A call for the Competition Commission to address exclusivity clauses in shopping-mall leases that may be anti-competitive and restrain economic growth has been made by the South African Real Estate Investment Trust (Reit) Association.
By Alistair Anderson 29 Jul 2014 12:04
Home buyers should pick the right neighbourhood before they even start looking for a house; says FNB because it is pointless buying an affordable house in the wrong area.
By Gaongalelwe Moatshe 28 Jul 2014 13:51
Rectangle Properties has conceded in the Department of Labour-appointed commission of inquiry into the collapse of the Tongaat Mall that the plans for the development were never approved.
25 Jul 2014 08:50
Porsche SA has bought the Kyalami race track for R205m in an auction at Summer Place in Johannesburg - the highest price paid for a property in liquidation in South Africa.
25 Jul 2014 08:36
Medical aid group Discovery's new office, next to Sandton City, is being built at an estimated development cost of R2.6bn, which is believed to set a new record for office developments in SA.
By Alistair Anderson 24 Jul 2014 11:53
Controversial AbaThembu King Buyelekhaya Dalindyebo has lodged a claim for the land on which Mthatha is built despite it already being the subject of a claim by the Zimbane Development Trust.
23 Jul 2014 10:00
Investec Australia Property Fund (IAPF), a JSE-listed rand hedge announced that it had bought a large office development in Brisbane for A$65.5m (R652m).
By Alistair Anderson 22 Jul 2014 11:55
The design of the collapsed Tongaat Mall, north of Durban, was not flawed according to engineer Dr Piet Pretorius.
22 Jul 2014 11:39
Electronics company Samsung has agreed to establish its first African manufacturing facility at KwaZulu-Natal's Dube Tradeport.
By Nick Hedley 22 Jul 2014 11:16
The Langa station in Cape Town will soon boast with a 5,000m² specially tailored pedestrianised shopping centre.
21 Jul 2014 07:32
The government has been spending R60m a year on 108 vacant buildings and R12m on 12 buildings occupied by non-government tenants.
17 Jul 2014 11:30
The listed construction and engineering firm Aveng placed R2bn in convertible bonds‚ maturing in 2019‚ with institutional investors at a coupon rate of 7.25%.
By Nick Hedley 17 Jul 2014 11:02
The JSE's listed property sector has not managed to maintain its run of the past few years of beating the broader all share index, but it has managed to stage a strong rebound from a disastrous start in January to give investors a small return for the year-to-date.
By Alistair Anderson 16 Jul 2014 11:40
Synergy Income Fund's A and B units have been among the listed property index's top performers since the beginning of the year‚ with both having risen nearly 20% while the index gained about 6%.
By Alistair Anderson 15 Jul 2014 08:38
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