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Government leases not too risky
Investors may still be wary of exposure to government-tenanted buildings after a number of public works leasing scandals struck the department last year. 20 May 2013 08:27
Lower crime rates make southern peninsula homes popular
In recent years, Cape Town estate agents have repeatedly advised potential home buyers to consider the security situation in the areas in which they wish to live - but have often been unable to identify exactly which these are. 16 May 2013 08:46
Bricks and mortar for PIC's boss
The Public Invesment Corporation (PIC) R62bn real estate portfolion, may be one of the most commanding jobs in the SA property sector. 17 May 2013 09:41
Rats, rats as big as bloomin' cats
City of Johannesburg spokesman Nthatisi Modingoane said the environmental directorate conducts rodent control blitzes regularly. 17 May 2013 10:43
Hilton plans to boost African presence
Hilton Worldwide has expanded its product offering in SA over the past six months and the US-based group intends to increase its presence in Africa‚ according to vice-president of operations for Africa and the Indian Ocean‚ Jan van der Putten. 16 May 2013 08:38
South African house price growth gives reason for optimism
Although there is as yet 'nothing to write home about' when looking at house price trends in South Africa, there are now clear indications that residential property has regained some of its traditional appeal for investors, said Mike van Alphen, national manager of the Rawson Property Group's bond origination division, Rawson Finance. 16 May 2013 11:23
Warehouse profits reach R243,3m
[Zeenat Moorad] Holdsport‚ which owns the Sportsmans Warehouse and Outdoor Warehouse on Wednesday (15 May) said the current retail environment was challenging and the group did not envisage any improvement in its performance during the remainder of the year. 16 May 2013 07:54
KZN office block aims for five-star green building rating
One of KwaZulu-Natal's most innovative property investors and owners is going ahead with a multi-million rand 8860m2 industrial warehouse and office development in Durban's upmarket River Horse Valley. 16 May 2013 11:32
Hospitality industry needs equity - Arthur Gillis
South Africa needs equity in order to build hotels, says Protea Hospitality Group CEO Arthur Gillis. Gillis warned delegates attending the Hospitality Investment Conference Africa (HICA) in Durban that for the foreseeable future, investors may need to provide at least 50% equity to finance hotels. This is assuming that all other development success factors are in place. 15 May 2013 09:14
Fines, payments choke Stefanutti Stocks
[Alistair Anderson] Construction company Stefanutti Stocks said on Tuesday (14 May) that late payments by debtors and a provision for a hefty fine for anti-competitive behaviour were to blame for the company reporting a record R162m loss for the year to February. 15 May 2013 09:40
Rawson cautions property investors on 'experts'
Bill Rawson, chairman of the Rawson Property Group, has warned investors to beware of 'experts' and advisors who downgrade the value of property investments. 15 May 2013 09:04
Time to unlock Africa's travel potential
The South African Tourism Indaba should expand its platform by attracting even more exhibitors and buyers from the African continent, Tourism Minister Marthinus Van Schalkwyk said on Sunday (12 May). 14 May 2013 11:56
Online services increase house sales
Property purchasing in South Africa is being driven by a younger generation that relies on the Internet for information, bond originator ooba said on Monday (13 May). 14 May 2013 11:40
Court rules in favour of Seardel
A Cape Town property valued at R38.7m is to be transferred to clothing and textile manufacturer Seardel after leave to appeal by third parties opposing the transfer was dismissed with costs. 13 May 2013 09:22
Cullinan earnings climb by 25.2%
Tourism and leisure group Cullinan last week reported a 25.2% increase in headline earnings from R21.7m to R27.2m for the six months to March on the back of a 20% increase in sales. 13 May 2013 09:37
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