Almost 37 500 families of mostly the so-called Cape Flats areas will benefit from a once-off opportunity to substantially reduce their rental debt with Council and catch up with payments sooner.
Redefine Income Fund, managed by Madison Property Fund Managers, announced an increased interest distribution of 8 cents per linked unit for the second quarter ended 29 February 2004.
Property loan stock company Paramount Property Fund (Paraprop) said it was acquiring a retail property, as well as two office blocks, for a total consideration of R42,2m.
Local and national government are devising plans to reverse urban decay.
Plans to sell liabilities of R10bn to private-sector company to collect as state pays its R1,4bn in services bills Political Correspondent
ONE of NMC's specific areas of expertise is in superflat concrete flooring, which offers considerable advantages, particularly in industrial building projects.
CONSTRUCTION and building materials retailer Iliad Africa's earnings rose steeply in the year to December, following its acquisition of Corpbuild from Corpcapital, and amid organic growth.
HIGHER retail rentals and low interest rates have helped some listed property companies to turn in profits well ahead of forecasts.
Investec's head office buildings in Cape Town and Sandton were transferred to Growthpoint Properties Ltd

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