Dipula Income Fund’s newly developed 15,400sqm Tower Mall in the growing Jouberton and surrounds western in Klerksdorp, City of Matlosana, will open on 25 October 2013, virtually fully let. 

May 2013 saw year-on-year (y/y) growth in outstanding credit balances in the South African private sector (households and the corporate sector) remaining unchanged at 9,1% from end-April.

House price growth slowed down in May 2013, based on nominal year-on-year growth in the average value of homes in the middle segment of the South African residential property market.

ABSA will on Wednesday hear whether its acquisition of a "landmark" development in Cape Town, that includes the upmarket 15 on Orange Hotel, will be approved by competition authorities.

While the liquidation will lead to the winding up of the company, a long list of other court processes and investigations are trying to get to the bottom of the mess

The bad news for shareholders of Hospitality Property Fund, last week it announced plans for a rights issue to help refinance a R1,35bn debt facility with Absa that expires this month.

Choppies Shopping Centre, a nationally tenanted retail centre in the Mafikeng CBD, is scheduled to fall under the auctioneers gavel during Auction Alliance’s Commercial Multiple auction on October 27.

The Gauteng Provincial Government has awarded a R1-billion tender to the Absa Group to fund the Gautrain Rail Link Project

The May commercial Multiple Auction held by Auction Alliance at the Crystal Towers Hotel&Spa was an enormous success with a string of quality lots being sold at excellent prices

Global commercial real estate firm Jones Lang LaSalle (NYSE: JLL) has announced the formation of Jones Lang LaSalle South Africa following the acquisition of one of the country’s leading corporate property service providers, Bradford McCormack & Associates (BMA)