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. Read more >>
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. Read more >>
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. Read more >>
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). Read more >>
A number of recent press reports have commented on the rising property market in South Africa and in particular the manner in which the very top end of that market is performing. Read more >>
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. Read more >>
Not long ago cloud computing and "bring your own device" to work began to change the way businesses and individuals used technology. This is now expanding to include the concept of the "Internet of Things" (IoT). Read more >>
WASHINGTON, USA:Online real estate website Zillow announced it is buying rival Trulia in a $3.5bn stock deal that merges the two main firms in the sector. Read more >>
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. Read more >>
