Aveng’s share price jumps 13.6% to R4.60 after the construction group says its headline loss have halved in its past financial year.

Construction of Palm Brook, the fifth block of apartments in the Oasis Luxury Retirement Resort at Century City where 23 apartments have already been sold for more than R120million, has now commenced.

The reinvention of Durban’s old Dunlop tyre factory into state-of-the art warehousing is on track and will be ready for occupation by logistics companies in October.

Echo Polska Properties (EPP), in which South Africa’s Redefine Properties (JSE: RDF) holds a strategic 49.9% stake, is aiming to list on the Luxembourg Stock Exchange (LuxSE) in August 2016 followed by a listing on the Johannesburg Stock Exchange (JSE) in September 2016.

Based on data published by Statistics South Africa, building activity in the South African market for new private sector-financed housing (see explanatory notes) remained under pressure in the first five months of 2016, with much subdued year-on-year growth in activity levels in May this year.

The average cost premium of building green over and above the cost of conventional construction – or green cost premium – is a mere 5.0% and can be as low as 1.1%.

Emira Property Fund today announced it has signed an agreement with WSP|Parsons Brinckerhoff for approximately 5,800m² of premium quality sustainable head office space at its leading-edge Knightsbridge office park development in Bryanston.

Accelerate Property Fund grows its portfolio 24% year on year to March to R8.4bn, owing to strong investment activity.

The R870 million Houghton Hotel has awarded the final construction contract to Stefanutti Stocks.

Accelerate Property Fund, the JSE listed Real Estate Investment Trust with significant exposure in the dynamic Fourways node, Johannesburg, today reported strong Annual Results despite a challenging business environment and slow economic growth.