Growthpoint Properties Limited, South Africa's largest listed property loan stock company, announced an interim distribution of 33,5 cents per linked unit for its six-month period ended 31 December 2003 representing a 4.7% increase in distribution over the comparable six-month period in 2002.
Institutional investors were increasingly attracted to the high-yield stable returns offered by property.
The R5 billion merger of Growthpoint Properties Limited and Primegro Properties Limited has been selected as one of the top 10 deals of the year by David Gleason’s DealMakers.
The government was as yet not too concerned about the growing trend from exporters to divert traffic through Maputo's port rather than the congested Durban port.
Many pundits are saying that the South African property market is overheated and a major downward correction is imminent
Johannesburg's Central Business District is experiencing a major resurgence in the provision of parking facilities.
Cape Town - Paramount Property Fund (Paraprop) plans to grow its R906 million property portfolio again as the outlook for the property market for 2004 was reasonably good and the economy was well positioned for growth in line with the anticipated expansion of the global economy.
Saiia has called on both the government and business to do more to increase two-way trade with opportunity-rich Angola
Central Cape Town is slowly being choked to death through carbon emissions and traffic congestion by an increase in single-occupancy vehicles on the roads, says Cape Town Partnership chief executive Andrew Boraine.

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