Cashbuild shareholders have approved proposals for the sale of a 10% stake to the company's employee base of approximately 2,000 people across South Africa

THE managers of new listed property company Calulo Property Fund say they are confident they will be well positioned to attract significant government and parastatal business because of their strong empowerment credentials.

Calulo Properties has successfully completed its acquisition of Annuity Property Fund and has changed the name of the company to Calulo Property Fund

Listed property's party is over and investors in the sector can expect lower, more stable, total returns of about 13% next year, says First South Securities.

Government has invited Independent Power Producers (IPPs) to register "expressions of interest" in the development of two new peaking energy generation projects to meet growing energy demands in the country.

BEE 'nonsensical' for listed property

The R400-million Vaal Mall shopping centre in Vanderbijlpark will open its doors early in 2006.

Kagiso Property Holdings have joined forces with the HL Hall and Sons farming dynasty of Nelspruit to launch a new R120-million commercial and retail development

Construction on a new R400m regional mall in the Vaal Triangle is set to begin in October this year.

Interview between Lindsay Williams and Mike Wylie