HCI will by default bolster its large stake in Tsogo Sun after SABMiller confirmed a decision to disinvest from the gaming and hotels group.
Dubai is planning to build a temperature-controlled city featuring the world's largest mall and an indoor park, as well as hotels, health resorts and theatres.
Total income for South Africa's tourist accommodation industry rises by 12.9% in nominal terms in April, according to Statistics SA's tourist accommodation survey.
Tsogo Sun is South Africa's biggest hotel group, but it is its hotel in Lagos, the Southern Sun Ikoyi, that lays claim to the second-highest average room rate in the group, trailing only a boutique hotel in Seychelles.
Tsogo Sun delivers an 18% rise in adjusted headline earnings per share to 176.5c in the year to March‚ boosted by merger activity undertaken as part of its growth strategy.
Sandile Nomvete's Delta Property Fund brings the first outright African real estate offering to the JSE market next month.
The former grande dame of Johannesburg hotels is set to open its doors as the Four Seasons Westcliff in December after a complete facelift
SA shareholders of Redefine International continue to be rewarded on both the income and capital growth front.
Sandton's bustling business hub is set for a major boost with the much-anticipated completion of Empire Executive Apartments and Hotel.
Total income for the tourist accommodation industry increases by 3.7% in February 2014 compared with February 2013.

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