Balwin Properties acquire development rights from Portimix in Johannesburg’s Kyalami and Waterfall node for R1.5bn.

Balwin Properties, South Africa’s largest homebuilder focusing on large scale sectional-title residential estates in high-growth, high-density metropolitan nodes in South Africa’s major cities, this morning announced strong interim results for the six months ended 31 August 2015.

Balwin Properties Limited successfully debuted on the main board of the Johannesburg Stock Exchange in the Real estate holding and development sector.

Balwin Properties announced that the offer for shares in relation to its listing was over-subscribed. 

Balwin Properties is looking to raise between R713 million and R1.6 billion ahead of its listing on the “Real estate holding and development” sector of the JSE main board on Thursday, 15 October 2015.

Balwin Properties Limited, South Africa’s largest homebuilder focusing on large scale sectional-title residential estates in high-growth, high-density metropolitan nodes in South Africa’s major cities, today announced its intention to list on the main board of the JSE Limited, subject to requisite approvals (the “Listing”).