Investing
Buyers seek income from Property
Auction Inc launched its auction year yesterday with a lively and well-attended sale that attracted serious buyers of income-earning properties. ... Full story
John Ross Eco Junction grows apace with first new development
John Ross Eco Junction, a commercial industrial development grows apace with first new facility for Tangawizi Motors to accommodate four motor dealership brands namely Hyundai, Daihatsu, Renault and Honda.
Cautious approach as South African Property Sector recovers
Investment Property Databank (IPD) intends to maintain a cautious approach ahead of its annual property index result announcement as the South African property sector finds its feet.
SA Corporate shares rally after R439m Joburg CBD Investment
Shares of JSE-listed SA Corporate Real Estate Fund surged 2,6% to close at 393c on Monday after reports that the group had acquired a significant investment in the Johannesburg CBD from Afhco Group.
S.Africa Government conned by Private Office Rentals
The department of public works spends over R3bn/year leasing office space in privately owned buildings on behalf of national government departments.
Cape Town Industrial Property Vacancies continue to reduce
The amount of vacant industrial premises to rent in Cape Town has steadily been reducing for the last 24 months, according to Tony Bales of Epping Property.
Investment opportunity knocks for listed property sector
The fall in property stock prices since the US first raised the possibility of cutting down on its quantitative easing programme in the middle of last year has created a buying opportunity for investors.
Liberty Group grabs 25% stake in Melrose Arch precinct
Financial service group Liberty Holdings on Monday said it had entered into an agreement with Melrose Arch Investment Holdings (MAIH) to acquire an undivided 25% share in Melrose Arch Precinct, north of Johannesburg.
Budget Speech attack on property industry totally baseless
Claims made by Finance Minister Pravin Gordhan during his budget speech last Wednesday about the commercial property sector not honest in leasing deals made to government are unjustified, says SAPOA.
Consolidation may spur listed property sector growth
South Africa’s listed property is expected to undergo consolidation in 2014, helping boosting the property sector’s share prices.
Attacq wins favour with Investors
Investor confidence in Attacq (ATT) remained strong on Wednesday‚ with the recently listed capital growth fund raising R512m in an oversubscribed share placement.
Tower Property Fund: value chasers climb in
Though Tower Property Fund didn't initially create much excitement among investors when it listed in July last year, the owner of trendy mixed-use precinct Cape Quarter in Cape Town's Green Point has in recent months started to appear on the buying lists of a number of prominent fund managers.
SA’s Listed Property is still a safe harbour
South Africa’s Listed Property still represented good value for property investors wanting a relatively secure income stream despite high volatility in the sector over the past year.
Iveco South Africa gets R230m loan boost from Nedbank
Global vehicle manufacturer, Iveco South Africa (Pty) Ltd has boosted its financial resources for development and refurbishment of a motor vehicle manufacturing facility in Rosslyn, Pretoria, through a R230 million loan from Nedbank Corporate Property Finance.
Hazy outlook for SA’s Property Sector in 2014
In spite of our fragile economy facing further setbacks, the 2014 fortunes of South African property market inextricably lies on the country’s economy performance and other markets.