Despite concerns about a looming oversupply of office space and increased road congestion, commercial real estate investors and developers continue to pour billions into the Sandton CBD...
A pending a transfer of R480 million worth of properties - three retail properties and two office buildings - into the Tower Property Fund's portfolio is expected to be finalised by the end of April...
Taxing a sale between a willing home owner and buyer is controversial in most countries in which it is levied; no less so than in South Africa, where it is termed transfer duty. Its critics argue that it is simply a tax for which there is no specific reason or rationale, other than to help fill national coffers... read more>>
Vukile CEO Laurence Rapp discusses the success of the bid to gain control of Synergy Property Fund and how take-up is in line with company expectations‚ in this interview conducted on 3 February... read more>>
Redefine executive chairman Marc Wainer discusses plans to beef up the company's office portfolio with acquisition of Leaf Capital's property assets‚ in this interview conducted on 29 January... read more>>
Tower Property (TWR) on Friday said it was pleased with its interim results‚ which had been achieved "in an increasingly difficult trading environment"... read more>>