Cashbuild has reported a 30% increase in its revenue for the second quarter of its financial year to end-December compared to that of the year-earlier period
Listed property loan stock Resilient Property Income Fund said yesterday that it would own a 60% interest in a new R450m shopping centre in Witbank.
SA's second-largest construction group has upped its R22,30 a share offer for the smaller rival to R28 a share
Fitch Ratings has affirmed construction group Aveng Limited's National ratings at Long-term A and Short-term F1
Spending on construction could exceed R100bn this year due to low interest and inflation rates, says the Master Builders Association of SA.
Cashbuild's revenue for the first quarter of the 2006 financial year has seen the positive trend experienced during the 4th quarter of 2005 continue
Aveng says that results from its cement, steel and manufacturing businesses for the first quarter of the 2006 financial year were slightly ahead of expectations
Murray and Roberts is upbeat about prospects, with directors expecting real growth in headline earnings in the year to June 30 2006
Business confidence in the construction industry remains high, with the Bureau For Economic Research's confidence index rising to 94

eProperty News is a leading online commercial property marketplace serving the Southern African Investment, Office, Retail and Industrial property and allied sectors.