Texton Property Fund has secured a long-term lease renewal with Truworths for its prominent high street shop in central Durban, KwaZulu-Natal - one of the group’s biggest stores in South Africa.

Fairvest Property Holdings Limited (“Fairvest”) today announced a full year distribution of 16.660 cents per share, which represents a 10.29% increase on the comparable period and again exceeded the guidance previously issued.

Taxpayers splurge a hefty R4 billion on property leases per year.

SAPOA was invited by the Department of Public Works to address its comments on the Expropriation Bill in Parliament at the Public Hearings.

Specialist government focused REIT, Delta Property Fund announced that it received shareholder approval to appoint a new asset management company.

Rebosis Property Fund reports solid annual financial results for the year ended 31 August 2014, ahead of its forecast range and market consensus.

SAIBPP's conference to address transformation in property industry

The Department of Public Works turnaround strategy has uncovered R34.9 billion in irregular expenditure dating back to 2001, Public Works Minister Thembelani Nxesi announced.

Monday, 03 March 2014 11:55

Government attacks property industry

The South African Property Owners Association has expressed its dismay at comments made by Finance Minister Pravin Gordhan about the commercial property sector during his budget speech last Wednesday.

The South African Property Owners Association (SAPOA) has expressed its support for the Department of Public Works' decision to seize misappropriated state properties.

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