of land located in the heart of the Sandton CBD.
Resilient Property Income Fund receives R1bn damages claim
Resilient Property Income Fund has received a claim for almost R1bn relating to alleged damages suffered by a property investment group as a result of Resilient family firm Capital Property Fund’s acquisition of Clairwood Racecourse.
SA renegotiates double tax agreement with Mauritius
SOUTH Africa has renegotiated its double tax agreement with Mauritius following earlier concerns by the South African Revenue Service (SARS) and the Treasury that South African multinational were abusing the current treaty negotiated in 1996.
Fines level playing field in construction industry
Werksmans Attorneys director Paul Coetser says the Construction Fast Track Settlement Process has worked well.
Solar and wind-energy projects require large tracts of land in order to be sustainable
The recent introduction of independent power producers in South Africa is essential for the government to be able to “keep the lights on” and avoid the rolling blackouts of a few years ago.
Property Broking
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DTZ Leadenhall
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Property Recruitment
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Facilities Management
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Total Facilities Management Company
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Property Fund
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Africrest Properties
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Property Management
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Anaprop Property Management
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Property Valuers
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Property Finance
Property Development
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Isibonelo Property Service (PTY) LTD
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Bobtons Construction
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