Wednesday, 17 November 2010 02:00

Appetite for vacant land back on track

As development sites sell for R16.7M, a recurring question being asked in property circles is whether vacant land is still haunting investors and financial institutions, or has appetite returned?.

The economic downturn has seen the leisure property sector battle as several struggling golf and leisure estates have seen the auction block in recent months

Nedbank Corporate Property Finance has funded the R265-million second phase of the Upper Eastside mixed use development in Woodstock, Cape Town

Thursday, 21 October 2010 02:00

Property agents positive on prospects

Estate agents have expressed confidence about the sustainability of foreign interest in the South African residential property space post the 2010 Soccer World Cup.

Tuesday, 12 October 2010 02:00

Opposite ends of retail spectrum

Owning shares in Hyprop Investments and Resilient Property Income Fund, means investors own some of the best retail property in SA.

Thursday, 07 October 2010 02:00

Rare Mouille Point property for sale

With the construction of the nearby Cape Town Stadium, and close proximity to the V&A Waterfront and Cape Town CBD, the area has attracted a lot of attention from investor.

Wednesday, 29 September 2010 02:00

Entire Franschoek farm to be auctioned

Auction Alliance will take La Chanelle, a fruit and wine farm in the Franschhoek Valley, to auction on October 8

The R5.4bn, five-year expansion programme at the Cape Town container terminal continues to transform South Africa's second largest container facility.

Friday, 03 September 2010 02:00

Bouncing off the bottom

 

For many investors, Growthpoint is a good proxy for the property sector. It is in the Alsi 40, with a R26bn market cap. It has a similar split to the overall property market, with 42% in offices, 36% in retail and 22% in industrial property. In the year to June, however, the increase in Growthpoint’s distribution (dividend) was below the listed property sector’s at 5,8%.

Wednesday, 01 September 2010 02:00

Hospitality makes R715m acquisition

 

Hospitality Property Fund announced on Tuesday it had acquired Westin Grand Cape Town and Arabella Western Cape Hotel and Spa for R715.2 million.

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