2010 has undoubtedly been a year for the record books and as the last months wind down eager investors are focusing on the remaining property auctions taking place across the country

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

Stakeholders in the South African property market are increasingly recognising the important role that innovative finance solutions have to play.

The auctioneering industry is showing that demand for coastal properties is on the rise as more and more homes along the South African coastline are being sold via the auction mechanism

Growthpoint Properties Limited has announced that it has issued R200 million of 3-month senior unsecured commercial paper (CP)

Providing yet another significant skills boost for the property sector, 73 candidates have graduated from SAPOA’s latest Property Development Programme (PDP) held in Cape Town from 15 to 27 August.

Redefine International says that part of the capital raised in its private placement of units will be used to subscribe for additional shares in Redefine International plc.

Redefine International has successfully placed 168,069,337 of its linked units with qualifying investors for an aggregate amount of R955.6m.

Oryx Properties announced on Monday that its total distribution per linked unit for the year ended June 2010 increased by 15.3% to 109.25 Namibian cents per linked unit from 94.75 cents a year ago.

Growthpoint Properties has reported that its distribution growth for the year ended June 2010 increased by 5.8% to 121.2c per linked unit.