Listed property loan stock company Pangbourne Properties is upbeat about the prospects for its newly acquired Pineslopes retail centre, saying Fourways, where the centre is situated, is one of the "premier growth" areas in Gauteng.

Growpoint Properties, yesterday reported a 6% surge in distributions for the six months to December

Interview with Athol Campbell - CEO Pangbourne Properties.

Acsa said yesterday it was likely to exceed its planned five-year infrastructure development budget of R3,6bn and was in discussions with its shareholders to seek additional funds

Johannesburg - The withdrawal of the R2.2 billion tax break given to French aluminium firm Pechiney implied that the allowance would be available for other companies interested in undertaking large capital investments in the country, a senior tax adviser with a major accounting firm said yesterday.

R2bn Coega tax break withdrawn

Government considers massive bale-out to end blackouts in SA's industrial hub

Developers target the rich and famous for island residential project.

Economists and property developers hailed proposed tax incentives for Port Elizabeth's urban development zone, saying they could turn the metro into a vibrant economic hive.

Deductions for renovations, new buildings will draw large investors, and should form part of integrated strategy, experts say.