One of Kwa-Zulu Natal’s most well known landmarks will come under the hammer at an auction conducted in Johannesburg on the 10th of November.

Properties worth R375 million will come under the hammer over three days next week in one of the largest multiple auctions ever hosted in South Africa.

Rising costs putting pressure on rentals and prices in new commercial and industrial developments.

South African cement sales for May exceeded one million tons for the first time since November 2004, the Cement and Concrete Institute has reported.

Redefine Income Fund, managed by Madison Property Fund Managers, announced an increased interest distribution of 9 cents per linked unit for the second quarter ended 28 February 2005.

Total returns for SA commercial property accelerated to 23.4% in 2004, up from 15.3% in 2003, breaking the previous record of 17.4% set in 1997

Twenty-five investment projects worth R29bn were approved under government’s strategic investment projects incentive programme between April 2002 and March last year, according to a report tabled in Parliament this week.

The KwaZulu-Natal Education Department has unveiled an ambitious multi-billion Rand programme to expedite the delivery of classrooms

Municipal Finance Management Act could be major tool for bringing stability in the finances of municipalities.

Listed property loan stock company Redefine Income Fund said yesterday that it had purchased nine properties with long leases from the Collins Property Group for R252,5m at a forward yield of 10,7%.